Cigna Group Balance Sheet Health
Financial Health criteria checks 2/6
Cigna Group has a total shareholder equity of $42.3B and total debt of $33.8B, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are $157.6B and $115.3B respectively. Cigna Group's EBIT is $6.9B making its interest coverage ratio 4.6. It has cash and short-term investments of $6.8B.
Key information
79.9%
Debt to equity ratio
US$33.81b
Debt
| Interest coverage ratio | 4.6x |
| Cash | US$6.75b |
| Equity | US$42.30b |
| Total liabilities | US$115.34b |
| Total assets | US$157.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C1IC34's short term assets ($49.2B) do not cover its short term liabilities ($57.1B).
Long Term Liabilities: C1IC34's short term assets ($49.2B) do not cover its long term liabilities ($58.3B).
Debt to Equity History and Analysis
Debt Level: C1IC34's net debt to equity ratio (64%) is considered high.
Reducing Debt: C1IC34's debt to equity ratio has reduced from 86.4% to 79.9% over the past 5 years.
Debt Coverage: C1IC34's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: C1IC34's interest payments on its debt are well covered by EBIT (4.6x coverage).