Centene Non Currrent Assets Other from 2010 to 2024

CNC Stock  USD 60.37  0.02  0.03%   
Centene Corp's Non Currrent Assets Other are increasing over the years with slightly volatile fluctuation. Overall, Non Currrent Assets Other are expected to go to about 1.6 B this year. Non Currrent Assets Other is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. View All Fundamentals
 
Non Currrent Assets Other  
First Reported
2002-03-31
Previous Quarter
2.7 B
Current Value
2.1 B
Quarterly Volatility
1.3 B
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Centene Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Centene Corp's main balance sheet or income statement drivers, such as Interest Expense of 761.2 M, Selling General Administrative of 12.9 B or Total Revenue of 161.7 B, as well as many indicators such as Price To Sales Ratio of 0.42, Dividend Yield of 0.0048 or PTB Ratio of 1.62. Centene financial statements analysis is a perfect complement when working with Centene Corp Valuation or Volatility modules.
  
Check out the analysis of Centene Corp Correlation against competitors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.

Latest Centene Corp's Non Currrent Assets Other Growth Pattern

Below is the plot of the Non Currrent Assets Other of Centene Corp over the last few years. It is assets that are not physical or tangible, expected to provide value for more than one year, and not easily converted into cash, such as long-term investments or patents. Centene Corp's Non Currrent Assets Other historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Centene Corp's overall financial position and show how it may be relating to other accounts over time.
Non Currrent Assets Other10 Years Trend
Slightly volatile
   Non Currrent Assets Other   
       Timeline  

Centene Non Currrent Assets Other Regression Statistics

Arithmetic Mean1,002,854,200
Geometric Mean496,470,957
Coefficient Of Variation101.59
Mean Deviation843,902,747
Median589,000,000
Standard Deviation1,018,772,570
Sample Variance1037897.5T
Range3.4B
R-Value0.81
Mean Square Error387568.7T
R-Squared0.65
Significance0.0003
Slope184,121,200
Total Sum of Squares14530565.7T

Centene Non Currrent Assets Other History

20241.6 B
20231.5 B
20222.2 B
20213.5 B
20201.5 B
20191.9 B
20181.1 B

About Centene Corp Financial Statements

Centene Corp stakeholders use historical fundamental indicators, such as Centene Corp's Non Currrent Assets Other, to determine how well the company is positioned to perform in the future. Although Centene Corp investors may analyze each financial statement separately, they are all interrelated. For example, changes in Centene Corp's assets and liabilities are reflected in the revenues and expenses on Centene Corp's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Centene Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Non Currrent Assets Other1.5 B1.6 B

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Centene Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Centene Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Centene Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Centene Corp Stock:
Check out the analysis of Centene Corp Correlation against competitors.
For information on how to trade Centene Stock refer to our How to Trade Centene Stock guide.
You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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 Centene Corp. If investors know Centene 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 Centene 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
0.565
Earnings Share
5.79
Revenue Per Share
275.741
Quarterly Revenue Growth
0.061
Return On Assets
0.0351
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene 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 Centene Corp's market value can be influenced by many factors that don't directly affect Centene 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 Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Centene Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene 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.