Stock Analysis on Net
Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

UnitedHealth Group Inc., 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
Medical costs payable 11.84 11.83 11.54 11.09 12.47
Accounts payable and accrued liabilities 11.68 11.28 11.61 11.40 10.93
Short-term borrowings and current maturities of long-term debt 1.56 1.27 1.71 2.44 2.23
Unearned revenues 1.23 1.25 1.21 1.44 1.51
Other current liabilities 9.89 10.70 10.83 10.34 8.39
Current liabilities 36.19% 36.32% 36.89% 36.71% 35.53%
Long-term debt, less current maturities 21.29 22.19 19.97 19.59 21.17
Deferred income taxes 1.10 1.13 1.54 1.71 1.72
Other liabilities 5.28 5.23 5.55 6.24 5.83
Noncurrent liabilities 27.67% 28.54% 27.07% 27.54% 28.72%
Total liabilities 63.86% 64.86% 63.96% 64.25% 64.25%
Redeemable noncontrolling interests 1.64 1.99 0.68 1.12 0.99
Preferred stock, $0.001 par value; no shares issued or outstanding 0.00 0.00 0.00 0.00 0.00
Common stock, $0.01 par value 0.00 0.00 0.00 0.01 0.01
Additional paid-in capital 0.00 0.00 0.00 0.00 0.00
Retained earnings 34.99 35.06 36.35 35.12 35.18
Accumulated other comprehensive loss -2.57 -3.42 -2.54 -1.93 -2.06
Shareholders’ equity attributable to UnitedHealth Group 32.43% 31.65% 33.82% 33.20% 33.13%
Nonredeemable noncontrolling interests 2.07 1.50 1.55 1.44 1.62
Total equity 34.50% 33.15% 35.36% 34.63% 34.76%
Total liabilities, redeemable noncontrolling interests 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. UnitedHealth Group Inc. current liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity decreased from 2021 to 2022 and from 2022 to 2023.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. UnitedHealth Group Inc. noncurrent liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity increased from 2021 to 2022 but then slightly decreased from 2022 to 2023 not reaching 2021 level.
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. UnitedHealth Group Inc. total liabilities as a percentage of total liabilities, redeemable noncontrolling interests and equity increased from 2021 to 2022 but then decreased significantly from 2022 to 2023.
Shareholders’ equity attributable to UnitedHealth Group 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. UnitedHealth Group Inc. shareholders’ equity attributable to UnitedHealth Group as a percentage of total liabilities, redeemable noncontrolling interests and equity decreased from 2021 to 2022 but then slightly increased from 2022 to 2023.