Centene Cash and Equivalents Trend from 2010 to 2020

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CNC -- USA Stock  

Fiscal Quarter End: March 31, 2020  

Centene Cash and Equivalents is increasing over the years with slightly volatile fluctuation. Ongoing Cash and Equivalents is expected to grow to about 7 B this year. From 2010 to 2020 Centene Cash and Equivalents quarterly data regression line had arithmetic mean of 2,976,063,818 and slope of  702,198,109. Centene Direct Expenses is expected to significantly increase based on the last few years of reporting. The last year Direct Expenses was at 43.6 Billion. The current year Consolidated Income is expected to grow to about 1.1 B, whereas Net Loss is expected to decline to (5.8 M). Check Centene fundamental indicators over time to gain insight into the company future performance. Apply historical fundamental analysis to find patters among financial statement drivers such as Direct Expenses of 47 B, Consolidated Income of 1.1 B or Cost of Revenue of 64.1 B, as well as many exotic indicators such as Interest Coverage of 5.02, Long Term Debt to Equity of 0.5244 or Calculated Tax Rate of 44.37. This can be a perfect complement to check Centene Valuation or Volatility. It can also complement various Centene Technical models. Continue to analysis of Centene Correlation with competitors.

Centene Cash and Equivalents Marginal Breakdown

Showing smoothed Cash and Equivalents of Centene Corporation with missing and latest data points interpolated. A component of [Assets] representing the amount of currency on hand as well as demand deposits with banks or financial institutions.

7.02 B

          10 Years Trend
Slightly volatile
 Cash and Equivalents 

Centene Regression Statistics

Arithmetic Mean 2,976,063,818
Geometric Mean 2,006,274,845
Coefficient Of Variation 81.01
Mean Deviation 2,113,996,529
Median 1,760,000,000
Standard Deviation 2,410,987,611
Range 6,616,248,000
R Value 0.97
R Squared 0.93
Significance 0.00000138
Slope 702,198,109

Centene Cash and Equivalents Over Time

2018  5,342,000,000 
2019  6,143,300,000 
2020  7,020,000,000 

Other Fundumenentals of Centene