Humana Total Assets vs Net Debt 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 Net Debt 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 Net Debt

Total Assets vs Net Debt 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 Net Debt. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Humana's Total Assets and Net Debt is 0.88. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Net Debt 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 Net Debt 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 Net Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Debt has no effect on the direction of Total Assets i.e., Humana's Total Assets and Net Debt go up and down completely randomly.

Correlation Coefficient

0.88

Relationship Direction	Positive
Relationship Strength	Strong

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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.

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

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 Revenue	84.2B	92.9B	106.4B	70.9B
Interest Expense	326M	401M	493M	276.6M

Total Revenue Interest Expense

Humana fundamental ratios Correlations

	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Other Assets	Cash And Short Term Investments	Good Will	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Stockholder Equity	Total Liab	Total Current Assets	Intangible Assets	Common Stock	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Accounts Payable	Short Term Investments	Other Current Assets	Short Term Debt	Other Liab
Total Stockholder Equity		0.98	0.89	0.97	0.81	0.48	0.36	0.97	0.81	0.87	-0.87	0.95	-0.88	0.93	0.89	0.61	0.61	0.98	0.95	0.94	0.94	0.88	0.93	0.94	0.81	-0.73
Property Plant And Equipment Net	0.98		0.89	0.98	0.79	0.37	0.28	0.94	0.79	0.9	-0.84	0.95	-0.89	0.95	0.9	0.66	0.51	0.98	0.98	0.94	0.96	0.89	0.94	0.94	0.86	-0.76
Net Debt	0.89	0.89		0.85	0.57	0.58	0.45	0.83	0.57	0.89	-0.76	0.88	-0.74	0.83	0.75	0.72	0.42	0.88	0.95	0.77	0.82	0.72	0.78	0.77	0.9	-0.66
Retained Earnings	0.97	0.98	0.85		0.84	0.35	0.3	0.98	0.84	0.84	-0.88	0.93	-0.93	0.97	0.94	0.54	0.61	0.97	0.94	0.95	0.97	0.94	0.97	0.95	0.84	-0.82
Cash	0.81	0.79	0.57	0.84		0.18	0.45	0.85	1.0	0.51	-0.8	0.82	-0.8	0.88	0.91	0.16	0.49	0.78	0.72	0.74	0.75	0.78	0.77	0.74	0.52	-0.64
Non Current Assets Total	0.48	0.37	0.58	0.35	0.18		0.58	0.44	0.18	0.42	-0.33	0.35	-0.23	0.22	0.13	0.41	0.36	0.42	0.4	0.35	0.33	0.27	0.28	0.34	0.31	-0.09
Non Currrent Assets Other	0.36	0.28	0.45	0.3	0.45	0.58		0.36	0.45	0.07	-0.29	0.33	-0.14	0.32	0.34	-0.11	-0.06	0.23	0.31	0.09	0.11	0.1	0.11	0.07	0.17	-0.15
Other Assets	0.97	0.94	0.83	0.98	0.85	0.44	0.36		0.85	0.8	-0.87	0.93	-0.9	0.94	0.91	0.51	0.66	0.97	0.91	0.93	0.94	0.92	0.94	0.94	0.75	-0.73
