Centene Current Liabilities

CNC
 Stock
  

USD 86.01  1.26  1.49%   

Centene Corp fundamentals help investors to digest information that contributes to Centene Corp's financial success or failures. It also enables traders to predict the movement of Centene Stock. The fundamental analysis module provides a way to measure Centene Corp's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Centene Corp stock. This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.
  
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The current year Current Liabilities is expected to grow to about 27.8 B.

Centene Current Liabilities Analysis

Centene Corp's Current Liabilities is the company's short term debt. This usually includes obligations that are due within the next 12 months or within one fiscal year. Current liabilities are very important in analyzing a company's financial health as it requires the company to convert some of its current assets into cash.

Centene Corp Current Liabilities

27.8 Billion

Current Liabilities 
 = 
Payables 
Accrued Debt 
More About Current Liabilities | All Equity Analysis

Current Centene Corp Current Liabilities

    
  3.63 B  
Most of Centene Corp's fundamental indicators, such as Current Liabilities, 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, Centene Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Centene Current Liabilities Driver Correlations

Understanding the fundamental principles of building solid financial models for Centene Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Current Liabilities. Since Centene Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Centene Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Centene Corp's interrelated accounts and indicators.

Centene Current Liabilities Historical Pattern

Today, most investors in Centene Corp Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Centene Corp's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current liabilities growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Centene Corp current liabilities as a starting point in their analysis.
 Centene Corp Current Liabilities 
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      Timeline 
Current liabilities appear on the company's balance sheet and include all short term debt accounts, accounts and notes payable, accrued liabilities as well as current payments due on the long-term loans. One of the most useful applications of Current Liabilities is the current ratio which is defined as current assets divided by its current liabilities. High current ratios mean that current assets are more than sufficient to pay off current liabilities.
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Centene Total Liabilities

Total Liabilities

55.41 Billion

Centene Corp Total Liabilities is projected to increase significantly based on the last few years of reporting. The past year's Total Liabilities was at 51.35 Billion
In accordance with the recently published financial statements, Centene Corp has a Current Liabilities of 3.63 B. This is 107.1% higher than that of the Healthcare sector and significantly higher than that of the Healthcare Plans industry. The current liabilities for all United States stocks is 54.08% higher than that of the company.

Centene Current Liabilities Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Centene Corp's direct or indirect competition against its Current Liabilities to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Centene Corp could also be used in its relative valuation, which is a method of valuing Centene Corp by comparing valuation metrics of similar companies.
Centene Corp is currently under evaluation in current liabilities category among related companies.

Centene Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Centene Corp from analyzing Centene Corp's financial statements. These drivers represent accounts that assess Centene Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Centene Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee24.57 K19.03 K23.34 K25.29 K18.58 K17.9 K
Revenue Per Employee1.44 M1.27 M1.32 M1.55 M1.74 M1.47 M
Average Assets21.76 B28.99 B35.8 B67.97 B74.49 B80.37 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.77 B2.21 B2.85 B4.77 B3.96 B4.28 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.77 B2.21 B2.85 B4.77 B3.96 B4.28 B
Earnings before Tax1.15 B1.37 B1.79 B2.79 B1.82 B1.58 B
Average Equity6.48 B9.92 B12.14 B25.03 B26.38 B28.46 B
Enterprise Value17.85 B23.21 B26.84 B39.43 B53.5 B57.72 B
Free Cash Flow1.07 B559 M753 M4.63 B3.29 B3.56 B
Invested Capital7 B11.02 B20.74 B26.07 B30.73 B33.16 B
Invested Capital Average6.58 B9.58 B14.49 B25.48 B28.98 B31.27 B
Market Capitalization17.41 B23.68 B26.02 B34.81 B48.08 B51.88 B
Tangible Asset Value15.71 B21.65 B32.07 B41.68 B50.78 B54.79 B
Working Capital(629 M)27 M7.39 B1.81 B2.73 B2.95 B

Centene Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Centene Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Centene Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Centene Fundamentals

About Centene Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Centene Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Centene Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Centene Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2022
Current Liabilities25.8 B27.8 B
Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Centene Corporation was founded in 1984 and is headquartered in St. Centene Corp operates under Healthcare Plans classification in the United States and is traded on New York Stock Exchange. It employs 72500 people.

Centene Corp Investors Sentiment

The influence of Centene Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Centene. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Centene Corp's public news can be used to forecast risks associated with investment in Centene. The trend in average sentiment can be used to explain how an investor holding Centene can time the market purely based on public headlines and social activities around Centene Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Centene Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Centene Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Centene Corp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Centene Corp.

Centene Corp Implied Volatility

    
  25.6  
Centene Corp's implied volatility exposes the market's sentiment of Centene Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Centene Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Centene Corp stock will not fluctuate a lot when Centene Corp's options are near their expiration.
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 Centene Corp 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, Centene Corp's short interest history, or implied volatility extrapolated from Centene Corp options trading.

Current Sentiment - CNC

Centene Corp Investor Sentiment

Greater number of Macroaxis users are currently bullish on Centene Corp. What is your opinion about investing in Centene Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

Pair Trading with Centene Corp

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 Centene Corp 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 Centene Corp will appreciate offsetting losses from the drop in the long position's value.

Centene Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

The ability to find closely correlated positions to Centene Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Centene Corp 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 Centene Corp - 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 Centene Corp to buy it.
The correlation of Centene Corp 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 Centene Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Centene Corp 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 Centene Corp 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 Centene Corp Piotroski F Score and Centene Corp Altman Z Score analysis. Note that the Centene Corp information on this page should be used as a complementary analysis to other Centene Corp'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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Centene Corp price analysis, check to measure Centene Corp'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 Centene Corp is operating at the current time. Most of Centene Corp's value examination focuses on studying past and present price action to predict the probability of Centene Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Centene Corp's price. Additionally, you may evaluate how the addition of Centene Corp to your portfolios can decrease your overall portfolio volatility.
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Is Centene Corp'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 Centene Corp. If investors know Centene 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 Centene 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 YOY
0.21
Market Capitalization
49.6 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
0.0312
Return On Equity
0.0553
The market value of Centene Corp is measured differently than its book value, which is the value of Centene that is recorded on the company's balance sheet. Investors also form their own opinion of Centene Corp's value that differs from its market value or its book value, called intrinsic value, which is Centene 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 Centene Corp's market value can be influenced by many factors that don't directly affect Centene 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 Centene Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Centene Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Centene 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.