Cerner Financial Statements From 2010 to 2022

CERN
 Stock
  

USD 94.92  0.00  0.00%   

Cerner financial statements provide useful quarterly and yearly information to potential Cerner investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Cerner financial statements helps investors assess Cerner's valuation, profitability, and current liquidity needs.
We have found one hundred ten available fundamental signals for Cerner, which can be analyzed and compared to other ratios and to its rivals. We recommend to validate Cerner's prevailing fundamental drivers against the all of the trends between 2010 and 2022.
Cerner Working Capital is quite stable at the moment as compared to the past year. The company's current value of Working Capital is estimated at 940.63 Million.
  
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Check Cerner financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cerner main balance sheet or income statement drivers, such as Direct Expenses of 2.9 B, Consolidated Income of 616.9 M or Cost of Revenue of 974 M, as well as many exotic indicators such as Interest Coverage of 41.54, Long Term Debt to Equity of 0.47 or Calculated Tax Rate of 26.6. Cerner financial statements analysis is a perfect complement when working with Cerner Valuation or Volatility modules. It can also supplement various Cerner Technical models. Continue to Trending Equities.

Cerner Revenues

5.55 Billion

Share

Cerner Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets7.2 B7.4 B6.1 B
Increasing
Slightly volatile
Cash and Equivalents540.1 M589.8 M436.1 M
Increasing
Slightly volatile
Investments700.2 M714.6 M535.8 M
Increasing
Slightly volatile
Investments Current310.6 M252.6 M224.7 M
Increasing
Stable
Investments Non Current444.5 M462 M315.4 M
Increasing
Slightly volatile
Deferred Revenue460.1 M531.2 M347 M
Increasing
Slightly volatile
Property Plant and Equipment Net1.7 B1.7 B1.5 B
Increasing
Slightly volatile
Inventory24.3 M28.2 M20.1 M
Increasing
Slightly volatile
Tax Assets43.1 M42.1 M38.5 M
Increasing
Slightly volatile
Trade and Non Trade Receivables1.1 B1.2 BB
Increasing
Slightly volatile
Trade and Non Trade Payables296.5 M329.6 M234.3 M
Increasing
Slightly volatile
Goodwill and Intangible Assets2.3 B2.6 B2.1 B
Increasing
Slightly volatile
Total LiabilitiesB3.8 B2.2 B
Increasing
Slightly volatile
Shareholders Equity4.1 B3.7 B3.9 B
Increasing
Slightly volatile
Accumulated Retained Earnings DeficitB6.8 B4.7 B
Increasing
Slightly volatile
Current Assets2.5 B2.4 B2.1 B
Increasing
Slightly volatile
Assets Non Current4.7 BB4.1 B
Increasing
Slightly volatile
Current Liabilities1.4 B1.6 B965.2 M
Increasing
Slightly volatile
Liabilities Non Current2.3 B2.1 B1.3 B
Increasing
Slightly volatile
Tax Liabilities375 M395.2 M335.1 M
Increasing
Slightly volatile
Total DebtB1.8 B944.8 M
Increasing
Slightly volatile
Debt Current279.2 M258.8 M114.8 M
Increasing
Slightly volatile
Debt Non Current1.7 B1.6 B887.7 M
Increasing
Slightly volatile
Shareholders Equity USD4.1 B3.7 B3.9 B
Increasing
Slightly volatile
Cash and Equivalents USD540.1 M589.8 M436.1 M
Increasing
Slightly volatile
Total Debt USDB1.8 B944.8 M
Increasing
Slightly volatile
Accounts Payable355.6 M329.6 M227.3 M
Increasing
Slightly volatile
Receivables967.8 M1.2 B989.8 M
Increasing
Slightly volatile
Inventories23.6 M28.2 M19.7 M
Increasing
Slightly volatile