Cash And Short Term Investments	0.81	0.79	0.57	0.84	1.0	0.18	0.45	0.85		0.51	-0.8	0.82	-0.8	0.88	0.91	0.16	0.49	0.78	0.72	0.74	0.75	0.78	0.77	0.74	0.52	-0.64
Good Will	0.87	0.9	0.89	0.84	0.51	0.42	0.07	0.8	0.51		-0.66	0.88	-0.74	0.81	0.7	0.91	0.49	0.92	0.93	0.86	0.89	0.8	0.83	0.87	0.86	-0.56
Common Stock Shares Outstanding	-0.87	-0.84	-0.76	-0.88	-0.8	-0.33	-0.29	-0.87	-0.8	-0.66		-0.82	0.96	-0.86	-0.86	-0.35	-0.69	-0.85	-0.83	-0.83	-0.87	-0.85	-0.9	-0.85	-0.78	0.86
Non Current Liabilities Total	0.95	0.95	0.88	0.93	0.82	0.35	0.33	0.93	0.82	0.88	-0.82		-0.84	0.97	0.92	0.65	0.52	0.96	0.96	0.87	0.9	0.87	0.88	0.88	0.79	-0.63
Other Stockholder Equity	-0.88	-0.89	-0.74	-0.93	-0.8	-0.23	-0.14	-0.9	-0.8	-0.74	0.96	-0.84		-0.9	-0.89	-0.43	-0.69	-0.9	-0.86	-0.91	-0.95	-0.93	-0.97	-0.93	-0.8	0.87
Total Liab	0.93	0.95	0.83	0.97	0.88	0.22	0.32	0.94	0.88	0.81	-0.86	0.97	-0.9		0.98	0.51	0.54	0.94	0.93	0.87	0.91	0.9	0.92	0.89	0.81	-0.76
Total Current Assets	0.89	0.9	0.75	0.94	0.91	0.13	0.34	0.91	0.91	0.7	-0.86	0.92	-0.89	0.98		0.36	0.54	0.88	0.87	0.82	0.87	0.87	0.89	0.84	0.74	-0.79
Intangible Assets	0.61	0.66	0.72	0.54	0.16	0.41	-0.11	0.51	0.16	0.91	-0.35	0.65	-0.43	0.51	0.36		0.28	0.69	0.72	0.63	0.64	0.54	0.55	0.63	0.67	-0.21
Common Stock	0.61	0.51	0.42	0.61	0.49	0.36	-0.06	0.66	0.49	0.49	-0.69	0.52	-0.69	0.54	0.54	0.28		0.62	0.46	0.66	0.68	0.75	0.72	0.71	0.41	-0.52
Total Assets	0.98	0.98	0.88	0.97	0.78	0.42	0.23	0.97	0.78	0.92	-0.85	0.96	-0.9	0.94	0.88	0.69	0.62		0.96	0.96	0.97	0.93	0.95	0.97	0.83	-0.71
Short Long Term Debt Total	0.95	0.98	0.95	0.94	0.72	0.4	0.31	0.91	0.72	0.93	-0.83	0.96	-0.86	0.93	0.87	0.72	0.46	0.96		0.88	0.92	0.84	0.89	0.89	0.91	-0.72
Other Current Liab	0.94	0.94	0.77	0.95	0.74	0.35	0.09	0.93	0.74	0.86	-0.83	0.87	-0.91	0.87	0.82	0.63	0.66	0.96	0.88		0.98	0.93	0.97	0.99	0.78	-0.74
Total Current Liabilities	0.94	0.96	0.82	0.97	0.75	0.33	0.11	0.94	0.75	0.89	-0.87	0.9	-0.95	0.91	0.87	0.64	0.68	0.97	0.92	0.98		0.96	0.99	0.99	0.85	-0.79
Accounts Payable	0.88	0.89	0.72	0.94	0.78	0.27	0.1	0.92	0.78	0.8	-0.85	0.87	-0.93	0.9	0.87	0.54	0.75	0.93	0.84	0.93	0.96		0.97	0.95	0.73	-0.73
Short Term Investments	0.93	0.94	0.78	0.97	0.77	0.28	0.11	0.94	0.77	0.83	-0.9	0.88	-0.97	0.92	0.89	0.55	0.72	0.95	0.89	0.97	0.99	0.97		0.98	0.81	-0.83
Other Current Assets	0.94	0.94	0.77	0.95	0.74	0.34	0.07	0.94	0.74	0.87	-0.85	0.88	-0.93	0.89	0.84	0.63	0.71	0.97	0.89	0.99	0.99	0.95	0.98		0.78	-0.74
Short Term Debt	0.81	0.86	0.9	0.84	0.52	0.31	0.17	0.75	0.52	0.86	-0.78	0.79	-0.8	0.81	0.74	0.67	0.41	0.83	0.91	0.78	0.85	0.73	0.81	0.78		-0.81
Other Liab	-0.73	-0.76	-0.66	-0.82	-0.64	-0.09	-0.15	-0.73	-0.64	-0.56	0.86	-0.63	0.87	-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

