Humana Total Assets vs Intangible Assets Analysis

0J6Z Stock   297.99  1.27  0.43%   
Humana financial indicator trend analysis is much more than just examining Humana Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Humana Inc is a good investment. Please check the relationship between Humana Total Assets and its Intangible Assets accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Humana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Total Assets vs Intangible Assets

Total Assets vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Humana Inc Total Assets account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.
The correlation between Humana's Total Assets and Intangible Assets is 0.69. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Humana Inc, assuming nothing else is changed. The correlation between historical values of Humana's Total Assets and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Humana Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Total Assets i.e., Humana's Total Assets and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.69
Relationship DirectionPositive 
Relationship StrengthSignificant

Total Assets

Total assets refers to the total amount of Humana assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Humana Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.
Most indicators from Humana's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Humana Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Humana Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Tax Provision is likely to gain to about 695.4 M in 2024, whereas Selling General Administrative is likely to drop slightly above 188.8 M in 2024.
 2021 2022 2023 2024 (projected)
Total Revenue84.2B92.9B106.4B70.9B
Interest Expense326M401M493M276.6M

Humana fundamental ratios Correlations

0.980.890.970.810.480.360.970.810.87-0.870.95-0.880.930.890.610.610.980.950.940.940.880.930.940.81-0.73
0.980.890.980.790.370.280.940.790.9-0.840.95-0.890.950.90.660.510.980.980.940.960.890.940.940.86-0.76
0.890.890.850.570.580.450.830.570.89-0.760.88-0.740.830.750.720.420.880.950.770.820.720.780.770.9-0.66
0.970.980.850.840.350.30.980.840.84-0.880.93-0.930.970.940.540.610.970.940.950.970.940.970.950.84-0.82
0.810.790.570.840.180.450.851.00.51-0.80.82-0.80.880.910.160.490.780.720.740.750.780.770.740.52-0.64
0.480.370.580.350.180.580.440.180.42-0.330.35-0.230.220.130.410.360.420.40.350.330.270.280.340.31-0.09
0.360.280.450.30.450.580.360.450.07-0.290.33-0.140.320.34-0.11-0.060.230.310.090.110.10.110.070.17-0.15
0.970.940.830.980.850.440.360.850.8-0.870.93-0.90.940.910.510.660.970.910.930.940.920.940.940.75-0.73
0.810.790.570.841.00.180.450.850.51-0.80.82-0.80.880.910.160.490.780.720.740.750.780.770.740.52-0.64
0.870.90.890.840.510.420.070.80.51-0.660.88-0.740.810.70.910.490.920.930.860.890.80.830.870.86-0.56
-0.87-0.84-0.76-0.88-0.8-0.33-0.29-0.87-0.8-0.66-0.820.96-0.86-0.86-0.35-0.69-0.85-0.83-0.83-0.87-0.85-0.9-0.85-0.780.86
0.950.950.880.930.820.350.330.930.820.88-0.82-0.840.970.920.650.520.960.960.870.90.870.880.880.79-0.63
-0.88-0.89-0.74-0.93-0.8-0.23-0.14-0.9-0.8-0.740.96-0.84-0.9-0.89-0.43-0.69-0.9-0.86-0.91-0.95-0.93-0.97-0.93-0.80.87
0.930.950.830.970.880.220.320.940.880.81-0.860.97-0.90.980.510.540.940.930.870.910.90.920.890.81-0.76
0.890.90.750.940.910.130.340.910.910.7-0.860.92-0.890.980.360.540.880.870.820.870.870.890.840.74-0.79
0.610.660.720.540.160.41-0.110.510.160.91-0.350.65-0.430.510.360.280.690.720.630.640.540.550.630.67-0.21
0.610.510.420.610.490.36-0.060.660.490.49-0.690.52-0.690.540.540.280.620.460.660.680.750.720.710.41-0.52
0.980.980.880.970.780.420.230.970.780.92-0.850.96-0.90.940.880.690.620.960.960.970.930.950.970.83-0.71
0.950.980.950.940.720.40.310.910.720.93-0.830.96-0.860.930.870.720.460.960.880.920.840.890.890.91-0.72
0.940.940.770.950.740.350.090.930.740.86-0.830.87-0.910.870.820.630.660.960.880.980.930.970.990.78-0.74
0.940.960.820.970.750.330.110.940.750.89-0.870.9-0.950.910.870.640.680.970.920.980.960.990.990.85-0.79
0.880.890.720.940.780.270.10.920.780.8-0.850.87-0.930.90.870.540.750.930.840.930.960.970.950.73-0.73
0.930.940.780.970.770.280.110.940.770.83-0.90.88-0.970.920.890.550.720.950.890.970.990.970.980.81-0.83
0.940.940.770.950.740.340.070.940.740.87-0.850.88-0.930.890.840.630.710.970.890.990.990.950.980.78-0.74
0.810.860.90.840.520.310.170.750.520.86-0.780.79-0.80.810.740.670.410.830.910.780.850.730.810.78-0.81
-0.73-0.76-0.66-0.82-0.64-0.09-0.15-0.73-0.64-0.560.86-0.630.87-0.76-0.79-0.21-0.52-0.71-0.72-0.74-0.79-0.73-0.83-0.74-0.81
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Humana Account Relationship Matchups

