Elevance Debt To Equity from 2010 to 2024

ELV Stock  USD 402.55  1.05  0.26%   
Elevance Health Debt To Equity yearly trend continues to be fairly stable with very little volatility. Debt To Equity will likely drop to 0.38 in 2024. 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
0.63908818
Current Value
0.38
Quarterly Volatility
0.14651396
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Elevance Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Elevance Health's main balance sheet or income statement drivers, such as Interest Expense of 1.1 B, Total Revenue of 179.9 B or Gross Profit of 56 B, as well as many indicators such as Price To Sales Ratio of 0.46, Dividend Yield of 0.0153 or PTB Ratio of 1.5. Elevance financial statements analysis is a perfect complement when working with Elevance Health Valuation or Volatility modules.
  
Check out the analysis of Elevance Health Correlation against competitors.
For more information on how to buy Elevance Stock please use our How to Invest in Elevance Health guide.

Latest Elevance Health's Debt To Equity Growth Pattern

Below is the plot of the Debt To Equity of Elevance Health 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. Elevance Health's Debt To Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Elevance Health's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.66 %10 Years Trend
Slightly volatile
   Debt To Equity   
       Timeline  

Elevance Debt To Equity Regression Statistics

Arithmetic Mean0.58
Geometric Mean0.56
Coefficient Of Variation25.16
Mean Deviation0.10
Median0.63
Standard Deviation0.15
Sample Variance0.02
Range0.5747
R-Value0.33
Mean Square Error0.02
R-Squared0.11
Significance0.24
Slope0.01
Total Sum of Squares0.30

Elevance Debt To Equity History

2024 0.38
2022 0.66
2021 0.64
2020 0.6
2018 0.67
2017 0.75

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Debt To Equity, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Elevance Health. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Debt To Equity 0.64  0.38 

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.