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The Cigna Group (WBO:CIGN) Debt-to-Revenue : 0.13 (As of Sep. 2024)


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What is The Cigna Group Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

The Cigna Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €2,317 Mil. The Cigna Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €27,237 Mil. The Cigna Group's annualized Revenue for the quarter that ended in Sep. 2024 was €226,234 Mil. The Cigna Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 was 0.13.


The Cigna Group Debt-to-Revenue Historical Data

The historical data trend for The Cigna Group's Debt-to-Revenue can be seen below:

* 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.

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The Cigna Group Debt-to-Revenue Chart

The Cigna Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.21 0.19 0.17 0.16

The Cigna Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.15 0.15 0.13 0.13

Competitive Comparison of The Cigna Group's Debt-to-Revenue

For the Healthcare Plans subindustry, The Cigna Group's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Cigna Group's Debt-to-Revenue Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, The Cigna Group's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where The Cigna Group's Debt-to-Revenue falls into.



The Cigna Group Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

The Cigna Group's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2544.675 + 25818.135) / 178986.479
=0.16

The Cigna Group's annualized Debt-to-Revenue for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(2317.372 + 27237.23) / 226233.892
=0.13

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2024) Revenue data.


The Cigna Group Debt-to-Revenue Related Terms

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The Cigna Group Business Description

Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM and specialty pharmacy 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, and the company operates mostly in the US with 17 million US and 2 million international medical members covered as of September 2024.

The Cigna Group Headlines

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