Humana fundamental ratios Accounts

201920202021202220232024 (projected)
Total Stockholder Equity12.0B13.7B16.1B15.3B16.3B13.0B
Property Plant And Equipment Net2.4B2.8B3.8B3.7B3.5B2.4B
Net Debt2.1B2.5B9.8B6.7B5.5B3.2B
Retained Earnings17.5B20.5B23.1B25.5B27.5B17.6B
Cash4.1B4.7B3.4B5.1B4.7B3.6B
Non Current Assets Total9.2B11.4B19.9B17.5B16.9B15.6B
Non Currrent Assets Other12.8B15.3B14.4B15.6B2.1B2.0B
Other Assets18.6B22.7B23.5B23.4B26.9B20.0B
Cash And Short Term Investments4.1B4.7B3.4B5.1B4.7B3.6B
Good Will3.9B4.4B11.1B9.1B9.6B5.7B
Common Stock Shares Outstanding134.7M133.0M129.4M127.1M124.4M114.2M
Non Current Liabilities Total6.1B8.0B13.3B11.2B11.7B7.5B
Other Stockholder Equity(5.6B)(7.2B)(7.1B)(8.9B)(10.3B)(9.8B)
Total Liab17.0B21.3B28.6B28.4B30.6B17.0B
Total Current Assets19.9B23.6B24.9B26.2B30.0B16.7B
Total Assets29.0B35.1B44.7B43.7B46.9B34.5B
Short Long Term Debt Total6.1B7.1B13.2B11.8B10.2B7.4B
Liabilities And Stockholders Equity29.0B35.1B44.7B43.7B47.1B31.6B
Accumulated Other Comprehensive Income156M391M42M(1.3B)(999M)(949.1M)
Other Current Liab6.4B8.7B8.7B9.7B10.7B8.2B
Total Current Liabilities10.9B13.4B15.3B17.2B18.9B14.2B
Accounts Payable3.8B4.0B4.5B5.2B6.6B4.6B
Short Term Investments11.0B12.6B13.2B13.9B16.6B13.0B
Other Current Assets19.9B23.6B24.9B26.2B30.0B24.1B
Short Term Debt815M729M2.1B2.3B1.6B1.3B
Other Liab809M1.4B1.8B1.0B915.3M1.2B
Net Tangible Assets7.9B9.0B2.3B4.4B4.0B4.8B
Long Term Debt4.4B5.0B6.1B10.5B12.1B6.8B
Net Receivables2.4B2.5B3.8B3.7B4.2B2.9B
Capital Surpluse2.5B2.8B2.7B3.1B3.5B3.0B
Treasury Stock(7.3B)(8.5B)(9.9B)(10.2B)(9.1B)(9.6B)
Property Plant Equipment2.4B2.8B3.8B3.7B4.3B2.9B

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When running Humana's price analysis, check to measure Humana'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 Humana is operating at the current time. Most of Humana's value examination focuses on studying past and present price action to predict the probability of Humana's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Humana's price. Additionally, you may evaluate how the addition of Humana to your portfolios can decrease your overall portfolio volatility.