Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

$24.99

Common-Size Balance Sheet: Assets

Paying user area

The data is hidden behind: . Unhide it.

This is a one-time payment. There is no automatic renewal.


We accept:

Visa Mastercard American Express Maestro Discover JCB PayPal Google Pay
Visa Secure Mastercard Identity Check American Express SafeKey

Elevance Health Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents
Fixed maturity securities
Equity securities
Premium receivables
Self-funded receivables
Other receivables
Other current assets
Assets held for sale
Current assets
Fixed maturity securities
Other invested assets
Long-term investments
Property and equipment, net
Goodwill
Other intangible assets
Other noncurrent assets
Noncurrent assets
Total assets

Based on: 10-K (reporting date: 2024-12-31), 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).


Cash and cash equivalents
The proportion of cash and cash equivalents relative to total assets exhibited variability, decreasing from 6.63% in 2020 to 5.01% in 2021, then rising to 7.19% in 2022. It slightly declined again in 2023 to 5.99%, followed by a moderate increase to 7.09% in 2024, indicating fluctuating liquidity levels within a narrow range.
Fixed maturity securities
This category showed a declining trend from 27.05% in 2020 to 25.25% in 2022, before rebounding to 27.19% in 2023 and significantly decreasing to 21.56% in 2024. This reduction in 2024 suggests a strategic shift or reallocation of this asset class within the portfolio.
Equity securities
The share of equity securities was relatively low throughout the period, peaking at 1.93% in 2021, then sharply declining to 0.21% in 2023, with a slight recovery to 1.02% in 2024, indicating limited exposure or reduced investment in equities.
Premium receivables
This item demonstrated a general increasing trend, rising from 6.09% in 2020 to a high of 7.25% in 2023, before a small dip to 6.85% in 2024, which may reflect changes in premium inflow or collection patterns.
Self-funded receivables
The proportion of self-funded receivables increased moderately from 3.29% in 2020 to 4.54% in 2022, followed by a mild decline and stabilization around 4.2% to 4.32% in subsequent years, indicating relatively stable self-funding activities.
Other receivables
Other receivables consistently rose over the period, moving from 3.27% in 2020 to 5.15% in 2024, suggesting growing miscellaneous receivables or improved recognition of such assets.
Other current assets
This category showed an overall slight increase from 4.69% in 2020 to a peak of 5.32% in 2023, followed by a noticeable decline to 4.02% in 2024, which may imply changes in short-term asset composition.
Assets held for sale
This item appeared only in 2024 at 0.42%, indicating a recent decision to classify certain assets for disposal or divestiture.
Current assets
The total current assets as a proportion of total assets remained relatively stable but showed some fluctuation. It decreased slightly from 52.82% in 2020 to 52.45% in 2021, increased to 55.11% in 2023, and then declined noticeably to 50.43% in 2024, reflecting shifts in short-term asset management or rebalancing.
Fixed maturity securities (noncurrent)
The long-term fixed maturity securities proportion increased gradually from 0.65% in 2020 to 0.89% in 2024, indicating a slow but steady increase in longer-term debt investments.
Other invested assets
This asset category grew steadily from 4.95% in 2020 to 8.34% in 2024, reflecting increased diversification or greater allocation to alternative or less liquid investments over time.
Long-term investments
Long-term investments experienced growth from 5.6% in 2020 to 9.23% in 2024. This continuous increase suggests an expanding focus on longer-term strategic assets or growth investments.
Property and equipment, net
This asset class remained fairly stable throughout the period, fluctuating marginally between 3.98% and 4.2%, indicating consistent investment in fixed assets without significant changes.
Goodwill
Goodwill as a percentage of total assets declined gradually from 25.04% in 2020 to 23.24% in 2023, followed by a modest increase to 24.19% in 2024. This suggests adjustments in acquisition-related intangible assets but overall retained significance within the asset base.
Other intangible assets
Other intangible assets showed a decreasing trend from 10.86% in 2020 to 9.43% in 2023, before rising again to 10.35% in 2024, indicating some fluctuations in the valuation or composition of intangible assets.
Other noncurrent assets
This proportion remained relatively minor and stable, increasing slightly from 1.66% in 2020 to 1.83% in 2024, reflecting low volatility in this asset category.
Noncurrent assets
The overall share of noncurrent assets decreased from 47.18% in 2020 to 44.89% in 2023 but then increased substantially to 49.57% in 2024, signaling a shift back toward long-term assets after a period of relative reduction.
Total assets
The composition of total assets consistently sums to 100% each year, confirming that the analysis reflects the proportional structure of the asset base without external fluctuations in denominator values.