	2019	2020	2021	2022	2023	2024 (projected)
Total Stockholder Equity	12.0B	13.7B	16.1B	15.3B	16.3B	13.0B
Property Plant And Equipment Net	2.4B	2.8B	3.8B	3.7B	3.5B	2.4B
Net Debt	2.1B	2.5B	9.8B	6.7B	5.5B	3.2B
Retained Earnings	17.5B	20.5B	23.1B	25.5B	27.5B	17.6B
Cash	4.1B	4.7B	3.4B	5.1B	4.7B	3.6B
Non Current Assets Total	9.2B	11.4B	19.9B	17.5B	16.9B	15.6B
Non Currrent Assets Other	12.8B	15.3B	14.4B	15.6B	2.1B	2.0B
Other Assets	18.6B	22.7B	23.5B	23.4B	26.9B	20.0B
Cash And Short Term Investments	4.1B	4.7B	3.4B	5.1B	4.7B	3.6B
Good Will	3.9B	4.4B	11.1B	9.1B	9.6B	5.7B
Common Stock Shares Outstanding	134.7M	133.0M	129.4M	127.1M	124.4M	114.2M
Non Current Liabilities Total	6.1B	8.0B	13.3B	11.2B	11.7B	7.5B
Other Stockholder Equity	(5.6B)	(7.2B)	(7.1B)	(8.9B)	(10.3B)	(9.8B)
Total Liab	17.0B	21.3B	28.6B	28.4B	30.6B	17.0B
Total Current Assets	19.9B	23.6B	24.9B	26.2B	30.0B	16.7B
Total Assets	29.0B	35.1B	44.7B	43.7B	46.9B	34.5B
Short Long Term Debt Total	6.1B	7.1B	13.2B	11.8B	10.2B	7.4B
Liabilities And Stockholders Equity	29.0B	35.1B	44.7B	43.7B	47.1B	31.6B
Accumulated Other Comprehensive Income	156M	391M	42M	(1.3B)	(999M)	(949.1M)
Other Current Liab	6.4B	8.7B	8.7B	9.7B	10.7B	8.2B
Total Current Liabilities	10.9B	13.4B	15.3B	17.2B	18.9B	14.2B
Accounts Payable	3.8B	4.0B	4.5B	5.2B	6.6B	4.6B
Short Term Investments	11.0B	12.6B	13.2B	13.9B	16.6B	13.0B
Other Current Assets	19.9B	23.6B	24.9B	26.2B	30.0B	24.1B
Short Term Debt	815M	729M	2.1B	2.3B	1.6B	1.3B
Other Liab	809M	1.4B	1.8B	1.0B	915.3M	1.2B
Net Tangible Assets	7.9B	9.0B	2.3B	4.4B	4.0B	4.8B
Long Term Debt	4.4B	5.0B	6.1B	10.5B	12.1B	6.8B
Net Receivables	2.4B	2.5B	3.8B	3.7B	4.2B	2.9B
Capital Surpluse	2.5B	2.8B	2.7B	3.1B	3.5B	3.0B
Treasury Stock	(7.3B)	(8.5B)	(9.9B)	(10.2B)	(9.1B)	(9.6B)
Property Plant Equipment	2.4B	2.8B	3.8B	3.7B	4.3B	2.9B

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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.

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Humana Total Assets vs Net Debt Analysis

Total Assets vs Net Debt

Total Assets vs Net Debt Correlation Analysis

Correlation Coefficient

Total Assets

Net Debt

Humana fundamental ratios Correlations

Humana Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Humana fundamental ratios Accounts

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Cash And Short Term Investments	+ 1.0	Cash
Other Current Assets	+ 0.99	Other Current Liab
Short Term Investments	+ 0.99	Total Current Liabilities
Other Current Assets	+ 0.99	Total Current Liabilities
Property Plant And Equipment Net	+ 0.98	Total Stockholder Equity
Total Assets	+ 0.98	Total Stockholder Equity

Short Term Investments	- 0.97	Other Stockholder Equity
Total Current Liabilities	- 0.95	Other Stockholder Equity
Other Current Assets	- 0.93	Other Stockholder Equity
Accounts Payable	- 0.93	Other Stockholder Equity
Other Stockholder Equity	- 0.93	Retained Earnings
Other Current Liab	- 0.91	Other Stockholder Equity