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 $31.3B, which brings its debt-to-equity ratio to 67.6%. Its total assets and total liabilities are $152.8B and $106.4B respectively. Cigna Group's EBIT is $8.9B making its interest coverage ratio 6.4. It has cash and short-term investments of $8.7B.
Key information
67.6%
Debt to equity ratio
US$31.34b
Debt
Interest coverage ratio | 6.4x |
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 ($37.4B) do not cover its short term liabilities ($48.7B).
Long Term Liabilities: CGN's short term assets ($37.4B) do not cover its long term liabilities ($57.7B).
Debt to Equity History and Analysis
Debt Level: CGN's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: CGN's debt to equity ratio has reduced from 103.4% to 67.6% over the past 5 years.
Debt Coverage: CGN's debt is well covered by operating cash flow (37.7%).
Interest Coverage: CGN's interest payments on its debt are well covered by EBIT (6.4x coverage).