Stock Analysis on Net

Humana Inc. (NYSE:HUM)

Analysis of Debt

Microsoft Excel

Total Debt (Carrying Amount)

Humana Inc., balance sheet: debt

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Book overdraft 353 298 326 320 225
Short-term debt 1,443 2,092 1,953 600 699
Long-term debt 10,213 9,034 10,541 6,060 4,967
Total debt (carrying amount) 12,009 11,424 12,820 6,980 5,891

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).

Debt item Description The company
Total debt (carrying amount) Sum of the carrying values as of the balance sheet date of all debt plus capital lease obligations. Humana Inc. total debt decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.

Total Debt (Fair Value)

Microsoft Excel
Dec 31, 2023
Selected Financial Data (US$ in millions)
Book overdraft 353
Commercial paper 871
Senior notes 10,600
Term loans
Total debt (fair value) 11,824
Financial Ratio
Debt, fair value to carrying amount ratio 0.98

Based on: 10-K (reporting date: 2023-12-31).


Weighted-average Interest Rate on Debt

Weighted-average interest rate on debt: 4.63%

Interest rate Debt amount1 Interest rate × Debt amount Weighted-average interest rate2
5.68% 871 49
3.85% 572 22
4.50% 598 27
5.70% 498 28
1.35% 688 9
3.95% 537 21
5.75% 495 28
5.75% 495 28
3.70% 590 22
3.13% 433 14
4.88% 496 24
2.15% 743 16
5.88% 750 44
5.95% 840 50
8.15% 261 21
4.63% 396 18
4.95% 740 37
4.80% 396 19
3.95% 529 21
5.50% 728 40
Total 11,656 540
4.63%

Based on: 10-K (reporting date: 2023-12-31).

1 US$ in millions

2 Weighted-average interest rate = 100 × 540 ÷ 11,656 = 4.63%