Stock Analysis on Net
Stock Analysis on Net

Cigna Group (NYSE:CI)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Cigna Group, common-size consolidated balance sheet: liabilities and stockholders’ equity

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Current insurance and contractholder liabilities 3.61 3.74 3.43 3.41 3.16
Pharmacy and other service costs payable 12.97 11.86 9.88 8.59 6.71
Accounts payable 5.60 5.40 4.30 3.52 3.27
Accrued expenses and other liabilities 6.52 5.56 4.73 5.48 4.72
Short-term debt 1.82 2.08 1.64 2.17 3.54
Liabilities of businesses held for sale 1.38 0.00 4.15 0.00 4.37
Current liabilities 31.89% 28.64% 28.13% 23.17% 25.77%
Non-current insurance and contractholder liabilities 7.14 7.98 8.11 10.84 10.30
Deferred tax liabilities, net 4.70 5.39 5.39 5.75 6.03
Other non-current liabilities 2.25 2.18 2.43 2.98 2.86
Long-term debt 18.43 19.52 20.10 19.01 20.47
Separate account liabilities 4.86 5.06 5.38 5.84 5.43
Liabilities of businesses held for sale, non-current 0.39 0.00 0.00 0.00 0.00
Non-current liabilities 37.77% 40.12% 41.41% 44.41% 45.10%
Total liabilities 69.66% 68.77% 69.54% 67.59% 70.87%
Redeemable noncontrolling interests 0.07 0.05 0.03 0.04 0.02
Common stock, $0.01 par value per share 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 20.08 21.01 19.09 18.64 18.17
Accumulated other comprehensive loss -1.22 -0.97 -0.57 -0.55 -0.60
Retained earnings 27.27 26.31 21.04 18.38 12.94
Treasury stock, at cost -15.87 -15.18 -9.15 -4.10 -1.41
Shareholders’ equity 30.26% 31.18% 30.42% 32.37% 29.10%
Other noncontrolling interests 0.01 0.01 0.01 0.00 0.00
Total equity 30.27% 31.18% 30.43% 32.38% 29.11%
Total liabilities and equity 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 liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Cigna Group current liabilities as a percentage of total liabilities and equity increased from 2021 to 2022 and from 2022 to 2023.
Non-current liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Cigna Group non-current liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 and from 2022 to 2023.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Cigna Group total liabilities as a percentage of total liabilities and equity decreased from 2021 to 2022 but then increased from 2022 to 2023 exceeding 2021 level.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Cigna Group shareholders’ equity as a percentage of total liabilities and equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.