Elevance Net Debt To E B I T D A from 2010 to 2024

ELV Stock  USD 402.55  1.05  0.26%   
Elevance Health Net Debt To EBITDA yearly trend continues to be fairly stable with very little volatility. Net Debt To EBITDA will likely drop to 1.22 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
1.77254528
Current Value
1.22
Quarterly Volatility
0.85418816
 
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 Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Elevance Health over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Elevance Health's Net Debt To EBITDA 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.
Net Debt To E B I T D A10 Years Trend
Very volatile
   Net Debt To E B I T D A   
       Timeline  

Elevance Net Debt To E B I T D A Regression Statistics

Arithmetic Mean1.86
Geometric Mean1.33
Coefficient Of Variation46.03
Mean Deviation0.63
Median2.09
Standard Deviation0.85
Sample Variance0.73
Range2.9959
R-Value0.05
Mean Square Error0.78
R-Squared0
Significance0.86
Slope0.01
Total Sum of Squares10.21

Elevance Net Debt To E B I T D A History

2024 1.22
2023 1.77
2022 1.65
2021 3.02
2020 1.75
2018 2.1
2017 0.21

About Elevance Health Financial Statements

Elevance Health investors use historical fundamental indicators, such as Elevance Health's Net Debt To E B I T D A, 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
Net Debt To EBITDA 1.77  1.22 

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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.