Cigna Debt To Equity from 2010 to 2024

CI Stock  USD 333.01  4.56  1.39%   
Cigna Corp's Debt To Equity is increasing with slightly volatile movements from year to year. Debt To Equity is estimated to finish at 0.70 this year. Debt To Equity is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. View All Fundamentals
 
Debt To Equity  
First Reported
2010-12-31
Previous Quarter
0.66999113
Current Value
0.7
Quarterly Volatility
0.22192598
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cigna Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cigna Corp's main balance sheet or income statement drivers, such as Interest Expense of 1.5 B, Other Operating Expenses of 196 B or Operating Income of 9 B, as well as many indicators such as Price To Sales Ratio of 0.48, Dividend Yield of 0.0202 or PTB Ratio of 1.42. Cigna financial statements analysis is a perfect complement when working with Cigna Corp Valuation or Volatility modules.
  
Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.

Latest Cigna Corp's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Cigna Corp over the last few years. It is a measure of a company's financial leverage calculated by dividing its total liabilities by stockholders' equity, indicating the proportion of equity and debt the company is using to finance its assets. Cigna Corp's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cigna Corp's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.74 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Cigna Debt To Equity Regression Statistics

Arithmetic Mean0.58
Geometric Mean0.52
Coefficient Of Variation38.32
Mean Deviation0.17
Median0.61
Standard Deviation0.22
Sample Variance0.05
Range0.9453
R-Value0.60
Mean Square Error0.03
R-Squared0.36
Significance0.02
Slope0.03
Total Sum of Squares0.69

Cigna Debt To Equity History

2024 0.7
2023 0.67
2022 0.69
2021 0.71
2020 0.65
2019 0.83
2018 1.04

About Cigna Corp Financial Statements

Investors use fundamental indicators, such as Cigna Corp's Debt To Equity, to determine how well the company is positioned to perform in the future. Although Cigna Corp's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Debt To Equity 0.67  0.70 

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Check out the analysis of Cigna Corp Correlation against competitors.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
Is Health Care Providers & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.45)
Dividend Share
5.43
Earnings Share
10.54
Revenue Per Share
808.024
Quarterly Revenue Growth
0.28
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.