Cigna Corp Financials
| CI Stock | USD 352.39 3.61 1.04% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Net Profit Margin | 0.0374 | 0.0265 |
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| Debt Equity Ratio | 0.7 | 0.67 |
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| Current Ratio | 0.73 | 0.7667 |
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The financial analysis of Cigna Corp is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Cigna Corp includes many different criteria found on its balance sheet. For example, investors should never minimize Cigna Corp's ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Cigna Corp's cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Cigna Corp.
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With this module, you can analyze Cigna financials for your investing period. You should be able to track the changes in Cigna Corp individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
Cigna | Select Account or Indicator |
Understanding current and past Cigna Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Cigna Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Cigna Corp's assets may result in an increase in income on the income statement.
The data published in Cigna Corp's official financial statements usually reflect Cigna Corp's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Cigna Corp. For example, before you start analyzing numbers published by Cigna accountants, it's critical to develop an understanding of what Cigna Corp's liquidity, profitability, and earnings quality are in the context of the Health Care Providers & Services space in which it operates.
Please note, the presentation of Cigna Corp's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Cigna Corp's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Cigna Corp's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Cigna Corp. Please utilize our Beneish M Score to check the likelihood of Cigna Corp's management manipulating its earnings.
Cigna Corp Stock Summary
Cigna Corp competes with Certara, HealthStream, Evolent Health, Streamline Health, and Definitive Healthcare. Cigna Corporation provides insurance and related products and services in the United States. The company was founded in 1792 and is headquartered in Bloomfield, Connecticut. Cigna Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72226 people.Specialization | Health Care, Health Care Equipment & Services |
| Instrument | USA Stock View All |
| Exchange | New York Stock Exchange |
| ISIN | US1255231003 |
| CUSIP | 125523100 125509109 |
| Location | Connecticut; U.S.A |
| Business Address | 900 Cottage Grove |
| Sector | Health Care Providers & Services |
| Industry | Health Care |
| Benchmark | NYSE Composite |
| Website | www.cigna.com |
| Phone | 860 226 6000 |
| Currency | USD - US Dollar |
You should never invest in Cigna Corp without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Cigna Stock, because this is throwing your money away. Analyzing the key information contained in Cigna Corp's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Cigna Corp Key Financial Ratios
Generally speaking, Cigna Corp's financial ratios allow both analysts and investors to convert raw data from Cigna Corp's financial statements into concise, actionable information that can be used to evaluate the performance of Cigna Corp over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Cigna Corp reports annually and quarterly.| Return On Equity | 0.12 | ||||
| Profit Margin | 0.03 % | ||||
| Operating Margin | 0.04 % |
Cigna Corp Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 155.8B | 155.5B | 154.9B | 143.9B | 147.9B | 89.0B | |
| Net Debt | 32.8B | 22.7B | 28.6B | 25.2B | 23.7B | 24.8B | |
| Retained Earnings | 20.2B | 28.6B | 32.6B | 37.9B | 41.7B | 43.7B | |
| Other Assets | 47.9B | 41.2B | 44.0B | 32.2B | 37.0B | 23.6B | |
| Total Liab | 110.4B | 105.1B | 107.7B | 99.0B | 101.6B | 74.9B | |
| Net Receivables | 15.8B | 17.4B | 20.1B | 22.0B | 23.7B | 24.9B | |
| Other Current Assets | 11.8B | 2.3B | 12.3B | 2.2B | 37.4B | 27.7B | |
| Total Current Assets | 21.4B | 28.9B | 26.1B | 28.8B | 37.4B | 48.7B | |
| Short Term Debt | 5.5B | 3.4B | 2.5B | 3.0B | 2.9B | 3.0B | |
| Intangible Assets | 36.6B | 35.2B | 34.1B | 32.5B | 30.9B | 32.4B | |
| Accounts Payable | 15.5B | 18.8B | 6.7B | 7.8B | 8.6B | 8.5B | |
| Cash | 4.6B | 10.2B | 5.1B | 5.9B | 7.8B | 8.2B | |
| Good Will | 44.5B | 44.6B | 44.6B | 45.8B | 44.3B | 46.5B | |
| Other Liab | 37.9B | 39.5B | 33.0B | 29.3B | 26.4B | 29.0B | |
| Long Term Debt | 31.8B | 29.5B | 31.1B | 28.0B | 28.2B | 29.6B | |
| Treasury Stock | (2.2B) | (6.4B) | (14.2B) | (21.8B) | (19.7B) | (18.7B) | |
| Inventory | 2.7B | 3.2B | 3.7B | 4.8B | 5.6B | 5.9B | |
| Other Current Liab | (21.1B) | (22.2B) | (9.2B) | (10.8B) | 37.3B | 39.1B | |
| Net Tangible Assets | (35.8B) | (29.4B) | (32.8B) | (33.4B) | (30.0B) | (28.5B) |
