Current Enterprise Value (EV)
Current share price (P) | $346.08 |
No. shares of common stock outstanding | 292,355,022 |
US$ in millions | |
Common equity (market value)1 | 101,178) |
Add: Other noncontrolling interests (per books) | 21) |
Total equity | 101,199) |
Add: Short-term debt (per books) | 2,775) |
Add: Long-term debt (per books) | 28,155) |
Total equity and debt | 132,129) |
Less: Cash and cash equivalents | 7,822) |
Less: Investments | 925) |
Enterprise value (EV) | 123,382) |
Based on: 10-K (reporting date: 2023-12-31).
1 Common equity (market value) = Share price × No. shares of common stock outstanding
= 346.08 × 292,355,022
Historical Enterprise Value (EV)
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).
1 Data adjusted for splits and stock dividends.
2 Closing price as at the filing date of Cigna Group Annual Report.
3 2023 Calculation
Common equity (market value) = Share price × No. shares of common stock outstanding
= 336.14 × 292,355,022
Item | Description | The company |
---|---|---|
EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Cigna Group EV increased from 2021 to 2022 and from 2022 to 2023. |