Elevance Health Company Insiders

Elevance Health's latest congressional trading

Elevance Health Management Team Effectiveness

The company has Return on Asset of 0.0584 % which means that on every $100 spent on assets, it made $0.0584 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.155 %, implying that it generated $0.155 on every 100 dollars invested. Elevance Health's management efficiency ratios could be used to measure how well Elevance Health manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is likely to climb to 2.10 in 2024, whereas Return On Tangible Assets are likely to drop 0.06 in 2024. At this time, Elevance Health's Other Assets are fairly stable compared to the past year. Other Current Assets is likely to climb to about 45.7 B in 2024, whereas Intangible Assets are likely to drop slightly above 8.3 B in 2024. Common Stock Shares Outstanding is likely to climb to about 262 M in 2024. Net Income Applicable To Common Shares is likely to climb to about 7.3 B in 2024

Elevance Health Workforce Comparison

Elevance Health Profit Margins

The company has Net Profit Margin of 0.04 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.04 %, which entails that for every 100 dollars of revenue, it generated $0.04 of operating income.

Elevance Health Insider Trading History

Elevance Health Notable Stakeholders

The success or failure of an entity such as Elevance Health often depends on how effective the management is. Elevance Health management team is responsible for propelling the future growth in the right direction and administering and controlling the business activities and accounting for the results. Ineffective management usually contributes to failure in the company's future performance for all stakeholders equally, but most importantly, for investors. So it is important to measure the effectiveness of Elevance management before purchasing its stock. In many ways, it's all about finding the answer to one important question - Are they doing the right thing right now? How would we assess whether the Elevance management is utilizing all available resources in the best possible way? Also, how well is the company doing relative to others in its sector and the market as a whole? The answer can be found by analyzing a few important fundamental indicators such as return on assets and return on equity.

Please note, the imprecision that can be found in Elevance Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Elevance Health. Check Elevance Health's Beneish M Score to see the likelihood of Elevance Health's management manipulating its earnings.

When running Elevance Health's price analysis, check to measure Elevance Health'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 Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.