Centene Other Non Cash Items from 2010 to 2024

CNC Stock  USD 59.93  0.07  0.12%   
Centene Corp's Other Non Cash Items is increasing over the years with slightly volatile fluctuation. Overall, Other Non Cash Items is expected to go to about 573.3 M this year. During the period from 2010 to 2024 Centene Corp Other Non Cash Items annual values regression line had geometric mean of  52,004,262 and mean square error of 204671.1 T. View All Fundamentals
 
Other Non Cash Items  
First Reported
2002-03-31
Previous Quarter
596 M
Current Value
M
Quarterly Volatility
317.9 M
 
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 Other Non Cash Items Growth Pattern

Below is the plot of the Other Non Cash Items of Centene Corp over the last few years. It is Centene Corp's Other Non Cash Items 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.
Other Non Cash Items10 Years Trend
Slightly volatile
   Other Non Cash Items   
       Timeline  

Centene Other Non Cash Items Regression Statistics

Arithmetic Mean322,581,200
Geometric Mean52,004,262
Coefficient Of Variation153.85
Mean Deviation373,519,200
Median25,000,000
Standard Deviation496,283,915
Sample Variance246297.7T
Range1.8B
R-Value0.48
Mean Square Error204671.1T
R-Squared0.23
Significance0.07
Slope53,031,118
Total Sum of Squares3448168.1T

Centene Other Non Cash Items History

2024573.3 M
2023546 M
20221.7 B
2021-54 M
202025 M
2019301 M
20181000 M

About Centene Corp Financial Statements

Centene Corp stakeholders use historical fundamental indicators, such as Centene Corp's Other Non Cash Items, 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
Other Non Cash Items546 M573.3 M

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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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
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
5.78
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.