Centene Historical Balance Sheet

CNC Stock  USD 58.90  0.72  1.21%   
Trend analysis of Centene Corp balance sheet accounts such as Short Long Term Debt Total of 20.4 B, Total Stockholder Equity of 27.7 B or Net Debt of 5.6 B provides information on Centene Corp's total assets, liabilities, and equity, which is the actual value of Centene Corp to its prevalent stockholders. By breaking down trends over time using Centene 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.
 
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Covid
Financial Statement Analysis is much more than just reviewing and examining Centene Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Centene Corp is a good buy for the upcoming year.

Centene Corp Inventory

(30.08 Billion)

  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.

About Centene Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Centene Corp at a specified time, usually calculated after every quarter, six months, or one year. Centene Corp Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Centene 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 Centene currently owns. An asset can also be divided into two categories, current and non-current.

Centene Corp Balance Sheet Chart

At present, Centene Corp's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 27.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 304.7 M.

Total Assets

Total assets refers to the total amount of Centene 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 Centene 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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Non Currrent Assets Other

Assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents.
Most accounts from Centene Corp's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Centene Corp current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.At present, Centene Corp's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 27.7 B, whereas Common Stock Shares Outstanding is forecasted to decline to about 304.7 M.
 2022 2023 2024 2025 (projected)
Short and Long Term Debt Total18.0B18.9B19.4B20.4B
Total Assets76.9B84.6B82.4B86.6B

Centene Corp balance sheet Correlations

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Centene Corp Account Relationship Matchups

Centene Corp balance sheet Accounts

202020212022202320242025 (projected)
Total Assets68.7B78.4B76.9B84.6B82.4B86.6B
Short Long Term Debt Total16.8B18.8B18.0B18.9B19.4B20.4B
Total Stockholder Equity25.8B26.8B24.1B25.8B26.4B27.7B
Net Debt6.0B5.7B5.9B1.7B5.4B5.6B
Non Current Assets Total45.3B49.9B46.7B43.9B44.4B46.7B
Non Currrent Assets Other1.5B3.5B2.2B1.5B2.0B2.1B
Other Assets1.2B2.7B4.8B1.2B1.4B1.5B
Liabilities And Stockholders Equity68.7B78.4B76.9B84.6B82.4B86.6B
Non Current Liabilities Total21.2B25.6B24.2B23.2B21.7B22.8B
Other Stockholder Equity18.6B18.6B15.8B14.4B11.6B12.1B
Total Liab42.8B51.4B52.6B58.7B55.9B58.7B
Common Stock Shares Outstanding579.1M590.5M582.0M545.7M523.7M304.7M
Other Current Liab12.4B5.8B7.2B19.3B20.3B21.3B
Total Current Liabilities21.6B25.8B28.5B36.7B34.3B36.0B
Other Liab1.1B4.5B7.0B3.1B3.6B3.7B
Property Plant And Equipment Net2.8B3.4B2.4B2.4B2.1B2.2B
Retained Earnings6.8B8.1B9.3B12.0B15.3B16.1B
Accounts Payable8.5B8.3B9.3B16.3B13.0B13.7B
Cash10.8B13.1B12.1B17.2B14.1B14.8B
Long Term Debt16.7B18.6B17.9B17.7B18.4B19.3B
Cash And Short Term Investments12.4B14.7B14.4B19.7B16.7B17.5B
Net Receivables9.7B12.2B13.3B15.5B19.7B20.7B
Good Will18.7B19.8B18.8B17.6B20.2B21.2B
Short Term Investments1.6B1.5B2.3B2.5B2.6B2.8B
Other Current Assets11.0B13.8B15.7B5.6B1.6B2.3B
Property Plant And Equipment Gross4.1B3.4B2.4B4.4B5.2B5.5B
Total Current Assets23.4B28.5B30.1B40.8B38.0B39.9B
Accumulated Other Comprehensive Income337M77M(1.1B)(652M)(504M)(478.8M)
Intangible Assets8.4B7.8B6.9B6.1B5.4B5.7B
Property Plant Equipment2.1B2.8B3.4B2.4B2.8B2.9B
Current Deferred Revenue523M434M478M715M661M694.1M
Short Term Debt97M471M262M287M268M281.4M
Treasury Stock(214M)(816M)(1.1B)(4.2B)(3.8B)(3.6B)
Net Tangible Assets3.7B(1.2B)(800M)(1.6B)(1.4B)(1.4B)
Noncontrolling Interest In Consolidated Entity108M112M145M124M142.6M149.7M
Retained Earnings Total Equity5.0B6.8B8.1B9.3B10.7B11.3B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Centene Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centene 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 Centene Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centene Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Centene Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Health Care Providers & Services space 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 Centene Corp. If investors know Centene 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 Centene 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
6.337
Earnings Share
6.31
Revenue Per Share
282.046
Quarterly Revenue Growth
0.023
Return On Assets
0.037
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene 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 Centene Corp's market value can be influenced by many factors that don't directly affect Centene 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 Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centene Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene 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.