Cigna Corp Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Cigna Corp's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 1.7B | 1.4B | 1.2B | 1.2B | 1.4B | 1.5B | |
| Operating Income | (96.5B) | 8.7B | 8.4B | 9.5B | 5.2B | 5.4B | |
| Ebit | (96.5B) | 8.7B | 8.4B | 9.5B | 2.1B | 2.2B | |
| Ebitda | (92.9B) | 11.5B | 11.3B | 12.4B | 5.2B | 5.4B | |
| Net Income | 5.1B | 8.5B | 5.4B | 6.7B | 5.2B | 5.4B | |
| Income Tax Expense | 1.5B | 2.4B | 1.4B | 1.6B | 141M | 134.0M | |
| Total Revenue | 153.7B | 160.6B | 174.3B | 180.6B | 195.2B | 204.9B | |
| Gross Profit | 122.9B | 127.9B | 140.7B | 148.4B | 158.9B | 166.8B | |
| Income Before Tax | 6.6B | 10.9B | 6.8B | 8.4B | 5.5B | 3.1B | |
| Cost Of Revenue | 30.8B | 32.7B | 33.6B | 32.2B | 36.3B | 25.7B | |
| Minority Interest | 44M | 41M | 31M | 50M | (159M) | (151.1M) | |
| Tax Provision | 1.5B | 2.4B | 1.4B | 1.6B | 141M | 134.0M | |
| Net Interest Income | (1.7B) | (1.4B) | (1.2B) | (1.2B) | (1.4B) | (1.5B) | |
| Interest Income | 1.7B | 1.4B | 1.2B | 1.2B | 1.4B | 1.1B |
Cigna Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Cigna Corp's current stock value. Our valuation model uses many indicators to compare Cigna Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Cigna Corp competition to find correlations between indicators driving Cigna Corp's intrinsic value. More Info.Cigna Corp is number one stock in return on equity category among related companies. It is rated second in return on asset category among related companies reporting about 0.32 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Cigna Corp is roughly 3.14 . As of now, Cigna Corp's Return On Equity is increasing as compared to previous years.Comparative valuation analysis is a catch-all model that can be used if you cannot value Cigna Corp by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Cigna Corp's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Cigna Corp's earnings, one of the primary drivers of an investment's value.Cigna Corp Systematic Risk
Cigna Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Cigna Corp volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Cigna Corp correlated with the market. If Beta is less than 0 Cigna Corp generally moves in the opposite direction as compared to the market. If Cigna Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Cigna Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Cigna Corp is generally in the same direction as the market. If Beta > 1 Cigna Corp moves generally in the same direction as, but more than the movement of the benchmark.
About Cigna Corp Financials
What exactly are Cigna Corp Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Cigna Corp's income statement, its balance sheet, and the statement of cash flows. Potential Cigna Corp investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Cigna Corp investors may use each financial statement separately, they are all related. The changes in Cigna Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cigna Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Cigna Corp Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Cigna Corp is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Cigna has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Cigna Corp's financials are consistent with your investment objective using the following steps:- Review Cigna Corp's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Cigna Corp's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Cigna Corp's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Cigna Corp's stock is overvalued or undervalued.
Cigna Corp Thematic Clasifications
Cigna Corp is part of several thematic ideas from Healthcare to Insurance. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic IdeasToday, most investors in Cigna Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Cigna Corp's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Cigna Corp growth as a starting point in their analysis.
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Cigna Corp April 19, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Cigna Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Cigna Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Cigna Corp based on widely used predictive technical indicators. In general, we focus on analyzing Cigna Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Cigna Corp's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.8944 | |||
| Information Ratio | 0.1282 | |||
| Maximum Drawdown | 7.02 | |||
| Value At Risk | (1.33) | |||
| Potential Upside | 1.97 |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Cigna Corp's price analysis, check to measure Cigna Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.10) | Dividend Share 4.92 | Earnings Share 17.38 | Revenue Per Share 664.145 | Quarterly Revenue Growth 0.116 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.