Cigna Capital Stock vs Retained Earnings Analysis
CI Stock | USD 330.07 6.68 2.07% |
Cigna Corp financial indicator trend analysis is way more than just evaluating Cigna Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cigna Corp is a good investment. Please check the relationship between Cigna Corp Capital Stock and its Retained Earnings accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
Capital Stock vs Retained Earnings
Capital Stock vs Retained Earnings Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cigna Corp Capital Stock account and Retained Earnings. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Cigna Corp's Capital Stock and Retained Earnings is -0.66. Overlapping area represents the amount of variation of Capital Stock that can explain the historical movement of Retained Earnings in the same time period over historical financial statements of Cigna Corp, assuming nothing else is changed. The correlation between historical values of Cigna Corp's Capital Stock and Retained Earnings is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Stock of Cigna Corp are associated (or correlated) with its Retained Earnings. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Retained Earnings has no effect on the direction of Capital Stock i.e., Cigna Corp's Capital Stock and Retained Earnings go up and down completely randomly.
Correlation Coefficient | -0.66 |
Relationship Direction | Negative |
Relationship Strength | Weak |
Capital Stock
The total amount of a company's capital funded by shareholders through the issue and subscription of shares.Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Most indicators from Cigna Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cigna Corp 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 Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.As of now, Cigna Corp's Enterprise Value Multiple is increasing as compared to previous years. The Cigna Corp's current Enterprise Value is estimated to increase to about 120.7 B, while Selling General Administrative is projected to decrease to under 10.2 B.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 140.7B | 148.4B | 158.9B | 166.8B | Total Revenue | 174.3B | 180.6B | 195.2B | 204.9B |
Cigna Corp fundamental ratios Correlations
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Cigna Corp Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Cigna Corp fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 155.8B | 155.5B | 154.9B | 143.9B | 152.8B | 89.1B | |
Short Long Term Debt Total | 37.4B | 32.9B | 33.7B | 31.1B | 31.5B | 33.1B | |
Total Stockholder Equity | 45.3B | 50.3B | 47.1B | 44.9B | 46.2B | 48.5B | |
Net Debt | 32.8B | 22.7B | 28.6B | 25.2B | 23.7B | 24.8B | |
Retained Earnings | 20.2B | 28.6B | 32.6B | 37.9B | 41.7B | 43.7B | |
Other Assets | 47.9B | 41.2B | 44.0B | 32.2B | 37.0B | 23.6B | |
Common Stock Shares Outstanding | 379.8M | 368.4M | 341.0M | 313.1M | 296.9M | 365.5M | |
Liabilities And Stockholders Equity | 155.8B | 155.5B | 154.9B | 143.9B | 152.8B | 89.1B | |
Non Current Liabilities Total | 41.3B | 38.5B | 39.5B | 10.8B | 57.7B | 60.6B | |
Other Stockholder Equity | 26.1B | 22.6B | 15.4B | 8.4B | 6.4B | 6.8B | |
Total Liab | 110.4B | 105.1B | 107.7B | 99.0B | 106.4B | 75.1B | |
Total Current Liabilities | 21.1B | 22.2B | 9.2B | 10.8B | 48.7B | 51.2B | |
Property Plant And Equipment Net | 4.4B | 4.2B | 4.0B | 3.8B | 4.1B | 4.3B | |
Non Current Assets Total | 86.5B | 85.4B | 84.8B | 83.0B | 115.4B | 121.2B | |
Non Currrent Assets Other | (1.3B) | (1.3B) | (1.7B) | (1.1B) | 18.2B | 19.1B | |
Cash And Short Term Investments | 5.6B | 11.5B | 6.0B | 6.8B | 7.8B | 14.4B | |
Net Receivables | 15.8B | 12.2B | 15.1B | 22.0B | 17.7B | 10.5B | |
Short Term Investments | 937M | 1.3B | 920M | 905M | 925M | 878.8M | |
Other Current Assets | 11.8B | 2.3B | 12.3B | 2.2B | 6.2B | 5.9B | |
Property Plant And Equipment Gross | 1.6B | 4.6B | 4.4B | 4.2B | 4.8B | 5.1B | |
Total Current Assets | 21.4B | 28.9B | 26.1B | 28.8B | 37.4B | 48.7B | |
Short Term Debt | 5.5B | 3.4B | 2.5B | 3.0B | 2.9B | 3.0B | |
Intangible Assets | 36.6B | 35.2B | 34.1B | 32.5B | 30.9B | 32.4B | |
Accounts Payable | 15.5B | 18.8B | 6.7B | 7.8B | 8.6B | 8.5B | |
Cash | 4.6B | 10.2B | 5.1B | 5.9B | 7.8B | 8.2B | |
Good Will | 44.5B | 44.6B | 44.6B | 45.8B | 44.3B | 46.5B | |
Accumulated Other Comprehensive Income | (941M) | (861M) | (884M) | (1.4B) | (1.9B) | (1.8B) | |
Other Liab | 37.9B | 39.5B | 33.0B | 29.3B | 26.4B | 29.0B | |
Long Term Debt | 31.8B | 29.5B | 31.1B | 28.0B | 28.2B | 29.6B | |
Treasury Stock | (2.2B) | (6.4B) | (14.2B) | (21.8B) | (19.7B) | (18.7B) | |
Property Plant Equipment | 5.0B | 4.2B | 3.7B | 4.1B | 4.8B | 5.0B | |
Retained Earnings Total Equity | 20.2B | 28.6B | 32.6B | 37.9B | 43.6B | 45.7B | |
Inventory | 2.7B | 3.2B | 3.7B | 4.8B | 5.6B | 5.9B | |
Deferred Long Term Liab | 9.4B | 8.9B | 8.3B | 7.8B | 8.9B | 9.4B | |
Other Current Liab | (21.1B) | (22.2B) | (9.2B) | 30.5B | 37.3B | 39.1B | |
Net Tangible Assets | (35.8B) | (29.4B) | (32.8B) | (33.4B) | (30.0B) | (28.5B) |
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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
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 Cigna Corp. If investors know Cigna 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 Cigna 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 (0.45) | Dividend Share 5.43 | Earnings Share 10.56 | Revenue Per Share 808.024 | Quarterly Revenue Growth 0.28 |
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna 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 Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna 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 Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna 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.