Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

UnitedHealth Group Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Cash and cash equivalents 25,427 23,365 21,375 16,921 10,985
Short-term investments 4,201 4,546 2,532 2,860 3,260
Accounts receivable, net of allowances 21,276 17,681 14,216 12,870 11,822
Other current receivables, net of allowances 17,694 12,769 13,866 12,534 9,640
Assets under management 3,755 4,087 4,449 4,076 3,076
Prepaid expenses and other current assets 6,084 6,621 5,320 4,457 3,851
Current assets 78,437 69,069 61,758 53,718 42,634
Long-term investments 47,609 43,728 43,114 41,242 37,209
Property, equipment and capitalized software, net of accumulated depreciation and amortization 11,450 10,128 8,969 8,626 8,704
Goodwill 103,732 93,352 75,795 71,337 65,659
Other intangible assets, net of accumulated amortization 15,194 14,401 10,044 10,856 10,349
Other assets 17,298 15,027 12,526 11,510 9,334
Noncurrent assets 195,283 176,636 150,448 143,571 131,255
Total assets 273,720 245,705 212,206 197,289 173,889

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. UnitedHealth Group Inc. current assets increased from 2021 to 2022 and from 2022 to 2023.
Property, equipment and capitalized software, net of accumulated depreciation and amortization Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. UnitedHealth Group Inc. property, equipment and capitalized software, net of accumulated depreciation and amortization increased from 2021 to 2022 and from 2022 to 2023.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. UnitedHealth Group Inc. noncurrent assets increased from 2021 to 2022 and from 2022 to 2023.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. UnitedHealth Group Inc. total assets increased from 2021 to 2022 and from 2022 to 2023.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. UnitedHealth Group Inc. cash and cash equivalents increased from 2021 to 2022 and from 2022 to 2023.
Short-term investments Amount of investment in marketable security, classified as current. UnitedHealth Group Inc. short-term investments increased from 2021 to 2022 but then slightly decreased from 2022 to 2023.
Accounts receivable, net of allowances Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. UnitedHealth Group Inc. accounts receivable, net of allowances increased from 2021 to 2022 and from 2022 to 2023.