Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Elevance Health Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 6,526 7,387 4,880 5,741 4,937
Fixed maturity securities 29,614 25,952 26,267 23,433 19,676
Equity securities 229 953 1,881 1,559 1,009
Premium receivables 7,902 7,083 5,681 5,279 5,173
Self-funded receivables 4,558 4,663 4,010 2,849 2,411
Other receivables 5,405 4,298 3,749 2,830 2,807
Other current assets 5,795 5,281 4,654 4,060 3,020
Current assets 60,029 55,617 51,122 45,751 39,033
Fixed maturity securities 876 752 632 562 505
Other invested assets 6,107 5,685 5,225 4,285 4,258
Long-term investments 6,983 6,437 5,857 4,847 4,763
Property and equipment, net 4,359 4,316 3,919 3,483 3,133
Goodwill 25,317 24,383 24,228 21,691 20,500
Other intangible assets 10,273 10,315 10,615 9,405 8,674
Other noncurrent assets 1,967 1,704 1,719 1,438 1,350
Noncurrent assets 48,899 47,155 46,338 40,864 38,420
Total assets 108,928 102,772 97,460 86,615 77,453

Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Elevance Health Inc. current assets increased from 2021 to 2022 and from 2022 to 2023.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Elevance Health Inc. property and equipment, net increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Elevance Health Inc. noncurrent assets increased from 2021 to 2022 and from 2022 to 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Elevance Health Inc. total assets increased from 2021 to 2022 and from 2022 to 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Elevance Health Inc. cash and cash equivalents increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.