Centene Corp Financials
CNC Stock | USD 60.37 0.02 0.03% |
Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
---|---|---|---|---|---|---|---|---|---|
Return On Equity | 0.0751 | 0.1046 |
|
| |||||
Current Ratio | 0.86 | 1.11 |
|
|
Investors should never underestimate Centene Corp's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Centene Corp's cash flow, debt, and profitability to make informed and accurate decisions about investing in Centene Corp.
Cash And Equivalents |
|
Centene | Select Account or Indicator |
Understanding current and past Centene Corp Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Centene Corp's financial statements are interrelated, with each one affecting the others. For example, an increase in Centene Corp's assets may result in an increase in income on the income statement.
Please note, the presentation of Centene 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, Centene Corp's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Centene Corp's management manipulating its earnings.
Centene Corp Stock Summary
Centene Corp competes with Humana, and Elevance Health. Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72500 people.Specialization | Health Care, Health Care Equipment & Services |
Instrument | USA Stock View All |
Exchange | New York Stock Exchange |
ISIN | US15135B1017 |
CUSIP | 15135B101 |
Location | Missouri; U.S.A |
Business Address | Centene Plaza, Saint |
Sector | Health Care Providers & Services |
Industry | Health Care |
Benchmark | Dow Jones Industrial |
Website | www.centene.com |
Phone | 314 725 4477 |
Currency | USD - US Dollar |
Centene Corp Key Financial Ratios
Return On Equity | 0.12 | ||||
Profit Margin | 0.02 % | ||||
Operating Margin | 0.03 % | ||||
Price To Sales | 0.21 X | ||||
Revenue | 154 B |
Centene Corp Key Balance Sheet Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 41.0B | 68.7B | 78.4B | 76.9B | 84.6B | 88.9B | |
Net Debt | 1.6B | 6.0B | 5.7B | 5.9B | 636M | 831.5M | |
Other Assets | 1.2B | 2.7B | 4.8B | 1.2B | 1.4B | 1.5B | |
Total Liab | 28.3B | 42.8B | 51.4B | 52.6B | 58.7B | 61.6B | |
Other Current Liab | 8.3B | 12.4B | 5.8B | 7.2B | 1.6B | 2.8B | |
Other Liab | 1.1B | 4.5B | 7.0B | 3.1B | 3.6B | 3.7B | |
Retained Earnings | 5.0B | 6.8B | 8.1B | 9.3B | 12.0B | 12.6B | |
Accounts Payable | 4.2B | 8.5B | 8.3B | 9.3B | 16.3B | 17.1B | |
Cash | 12.1B | 10.8B | 13.1B | 12.1B | 17.2B | 18.1B | |
Long Term Debt | 13.6B | 16.7B | 18.6B | 17.9B | 17.7B | 18.6B | |
Net Receivables | 6.2B | 9.7B | 12.2B | 13.3B | 15.5B | 16.3B | |
Good Will | 6.9B | 18.7B | 19.8B | 18.8B | 17.6B | 18.4B | |
Other Current Assets | 1.1B | 11.0B | 13.8B | 15.7B | 21.1B | 22.2B | |
Total Current Assets | 20.3B | 23.4B | 28.5B | 30.1B | 40.8B | 42.8B | |
Intangible Assets | 2.1B | 8.4B | 7.8B | 6.9B | 6.1B | 6.4B | |
Common Stock | 4.3B | 7.4B | 0.0 | 1M | 1.2M | 1.1M | |
Short Term Debt | 88M | 97M | 471M | 262M | 287M | 301.4M | |
Treasury Stock | (214M) | (816M) | (1.1B) | (4.2B) | (3.8B) | (3.6B) | |
Net Tangible Assets | 3.7B | (1.2B) | (800M) | (1.6B) | (1.4B) | (1.4B) |
Centene Corp Key Income Statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 343M | 412M | 728M | 665M | 725M | 761.3M | |
Total Revenue | 74.6B | 111.1B | 126.0B | 144.5B | 154.0B | 161.7B | |
Gross Profit | 8.8B | 15.2B | 14.2B | 16.7B | 31.5B | 33.1B | |
Operating Income | 1.8B | 3.1B | 3.3B | 3.6B | 2.9B | 3.1B | |
Ebit | 1.8B | 3.5B | 2.5B | 2.6B | 2.9B | 3.1B | |
Ebitda | 2.7B | 4.8B | 4.0B | 4.1B | 2.9B | 3.1B | |
Income Before Tax | 1.8B | 2.8B | 1.8B | 2.0B | 3.6B | 3.8B | |
Net Income | 1.3B | 1.8B | 1.3B | 1.2B | 2.7B | 2.8B | |
Income Tax Expense | 473M | 979M | 477M | 760M | 899M | 944.0M | |
Cost Of Revenue | 65.8B | 95.9B | 111.8B | 127.9B | 122.5B | 128.6B | |
Minority Interest | (12M) | (14M) | 11M | 3M | 3.5M | 3.6M | |
Tax Provision | 473M | 979M | 477M | 760M | 1.2B | 684.6M | |
