Cigna Group Balance Sheet Health
Financial Health criteria checks 3/6
Cigna Group has a total shareholder equity of $46.4B and total debt of $30.9B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are $152.8B and $106.4B respectively. Cigna Group's EBIT is $9.0B making its interest coverage ratio 6.2. It has cash and short-term investments of $8.7B.
Key information
66.7%
Debt to equity ratio
US$30.93b
Debt
Interest coverage ratio | 6.2x |
Cash | US$8.75b |
Equity | US$46.35b |
Total liabilities | US$106.41b |
Total assets | US$152.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CGN's short term assets ($34.3B) do not cover its short term liabilities ($46.6B).
Long Term Liabilities: CGN's short term assets ($34.3B) do not cover its long term liabilities ($59.8B).
Debt to Equity History and Analysis
Debt Level: CGN's net debt to equity ratio (47.9%) is considered high.
Reducing Debt: CGN's debt to equity ratio has reduced from 103.4% to 66.7% over the past 5 years.
Debt Coverage: CGN's debt is well covered by operating cash flow (38.2%).
Interest Coverage: CGN's interest payments on its debt are well covered by EBIT (6.2x coverage).