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Pruco Life Insurance Of New Jersey

Pruco Life Insurance Company of New Jersey (the “Company”, “PLNJ”, “we”, or “our”) is a wholly-owned subsidiary of the Pruco Life Insurance Company, (“Pruco Life”), which in turn is a wholly-owned subsidiary of The Prudential Insurance Company of America, (“Prudential Insurance”). Prudential Insurance is a direct wholly-owned subsidiary of Prudential Financial Inc. (“Prudential Financial”). See Note 1 to the Financial Statements for additional information. Pruco Life may make capital contributions to the Company, as needed, to enable it to comply with its reserve and capital requirements and fund expenses in connection with its business. Pruco Life is under no obligation to make such contributions and its assets do not back the benefits payable under the Company’s policyholders’ contracts.

Calendar

19 Mar 21
13 Apr 21
31 Dec 21
Quarter (USD)
Dec 20 Sep 20 Jun 20 Mar 20
Revenue
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Operating income
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Cash on hand
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Annual (USD)
Dec 20 Dec 19 Dec 18 Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
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Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated) Burn method: Change in cash Burn method: Operating income/loss Burn method: FCF (opex + capex)
Last Q Avg 4Q Last Q Avg 4Q Last Q Avg 4Q
Cash on hand (at last report) 68.53M 68.53M 68.53M 68.53M 68.53M 68.53M
Cash burn (monthly) (positive/no burn) (positive/no burn) (positive/no burn) (positive/no burn) 411.33K (positive/no burn)
Cash used (since last report) n/a n/a n/a n/a 1.41M n/a
Cash remaining n/a n/a n/a n/a 67.11M n/a
Runway (months of cash) n/a n/a n/a n/a 163.2 n/a

Beta Read what these cash burn values mean

Financial report summary

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Management Discussion
  • Income from operations before income taxes increased $9 million from income of $33 million in 2019 to income of $42 million in 2020. Excluding the impact of our annual reviews and update of assumptions and other refinements, income increased $6 million primarily driven by:
  • •Higher General, administrative and other expenses driven by an unfavorable comparative impact from commission and expense allowance ceded due to lower sales partially offset by lower expenses due to company initiatives.
  • Revenues increased $45 million from a gain of $149 million in 2019 to a gain of $194 million in 2020. Excluding the impact of our annual reviews and update of assumptions and other refinements, Revenues increased $45 million primarily driven by:
Content analysis
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H.S. sophomore Bad
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Proxies

No filings