Cigna Free Cash Flow vs Invested Capital Analysis

CI Stock  USD 363.34  5.61  1.57%   
Trend analysis of Cigna Corp balance sheet accounts such as Short Long Term Debt Total of 33.1 B or Total Stockholder Equity of 48.5 B provides information on Cigna Corp's total assets, liabilities, and equity, which is the actual value of Cigna Corp to its prevalent stockholders. By breaking down trends over time using Cigna Corp balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Cigna Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Cigna Corp at a specified time, usually calculated after every quarter, six months, or one year. Cigna Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Cigna Corp and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Cigna currently owns. An asset can also be divided into two categories, current and non-current.

Cigna Corp Balance Sheet Chart

Cigna Corp Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Cigna Corp uses and utilizes its capital. It also shows what exactly a company owns and owes.
As of now, Cigna Corp's Retained Earnings are increasing as compared to previous years. The Cigna Corp's current Common Stock Shares Outstanding is estimated to increase to about 366 M, while Total Assets are projected to decrease to under 89 B.

Total Assets

Total assets refers to the total amount of Cigna Corp assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Cigna Corp books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Cigna Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cigna Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.As of now, Cigna Corp's Issuance Of Capital Stock is increasing as compared to previous years. The Cigna Corp's current Enterprise Value Multiple is estimated to increase to 22.70, while Selling General Administrative is projected to decrease to under 10.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit140.7B148.4B158.9B166.8B
Total Revenue174.3B180.6B195.2B204.9B

Cigna Corp fundamental ratios Correlations

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0.940.970.990.720.630.020.90.870.970.610.990.960.930.10.84-0.26-0.50.97-0.450.930.990.570.70.98-0.97
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0.940.990.930.650.670.030.870.890.960.550.970.920.920.090.8-0.21-0.470.95-0.410.920.980.550.590.96-0.95
0.660.720.850.650.26-0.060.720.330.670.780.770.860.630.090.93-0.38-0.470.84-0.530.650.740.130.820.82-0.8
0.660.630.570.670.260.30.550.710.680.240.610.550.480.380.40.27-0.280.57-0.080.610.640.450.30.59-0.64
0.020.020.040.03-0.060.30.020.120.05-0.04-0.010.08-0.020.91-0.050.88-0.440.0-0.130.180.11-0.160.070.07-0.09
0.790.90.880.870.720.550.020.730.830.820.910.930.730.190.8-0.22-0.250.92-0.290.820.890.490.720.89-0.88
0.870.870.780.890.330.710.120.730.890.310.840.720.840.120.53-0.08-0.50.76-0.370.860.860.770.470.8-0.81
0.990.970.940.960.670.680.050.830.890.50.960.90.940.090.79-0.21-0.580.93-0.550.920.970.580.660.96-0.95
0.460.610.680.550.780.24-0.040.820.310.50.680.780.370.20.79-0.25-0.060.75-0.160.580.60.270.70.66-0.66
0.930.990.980.970.770.61-0.010.910.840.960.680.970.90.090.89-0.3-0.510.99-0.480.930.980.580.730.99-0.98
0.880.960.980.920.860.550.080.930.720.90.780.970.840.210.92-0.22-0.480.99-0.460.890.960.430.80.98-0.97
0.930.930.90.920.630.48-0.020.730.840.940.370.90.84-0.030.72-0.33-0.670.86-0.630.880.930.570.650.91-0.88
0.050.10.130.090.090.380.910.190.120.090.20.090.21-0.030.070.85-0.270.120.090.170.19-0.130.250.15-0.18
0.770.840.910.80.930.4-0.050.80.530.790.790.890.920.720.07-0.34-0.460.93-0.460.750.840.290.710.9-0.9
-0.23-0.26-0.29-0.21-0.380.270.88-0.22-0.08-0.21-0.25-0.3-0.22-0.330.85-0.34-0.05-0.290.28-0.16-0.18-0.31-0.26-0.240.2
-0.6-0.5-0.6-0.47-0.47-0.28-0.44-0.25-0.5-0.58-0.06-0.51-0.48-0.67-0.27-0.46-0.05-0.480.82-0.63-0.58-0.3-0.53-0.590.57
0.90.970.980.950.840.570.00.920.760.930.750.990.990.860.120.93-0.29-0.48-0.460.90.970.490.760.99-0.98
-0.59-0.45-0.57-0.41-0.53-0.08-0.13-0.29-0.37-0.55-0.16-0.48-0.46-0.630.09-0.460.280.82-0.46-0.61-0.5-0.23-0.51-0.530.5
0.90.930.910.920.650.610.180.820.860.920.580.930.890.880.170.75-0.16-0.630.9-0.610.940.610.660.92-0.92
0.950.990.970.980.740.640.110.890.860.970.60.980.960.930.190.84-0.18-0.580.97-0.50.940.540.730.99-0.98
0.580.570.520.550.130.45-0.160.490.770.580.270.580.430.57-0.130.29-0.31-0.30.49-0.230.610.540.450.49-0.5
0.660.70.810.590.820.30.070.720.470.660.70.730.80.650.250.71-0.26-0.530.76-0.510.660.730.450.76-0.73
0.940.980.990.960.820.590.070.890.80.960.660.990.980.910.150.9-0.24-0.590.99-0.530.920.990.490.76-0.99
-0.94-0.97-0.98-0.95-0.8-0.64-0.09-0.88-0.81-0.95-0.66-0.98-0.97-0.88-0.18-0.90.20.57-0.980.5-0.92-0.98-0.5-0.73-0.99
Click cells to compare fundamentals

