The Cigna Group (The Cigna Group) Scaled Net Operating Assets

: 0.46 (As of Dec. 2023)

View and export this data going back to 1982. Start your Free Trial

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Cigna Group's operating assets for the quarter that ended in Dec. 2023 was $144,014 Mil. The Cigna Group's operating liabilities for the quarter that ended in Dec. 2023 was $75,480 Mil. The Cigna Group's Total Assets for the quarter that ended in Sep. 2023 was $149,645 Mil. Therefore, The Cigna Group's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2023 was 0.46.

The Cigna Group Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

The Cigna Group's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(144939	-	75480)	/	143885
=	0.48

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	152761	-	7822
=	144939

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	106410	-	28155	-	2775
=	75480

The Cigna Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Dec. 2023 )
=	(Operating Assets (Q: Dec. 2023 )	-	Operating Liabilities (Q: Dec. 2023 ))	/	Total Assets (Q: Sep. 2023 )
=	(144014	-	75480)	/	149645
=	0.46

where

	Operating Assets		(Q: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	152761	-	8747
=	144014

	Operating Liabilities		(Q: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	106410	-	28155	-	2775
=	75480

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Cigna Group Scaled Net Operating Assets Related Terms

Thank you for viewing the detailed overview of The Cigna Group's Scaled Net Operating Assets provided by GuruFocus.com. Please click on the following links to see related term pages.

The Cigna Group (The Cigna Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (NYSE:CI) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CI:Mexico CGN:Germany CGN:Germany C1IC34:Brazil CIGN:Austria

Address

900 Cottage Grove Road, Bloomfield, CT, USA, 06002

Website

https://www.cigna.com

Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services, which were greatly expanded by its 2018 merger with Express Scripts, are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense and it recently won a deal with top-tier insurer Centene. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 18 million U.S. medical members covered as of the end of June 2023.

Executives

Cynthia Ryan	officer: EVP, CHRO	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Nicole S Jones	officer: EVP, General Counsel	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL18Y, PHILADELPHIA PA 19192
Agoglia Hoeltzel Mary T	officer: VP & Chief Accounting Officer	1601 CHESTNUT STREET, TWO LIBERTY PLACE, PHILADELPHIA PA 19192
Brian C Evanko	officer: President Government Business	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Everett Neville	officer: EVP, Strategy and Business Dev	ONE EXPRESS WAY, ST. LOUIS MO 63121
Paul A Sanford	officer: EVP Operations	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Z, PHILADELPHIA PA 19192
Phillip Ozuah	director	30 HUDSON STREET, FLOOR 33, JERSEY CITY NJ 07302
Donna F Zarcone	director	C/O HARLEY DAVIDSON, 3700 W. JUNEAU AVE, MILWAUKEE WI 53208
Michael W Triplett	officer: President, US Markets	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Elder Granger	director	5176 S. LEWISTON WAY, CENTENNIAL CO 80015
David Cordani	director, officer: President & CEO	THE CIGNA GROUP, 900 COTTAGE GROVE ROAD, BLOOMFIELD CT 06002
Jason D Sadler	officer: Pres., International Markets	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
Eric P Palmer	officer: EVP, Chief Financial Officer	1601 CHESTNUT STREET, SHAREHOLDER SERVICES TL05Y, PHILADELPHIA PA 19192
David J Brailer	officer: EVP & Chief Health Officer	4 PRESIDIO TERRACE, SAN FRANCISCO CA 94118
Charles Berg	officer: Pres, Govt Programs & Sr Advsr	48 MONROE TURNPIKE, TRUMBULL CT 06611