Stock Analysis on Net
Stock Analysis on Net

Cigna Group (NYSE:CI)

Common-Size Balance Sheet: Assets

Cigna Group, common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 5.12 4.12 3.28 6.55 2.97
Investments 0.61 0.63 0.59 0.86 0.60
Pharmaceutical manufacturers receivable 5.35 4.94 3.53 3.01 2.21
Noninsurance customer receivables 5.27 4.79 4.05 3.56 3.30
Insurance customer receivables 1.54 2.06 1.89 1.15 1.49
Other receivables 0.18 0.17 0.29 0.12 0.21
Less: Accounts receivable, net classified as Assets of businesses held for sale -0.73 0.00 -0.03 0.00 -0.33
Accounts receivable, net 11.60% 11.96% 9.73% 7.84% 6.88%
Inventories 3.70 3.32 2.40 2.04 1.71
Other current assets 1.42 0.90 0.83 0.60 0.90
Assets of businesses held for sale 2.01 0.00 6.49 0.00 6.11
Current assets 24.45% 20.93% 23.33% 17.88% 19.16%
Long-term investments 11.77 11.32 11.90 14.96 13.83
Reinsurance recoverables 3.17 3.30 3.21 3.35 3.27
Property and equipment 2.42 2.62 2.38 2.71 2.84
Goodwill 28.97 31.83 29.58 28.72 28.63
Other intangible assets 20.20 22.57 22.02 22.63 23.47
Other assets 2.24 2.38 2.20 3.91 3.36
Separate account assets 4.86 5.06 5.38 5.84 5.43
Assets of businesses held for sale, non-current 1.91 0.00 0.00 0.00 0.00
Non-current assets 75.55% 79.07% 76.67% 82.12% 80.84%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00%

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).

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. Cigna Group current assets as a percentage of total assets decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Property and equipment 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. Cigna Group property and equipment as a percentage of total assets increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
Non-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 after one year or beyond the normal operating cycle, if longer. Cigna Group non-current assets as a percentage of total assets increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.