Cigna Corp Account Relationship Matchups

Cigna Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.8B155.5B154.9B143.9B147.9B89.0B
Short Long Term Debt Total37.4B32.9B33.7B31.1B31.5B33.1B
Total Stockholder Equity45.3B50.3B47.1B44.9B46.2B48.5B
Net Debt32.8B22.7B28.6B25.2B23.7B24.8B
Retained Earnings20.2B28.6B32.6B37.9B41.7B43.7B
Other Assets47.9B41.2B44.0B32.2B37.0B23.6B
Common Stock Shares Outstanding379.8M368.4M341.0M338.0M296.9M366.0M
Liabilities And Stockholders Equity155.8B155.5B154.9B143.9B147.9B89.0B
Non Current Liabilities Total41.3B38.5B39.5B10.8B52.9B55.5B
Other Stockholder Equity26.1B22.6B15.4B8.4B6.4B6.8B
Total Liab110.4B105.1B107.7B99.0B101.6B74.9B
Total Current Liabilities21.1B22.2B9.2B10.8B48.7B51.2B
Property Plant And Equipment Net4.4B4.2B4.0B3.8B4.1B4.3B
Non Current Assets Total86.5B85.4B84.8B83.0B110.6B116.1B
Non Currrent Assets Other(1.3B)(1.3B)(1.7B)(1.1B)(10.4B)(10.9B)
Cash And Short Term Investments5.6B11.5B6.0B6.8B8.7B14.4B
Net Receivables15.8B17.4B20.1B22.0B23.7B24.9B
Short Term Investments937M1.3B920M905M925M878.8M
Other Current Assets11.8B2.3B12.3B2.2B37.4B27.7B
Property Plant And Equipment Gross1.6B4.6B4.4B4.2B4.8B5.1B
Total Current Assets21.4B28.9B26.1B28.8B37.4B48.7B
Short Term Debt5.5B3.4B2.5B3.0B2.9B3.0B
Intangible Assets36.6B35.2B34.1B32.5B30.9B32.4B
Accounts Payable15.5B18.8B6.7B7.8B8.6B8.5B
Cash4.6B10.2B5.1B5.9B7.8B8.2B
Good Will44.5B44.6B44.6B45.8B44.3B46.5B
Accumulated Other Comprehensive Income(941M)(861M)(884M)(1.4B)(1.9B)(1.8B)
Other Liab37.9B39.5B33.0B29.3B26.4B29.0B
Long Term Debt31.8B29.5B31.1B28.0B28.2B29.6B
Treasury Stock(2.2B)(6.4B)(14.2B)(21.8B)(19.7B)(18.7B)
Property Plant Equipment5.0B4.2B3.7B4.1B4.8B5.0B
Retained Earnings Total Equity20.2B28.6B32.6B37.9B43.6B45.7B
Inventory2.7B3.2B3.7B4.8B5.6B5.9B
Deferred Long Term Liab9.4B8.9B8.3B7.8B8.9B9.4B
Other Current Liab(21.1B)(22.2B)(9.2B)(10.8B)37.3B39.1B
Net Tangible Assets(35.8B)(29.4B)(32.8B)(33.4B)(30.0B)(28.5B)

Cigna Corp Investors Sentiment

The influence of Cigna Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Cigna. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Cigna Corp's public news can be used to forecast risks associated with an investment in Cigna. The trend in average sentiment can be used to explain how an investor holding Cigna can time the market purely based on public headlines and social activities around Cigna Corp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Cigna Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Cigna Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Cigna Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Cigna Corp.

Cigna Corp Implied Volatility

    
  35.95  
Cigna Corp's implied volatility exposes the market's sentiment of Cigna Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Cigna Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Cigna Corp stock will not fluctuate a lot when Cigna Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Cigna Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Cigna Corp's short interest history, or implied volatility extrapolated from Cigna Corp options trading.

Pair Trading with Cigna Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cigna Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cigna Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Cigna Stock

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The ability to find closely correlated positions to Cigna Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cigna Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cigna Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cigna Corp to buy it.
The correlation of Cigna Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cigna Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cigna Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cigna Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
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 My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

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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
17.39
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.