Cerner Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Revenues5.6 B5.8 B4.8 B
Increasing
Slightly volatile
Cost of Revenue974 MB842.9 M
Increasing
Slightly volatile
Selling General and Administrative ExpenseB3.2 B2.6 B
Increasing
Slightly volatile
Research and Development Expense756.9 M836 M623.3 M
Increasing
Slightly volatile
Operating Expenses3.8 B4.1 B3.2 B
Increasing
Slightly volatile
Income Tax Expense154.8 M143.9 M202.1 M
Decreasing
Slightly volatile
Consolidated Income616.9 M555.6 M571.7 M
Increasing
Slightly volatile
Net Income616.9 M555.6 M571.7 M
Increasing
Slightly volatile
Net Income Common Stock616.9 M555.6 M571.7 M
Increasing
Slightly volatile
Weighted Average Shares296.2 M298.7 M325.8 M
Decreasing
Slightly volatile
Weighted Average Shares Diluted300.2 M301.3 M331.4 M
Decreasing
Slightly volatile
Earning Before Interest and Taxes EBIT801.4 M699.5 M776 M
Increasing
Slightly volatile
Revenues USD5.6 B5.8 B4.8 B
Increasing
Slightly volatile
Net Income Common Stock USD616.9 M555.6 M571.7 M
Increasing
Slightly volatile
Earning Before Interest and Taxes USD801.4 M699.5 M776 M
Increasing
Slightly volatile
Gross Profit4.6 B4.8 BB
Increasing
Slightly volatile
Operating Income795 M708.3 M754.6 M
Increasing
Stable
Direct Expenses2.9 B3.6 B2.8 B
Increasing
Slightly volatile

Cerner Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Net Cash Flow Business Acquisitions and Disposals(383.6 M)(355.5 M)(620 M)
Increasing
Slightly volatile
Net Cash Flow Investment Acquisitions and Disposals262.8 M243.6 M269.4 M
Decreasing
Slightly volatile
Net Cash Flow from Financing(1.1 B)(1.1 B)(320.9 M)
Decreasing
Slightly volatile
Issuance Repayment of Debt Securities 539.5 M500 M449 M
Increasing
Stable
Issuance Purchase of Equity Shares(1.2 B)(1.2 B)(583.4 M)
Decreasing
Slightly volatile
Net Cash Flow from Operations1.6 B1.8 B1.2 B
Increasing
Slightly volatile
Net Cash Flow or Change in Cash and Cash Equivalents(26.4 M)(25.8 M)(72.1 M)
Increasing
Slightly volatile
Share Based Compensation211.1 M195.7 M105.7 M
Increasing
Slightly volatile
Depreciation Amortization and Accretion656.5 M718.9 M548 M
Increasing
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Earnings per Basic Share1.971.861.7591
Increasing
Slightly volatile
Earnings per Diluted Share1.941.841.7348
Increasing
Slightly volatile
Earnings per Basic Share USD1.971.861.7591
Increasing
Slightly volatile
Dividends per Basic Common Share0.920.930.6328
Increasing
Slightly volatile
Return on Average Equity0.160.140.1466
Increasing
Slightly volatile
Return on Average Assets0.08050.0730.0948
Decreasing
Slightly volatile
Return on Invested Capital0.180.1440.2249
Decreasing
Slightly volatile
Gross Margin0.910.8260.8314
Increasing
Slightly volatile
Profit Margin0.10.0960.1193
Decreasing
Slightly volatile
EBITDA Margin0.250.2460.2757
Decreasing
Slightly volatile
Return on Sales0.140.1210.1644
Decreasing
Slightly volatile
Asset Turnover0.850.7530.8028
Decreasing
Very volatile
Payout Ratio0.480.50.3463
Increasing
Slightly volatile
Enterprise Value over EBITDA17.5720.23616.4523
Increasing
Stable
Enterprise Value over EBIT37.1141.028.8543
Increasing
Slightly volatile
Price to Earnings Ratio47.2349.9338.286
Increasing
Stable
Sales per Share17.8819.29814.9284
Increasing
Slightly volatile
Price to Sales Ratio4.54.8124.431
Decreasing
Stable
Price to Book Value6.917.4245.4545
Increasing
Slightly volatile
Debt to Equity Ratio1.11.020.5835
Increasing
Slightly volatile
Dividend Yield0.01130.01150.0081
Increasing
Slightly volatile
Current Ratio1.881.5062.2381
Decreasing
Slightly volatile
Free Cash Flow per Share4.273.9611.9951
Increasing
Slightly volatile
Book Value per Share13.212.32112.0585
Increasing
Slightly volatile
Tangible Assets Book Value per Share15.4916.21612.6531
Increasing
Slightly volatile
Total Assets Per Share27.3925.385618.8424
Increasing
Slightly volatile
Cash Flow Per Share6.536.04983.6964
Increasing
Slightly volatile
Return on Investment16.7812.496816.4204
Decreasing
Slightly volatile
Operating Margin16.5612.286215.773
Decreasing
Slightly volatile
Calculated Tax Rate26.620.567927.0638
Decreasing
Slightly volatile
Receivables Turnover4.594.94824.8207
Increasing
Stable
Inventory Turnover127142136
Increasing
Slightly volatile
PPandE Turnover3.93.3323.6095
Decreasing
Slightly volatile
Cash and Equivalents Turnover9.769.564510.5154
Increasing
Stable
Accounts Payable Turnover24.4320.394323.7921
Decreasing
Slightly volatile
Accrued Expenses Turnover17.0618.391419.1945
Increasing
Stable
Interest Coverage41.5440.47523.3 K
Decreasing
Slightly volatile
Long Term Debt to Equity0.470.43780.2138
Increasing
Slightly volatile
Quick Ratio1.261.23221.9655
Decreasing
Slightly volatile
Net Current Assets as percentage of Total Assets11.3611.073219.4041
Decreasing
Slightly volatile
Revenue to Assets0.730.77550.7814
Decreasing
Stable

