Cigna Historical Financial Ratios
| CI Stock | USD 348.78 2.70 0.78% |
Cigna Corp is presently reporting on over 111 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Dividend Yield of 0.0287 or PTB Ratio of 1.42 will help investors to properly organize and evaluate Cigna Corp financial condition quickly.
Cigna |
About Cigna Financial Ratios Analysis
Cigna CorpFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Cigna Corp investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Cigna financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Cigna Corp history.
Cigna Corp Financial Ratios Chart
Cigna Corp financial ratios usually calculated using numerical values taken directly from Cigna Corp financial statements such as income statements or balance sheets. They help investors to obtain meaningful information about Cigna Corp. Most financial ratios help to conduct quantitative analysis to assess vital information about the company's valuation as well as profitability and liquidity indicators such as leverage, growth, profit margins, and different types of rates of return.
As of now, Cigna Corp's Free Cash Flow Yield is decreasing as compared to previous years. The Cigna Corp's current Invested Capital is estimated to increase to 0.70, while PTB Ratio is projected to decrease to 1.42. Add Fundamental
Price To Sales Ratio
Price to Sales Ratio is figured by comparing Cigna Corp stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Cigna Corp sales, a figure that is much harder to manipulate than other Cigna Corp multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company’s stock price to its revenues, calculated by dividing the company’s market cap by its total sales or revenue over a 12-month period.Dividend Yield
Dividend Yield is Cigna Corp dividend as a percentage of Cigna Corp stock price. Cigna Corp dividend yield is a measure of Cigna Corp stock productivity, which can be interpreted as interest rate earned on an Cigna Corp investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Ptb Ratio
Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.Most ratios from Cigna Corp's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios 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 fundamentals ratios, 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 Free Cash Flow Yield is decreasing as compared to previous years. The Cigna Corp's current Invested Capital is estimated to increase to 0.70, while PTB Ratio is projected to decrease to 1.42.
| 2021 | 2022 | 2024 (projected) | Dividend Yield | 0.0173 | 0.0135 | 0.0287 | Price To Sales Ratio | 0.45 | 0.57 | 0.48 |
Cigna Corp fundamentals Correlations
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Cigna Corp Account Relationship Matchups
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Cigna Corp fundamentals Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Price To Sales Ratio | 0.96 | 0.5 | 0.47 | 0.45 | 0.57 | 0.48 | |
| Dividend Yield | 0.008859 | 0.0648 | 0.0173 | 0.0135 | 0.0165 | 0.0287 | |
| Ptb Ratio | 1.7 | 1.51 | 1.65 | 2.29 | 1.9 | 1.42 | |
| Days Sales Outstanding | 37.55 | 39.53 | 42.09 | 44.37 | 44.28 | 42.07 | |
| Book Value Per Share | 120.61 | 137.87 | 139.4 | 144.96 | 157.28 | 165.14 | |
| Free Cash Flow Yield | 0.073 | 0.0692 | 0.11 | 0.12 | 0.0778 | 0.0718 | |
| Invested Capital | 0.83 | 0.65 | 0.71 | 0.69 | 0.67 | 0.7 | |
| Operating Cash Flow Per Share | 25.23 | 28.36 | 21.28 | 27.96 | 40.2 | 42.2 | |
| Stock Based Compensation To Revenue | (0.001151) | (0.0271) | (0.001125) | 0.001461 | 0.0486 | 0.051 | |
| Pb Ratio | 1.7 | 1.51 | 1.65 | 2.29 | 1.9 | 1.42 | |
| Free Cash Flow Per Share | 22.44 | 25.36 | 17.86 | 23.78 | 34.84 | 36.58 | |
| Roic | (0.91) | 0.0818 | 0.0825 | 0.1 | 0.0652 | 0.0866 | |
| Inventory Turnover | 11.58 | 10.33 | 9.02 | 6.74 | 6.43 | 9.88 | |
| Net Income Per Share | 13.58 | 23.17 | 15.89 | 21.66 | 17.57 | 18.45 | |
| Days Of Inventory On Hand | 31.52 | 35.32 | 40.48 | 54.14 | 56.78 | 34.09 | |
| Payables Turnover | 1.98 | 1.74 | 5.04 | 4.14 | 4.24 | 2.53 | |
| Capex To Revenue | (0.00683) | (0.006813) | (0.006622) | (0.007169) | (0.008059) | (0.008462) | |
| Cash Per Share | 14.78 | 31.54 | 17.76 | 22.06 | 29.76 | 39.9 | |
| Pocfratio | 8.1 | 7.34 | 10.79 | 11.85 | 7.45 | 8.43 | |
| Interest Coverage | (57.4) | 6.06 | 6.91 | 7.74 | 3.57 | 2.46 | |
| Payout Ratio | 0.13 | 0.58 | 0.25 | 0.21 | 0.28 | 0.42 | |
| Pfcf Ratio | 9.11 | 8.21 | 12.86 | 13.93 | 8.59 | 11.22 | |
| Days Payables Outstanding | 184.09 | 210.06 | 72.38 | 88.12 | 86.03 | 154.09 | |
| Income Quality | 1.85 | 1.22 | 1.33 | 1.28 | 2.29 | 1.84 | |
| Ev To Operating Cash Flow | 11.56 | 9.54 | 14.77 | 14.76 | 9.45 | 9.34 | |
| Pe Ratio | 15.06 | 8.98 | 14.45 | 15.3 | 17.04 | 9.53 | |
| Return On Tangible Assets | 0.0684 | 0.11 | 0.0716 | 0.1 | 0.0709 | 0.0745 | |
| Ev To Free Cash Flow | 13.0 | 10.67 | 17.59 | 17.35 | 10.9 | 12.52 | |
| Net Debt To E B I T D A | (0.35) | 1.97 | 2.54 | 2.02 | 4.58 | 4.81 | |
| Current Ratio | 1.01 | 1.3 | 2.84 | 2.67 | 0.77 | 0.73 | |
| Tangible Book Value Per Share | (95.19) | (80.66) | (96.84) | (107.74) | (97.9) | (93.0) | |
| Receivables Turnover | 9.72 | 9.23 | 8.67 | 8.23 | 8.24 | 8.66 | |
| Graham Number | 191.95 | 268.12 | 223.24 | 265.78 | 249.36 | 261.83 |
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 | 23.02 |
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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Moving against 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.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 Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for Cigna Stock analysis
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.