Magellan Financial Statements From 2010 to 2022

MGLN
 Stock
  

USD 94.99  0.00  0.00%   

Magellan Health financial statements provide useful quarterly and yearly information to potential Magellan Health 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 Magellan Health financial statements helps investors assess Magellan Health's valuation, profitability, and current liquidity needs.
Magellan Health does not presently have any fundamental ratios for analysis.
.
  
Check Magellan Health financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Magellan main balance sheet or income statement drivers, such as , as well as many exotic indicators such as . Magellan financial statements analysis is a perfect complement when working with Magellan Health Valuation or Volatility modules. It can also supplement Magellan Health's financial leverage analysis and stock options assessment as well as various Magellan Health Technical models . Additionally, see Correlation Analysis.

Magellan EBITDA Analysis

Magellan Health's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
EBITDA 
 = 
Revenue 
-  
Basic Expenses 
More About EBITDA | All Equity Analysis

Current Magellan Health EBITDA

    
  86.76 M  
Most of Magellan Health's fundamental indicators, such as EBITDA, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Magellan Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
Compare to competition

According to the company disclosure, Magellan Health reported earnings before interest,tax, depreciation and amortization of 86.76 M. This is 90.11% lower than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The ebitda for all United States stocks is 97.77% higher than that of the company.

Magellan Health Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Magellan Health's current stock value. Our valuation model uses many indicators to compare Magellan Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Magellan Health competition to find correlations between indicators driving Magellan Health's intrinsic value. More Info.
Magellan Health is considered to be number one stock in short ratio category among related companies. It is considered to be number one stock in working capital category among related companies reporting about  37,951,931  of Working Capital per Short Ratio. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Magellan Health by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Magellan Health's Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Magellan Health's earnings, one of the primary drivers of an investment's value.

About Magellan Health Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Magellan Health income statement, its balance sheet, and the statement of cash flows. Magellan Health investors use historical funamental indicators, such as Magellan Health's revenue or net income, to determine how well the company is positioned to perform in the future. Although Magellan Health investors may use each financial statement separately, they are all related. The changes in Magellan Health's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Magellan Health'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 Magellan Health Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Magellan Health. Please read more on our technical analysis and fundamental analysis pages.
Magellan Health, Inc., together with its subsidiaries, provides healthcare management services in the United States. As of January 4, 2022, Magellan Health, Inc. operates as a subsidiary of Centene Corporation. Magellan Health operates under Healthcare Plans classification in the United States and is traded on NASDAQ Exchange. It employs 9000 people.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Magellan Health in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Magellan Health's short interest history, or implied volatility extrapolated from Magellan Health options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Magellan Health using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Additionally, see Correlation Analysis. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

Other Tools for Magellan Stock

When running Magellan Health price analysis, check to measure Magellan 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 Magellan Health is operating at the current time. Most of Magellan Health's value examination focuses on studying past and present price action to predict the probability of Magellan Health's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Magellan Health's price. Additionally, you may evaluate how the addition of Magellan Health to your portfolios can decrease your overall portfolio volatility.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Stock Screener
Find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Global Markets Map
Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes
Go
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go