Fortitude Life Insurance & Annuity Co financial data

Industry
Insurance Carriers, NEC
Location
Ten Exchange Place, Suite 2210, Jersey City, NJ
State of incorporation
AZ
Fiscal year end
December 31
Former names
PRUDENTIAL ANNUITIES LIFE ASSURANCE CORP/CT (to 5/12/2022), AMERICAN SKANDIA LIFE ASSURANCE CORP/CT (to 12/31/2007)
Latest financial report
10-Q - Q3 2024 - Nov 8, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 2.19K % +13.1%
Return On Equity 10.6 %
Return On Assets 0.46 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 25K shares 0%
Common Stock, Shares, Outstanding 25K shares 0%
Entity Public Float 0 USD
Common Stock, Value, Issued 3M USD 0%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 944M USD
General and Administrative Expense 71M USD 0%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 163M USD +89.2%
Income Tax Expense (Benefit) 17.7M USD +96.6%
Net Income (Loss) Attributable to Parent 145M USD +88.1%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 420M USD -29.1%
Goodwill 0 USD -100%
Assets 31.6B USD +5.69%
Liabilities 30.3B USD +6.09%
Accumulated Other Comprehensive Income (Loss), Net of Tax -30M USD -1600%
Retained Earnings (Accumulated Deficit) -348M USD -1.46%
Stockholders' Equity Attributable to Parent 1.34B USD -2.69%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.34B USD -2.69%
Liabilities and Equity 31.6B USD +5.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -327M USD -448%
Net Cash Provided by (Used in) Financing Activities 131M USD +1210%
Net Cash Provided by (Used in) Investing Activities -303M USD -131%
Common Stock, Shares Authorized 25K shares 0%
Common Stock, Shares, Issued 25K shares 0%
Common Stock, Par or Stated Value Per Share 100 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -499M USD -1748%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 420M USD -29.1%
Deferred Tax Assets, Valuation Allowance 36M USD -5.26%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 259M USD -3.72%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 113M USD +88.7%
Deferred Tax Assets, Operating Loss Carryforwards 87M USD
Deferred Tax Assets, Net of Valuation Allowance 50M USD -95.3%