Interest Income | 343M | 412M | 728M | 665M | 764.8M | 457.6M | |
Net Interest Income | (343M) | (412M) | (728M) | (665M) | (716M) | (751.8M) |
Centene Corp Key Cash Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 6.8B | (1.2B) | 2.3B | (884M) | 5.1B | 5.4B | |
Free Cash Flow | 753M | 4.6B | 3.3B | 5.3B | 7.3B | 7.6B | |
Depreciation | 643M | 1.3B | 1.5B | 1.6B | 1.3B | 1.4B | |
Other Non Cash Items | 301M | 25M | (54M) | 1.7B | 546M | 573.3M | |
Capital Expenditures | 730M | 869M | 910M | 1.0B | 799M | 839.0M | |
Net Income | 1.3B | 1.8B | 1.3B | 1.2B | 2.7B | 2.8B | |
End Period Cash Flow | 12.1B | 11.0B | 13.2B | 12.3B | 17.5B | 18.3B | |
Change To Inventory | 421M | (585M) | (1.1B) | 2.1B | 2.4B | 2.6B | |
Investments | (766M) | (2.5B) | (3.3B) | (2.9B) | (21M) | (22.1M) | |
Change Receivables | (1.1B) | (52M) | (2.5B) | (1.6B) | (1.5B) | (1.4B) | |
Net Borrowings | 6.9B | 839M | 1.8B | (1.1B) | (1.3B) | (1.2B) | |
Dividends Paid | 66M | 6.1B | 35M | 88M | 101.2M | 96.1M | |
Change To Netincome | 508M | 280M | 6M | 1.3B | 1.5B | 1.6B |
Centene Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Centene Corp's current stock value. Our valuation model uses many indicators to compare Centene Corp value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Centene Corp competition to find correlations between indicators driving Centene Corp's intrinsic value. More Info.Centene Corp is rated second in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Centene Corp is roughly 3.29 . At present, Centene Corp's Return On Equity is projected to slightly decrease based on the last few years of reporting. 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 Centene Corp's earnings, one of the primary drivers of an investment's value.Centene Corp Systematic Risk
Centene Corp's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Centene 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.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Centene Corp correlated with the market. If Beta is less than 0 Centene Corp generally moves in the opposite direction as compared to the market. If Centene Corp Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Centene Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Centene Corp is generally in the same direction as the market. If Beta > 1 Centene Corp moves generally in the same direction as, but more than the movement of the benchmark.
Centene Corp Thematic Clasifications
Centene Corp is part of several thematic ideas from Obamacare 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 Centene Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Centene 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 Centene Corp growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
|
Centene Corp November 23, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Centene Corp help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Centene Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Centene Corp based on widely used predictive technical indicators. In general, we focus on analyzing Centene Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Centene Corp's daily price indicators and compare them against related drivers.
Information Ratio | (0.21) | |||
Maximum Drawdown | 12.57 | |||
Value At Risk | (4.00) | |||
Potential Upside | 2.38 |
Complementary Tools for Centene Stock analysis
When running Centene Corp's price analysis, check to measure Centene 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 Centene Corp is operating at the current time. Most of Centene Corp's value examination focuses on studying past and present price action to predict the probability of Centene 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 Centene Corp's price. Additionally, you may evaluate how the addition of Centene Corp to your portfolios can decrease your overall portfolio volatility.
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum |