Stock Analysis on Net
Stock Analysis on Net

UnitedHealth Group Inc. (NYSE:UNH)

Balance Sheet: Assets
Quarterly Data

Beginner level

The balance sheet provides creditors, investors, and analysts with information on company’s resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company’s 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 (quarterly data)

US$ in millions

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Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017 Dec 31, 2016 Sep 30, 2016 Jun 30, 2016 Mar 31, 2016
Cash and cash equivalents 19,955  16,921  17,550  22,327  21,569  10,985  12,363  13,745  12,407  10,866  10,263  18,368  18,243  11,981  16,269  14,582  16,142  10,430  12,796  8,217  10,596 
Short-term investments 2,962  2,860  3,259  3,266  2,876  3,260  3,455  3,524  3,303  3,458  3,586  3,492  3,798  3,509  3,525  3,388  3,210  2,845  2,871  2,757  2,418 
Accounts receivable, net 15,980  12,870  12,171  12,546  14,613  11,822  10,964  9,741  12,826  11,388  10,992  10,874  11,512  9,568  8,638  10,538  9,595  8,152  7,347  9,346  7,777 
Other current receivables, net 11,546  12,534  13,231  11,430  10,275  9,640  10,152  8,434  7,631  6,862  7,270  6,772  6,778  6,262  6,826  7,232  6,609  7,499  7,502  7,355  6,865 
Assets under management 4,094  4,076  3,788  3,417  2,866  3,076  3,051  2,943  2,951  3,032  2,936  2,842  2,922  3,101  3,082  2,977  2,886  3,105  2,952  2,855  2,878 
Prepaid expenses and other current assets 4,971  4,457  4,822  5,932  6,608  3,851  3,556  3,651  3,697  3,086  3,707  4,286  5,100  2,663  2,581  2,522  2,547  1,848  2,300  2,768  3,211 
Current assets 59,508  53,718  54,821  58,918  58,807  42,634  43,541  42,038  42,815  38,692  38,754  46,634  48,353  37,084  40,921  41,239  40,989  33,879  35,768  33,298  33,745 
Long-term investments 42,406  41,242  39,184  36,778  36,578  37,209  36,840  35,696  33,553  32,510  31,929  31,237  29,441  28,341  27,703  26,397  25,760  23,868  23,324  22,211  20,895 
Property, equipment and capitalized software, net 8,496  8,626  8,151  8,126  8,173  8,704  8,501  8,681  8,230  8,458  8,042  7,906  8,144  7,013  6,562  6,324  6,329  5,901  5,524  5,189  4,976 
Goodwill 72,162  71,337  68,088  67,872  65,302  65,659  65,205  62,000  59,379  58,910  58,703  56,271  56,850  54,556  53,402  52,498  52,376  47,584  47,183  46,881  46,294 
Other intangible assets, net 10,842  10,856  10,373  10,552  10,199  10,349  10,521  9,999  9,245  9,325  9,498  8,680  9,033  8,489  8,457  8,338  8,618  8,541  8,719  8,878  8,861 
Other assets 11,757  11,510  10,352  10,237  10,008  9,334  9,101  8,786  7,975  4,326  4,161  3,883  3,748  3,575  3,387  3,301  3,085  3,037  3,124  3,146  3,084 
Noncurrent assets 145,663  143,571  136,148  133,565  130,260  131,255  130,168  125,162  118,382  113,529  112,333  107,977  107,216  101,974  99,511  96,858  96,168  88,931  87,874  86,305  84,110 
Total assets 205,171  197,289  190,969  192,483  189,067  173,889  173,709  167,200  161,197  152,221  151,087  154,611  155,569  139,058  140,432  138,097  137,157  122,810  123,642  119,603  117,855 

Based on: 10-Q (filing date: 2021-05-05), 10-K (filing date: 2021-03-01), 10-Q (filing date: 2020-11-02), 10-Q (filing date: 2020-08-03), 10-Q (filing date: 2020-05-06), 10-K (filing date: 2020-02-14), 10-Q (filing date: 2019-11-06), 10-Q (filing date: 2019-08-07), 10-Q (filing date: 2019-05-07), 10-K (filing date: 2019-02-12), 10-Q (filing date: 2018-11-08), 10-Q (filing date: 2018-08-07), 10-Q (filing date: 2018-05-07), 10-K (filing date: 2018-02-13), 10-Q (filing date: 2017-11-07), 10-Q (filing date: 2017-08-04), 10-Q (filing date: 2017-05-08), 10-K (filing date: 2017-02-08), 10-Q (filing date: 2016-11-08), 10-Q (filing date: 2016-08-02), 10-Q (filing date: 2016-05-04).


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.’s current assets decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 exceeding Q3 2020 level.
Property, equipment and capitalized software, net 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.’s property, equipment and capitalized software, net increased from Q3 2020 to Q4 2020 but then slightly decreased from Q4 2020 to Q1 2021.
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.’s noncurrent assets increased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.
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.’s total assets increased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.

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.’s cash and cash equivalents decreased from Q3 2020 to Q4 2020 but then increased from Q4 2020 to Q1 2021 exceeding Q3 2020 level.
Short-term investments Amount of investment in marketable security, classified as current. UnitedHealth Group Inc.’s short-term investments decreased from Q3 2020 to Q4 2020 but then slightly increased from Q4 2020 to Q1 2021.
Accounts receivable, net 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.’s accounts receivable, net increased from Q3 2020 to Q4 2020 and from Q4 2020 to Q1 2021.