Cerner Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Earnings before Tax801.4 M699.5 M776 M
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.5 B1.4 B1.3 B
Increasing
Slightly volatile
Earnings Before Interest Taxes and Depreciation Amortization USD1.5 B1.4 B1.3 B
Increasing
Slightly volatile
Market Capitalization25.7 B27.3 B21.3 B
Increasing
Slightly volatile
Enterprise Value26.6 B28.7 B21.8 B
Increasing
Slightly volatile
Invested Capital4.3 B4.5 B3.6 B
Increasing
Slightly volatile
Average Equity4.3 BB3.9 B
Increasing
Slightly volatile
Average Assets7.2 B7.7 B6.1 B
Increasing
Slightly volatile
Invested Capital Average4.4 B4.8 B3.6 B
Increasing
Slightly volatile
Tangible Asset Value4.8 B4.8 B4.1 B
Increasing
Slightly volatile
Free Cash Flow952.4 M1.2 B607.9 M
Increasing
Slightly volatile
Working Capital940.6 M823.2 M1.1 B
Increasing
Stable
Revenue Per Employee242.5 K229.2 K211.3 K
Increasing
Stable
Net Income Per Employee27.5 K22.1 K25.4 K
Decreasing
Stable

Cerner Fundamental Market Drivers

Forward Price Earnings23.15
Short Percent Of Float4.21%
Average Daily Volume Last 10 Day8M
Shares Short Prior Month9.61M
Average Daily Volume In Three Month3.53M
Date Short Interest29th of April 2022
Fifty Day Average93.94
Two Hundred Day Average85.47

Cerner Upcoming Events

Upcoming Quarterly Report9th of February 2022
Next Financial Report4th of May 2022
Next Fiscal Quarter End31st of December 2021
Next Fiscal Year End9th of February 2022
Last Quarter Report30th of September 2021
Last Financial Announcement31st of December 2020

About Cerner Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Cerner income statement, its balance sheet, and the statement of cash flows. Cerner investors use historical funamental indicators, such as Cerner's revenue or net income, to determine how well the company is positioned to perform in the future. Although Cerner investors may use each financial statement separately, they are all related. The changes in Cerner's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Cerner's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Cerner Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Cerner. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Deferred Revenue531.2 M460.1 M
Cost of RevenueB974 M
Revenues5.8 B5.6 B
Revenue to Assets 0.78  0.73 
Revenue Per Employee229.2 K242.5 K
Cerner Corporation, together with its subsidiaries, provides health care information technology solutions and tech-enabled services in the United States and internationally. The company was founded in 1979 and is headquartered in North Kansas City, Missouri. Cerner operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 25150 people.

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Our tools can tell you how much better you can do entering a position in Cerner without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Cerner

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Cerner position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Cerner will appreciate offsetting losses from the drop in the long position's value.

Cerner Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Cerner could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Cerner when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Cerner - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Cerner to buy it.
The correlation of Cerner is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Cerner moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Cerner moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Cerner can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Trending Equities. Note that the Cerner information on this page should be used as a complementary analysis to other Cerner's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Cerner price analysis, check to measure Cerner'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 Cerner is operating at the current time. Most of Cerner's value examination focuses on studying past and present price action to predict the probability of Cerner's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Cerner's price. Additionally, you may evaluate how the addition of Cerner to your portfolios can decrease your overall portfolio volatility.
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Is Cerner's industry 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 Cerner. If investors know Cerner 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 Cerner 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 YOY
0.25
Market Capitalization
27.9 B
Quarterly Revenue Growth YOY
0.03
Return On Assets
0.0918
Return On Equity
0.14
The market value of Cerner is measured differently than its book value, which is the value of Cerner that is recorded on the company's balance sheet. Investors also form their own opinion of Cerner's value that differs from its market value or its book value, called intrinsic value, which is Cerner'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 Cerner's market value can be influenced by many factors that don't directly affect Cerner'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 Cerner's value and its price as these two are different measures arrived at by different means. Investors typically determine Cerner value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cerner'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.