Elevance Health (WBO:ELV) Debt-to-Revenue : 0.16 (As of Mar. 2024)

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What is Elevance Health Debt-to-Revenue?

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

Elevance Health's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €4,117 Mil. Elevance Health's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €20,218 Mil. Elevance Health's annualized Revenue for the quarter that ended in Mar. 2024 was €156,683 Mil. Elevance Health's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.16.

Elevance Health Debt-to-Revenue Historical Data

The historical data trend for Elevance Health'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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Elevance Health Debt-to-Revenue Chart

Elevance Health Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

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0.19

0.16

0.17

0.15

Elevance Health Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial															0.15	0.14	0.15	0.15	0.16

Competitive Comparison of Elevance Health's Debt-to-Revenue

For the Healthcare Plans subindustry, Elevance Health'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.

Elevance Health's Debt-to-Revenue Distribution in the Healthcare Plans Industry

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

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

Elevance Health Debt-to-Revenue Calculation

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

Elevance Health'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
	=	(1718.458	+	21316.582)	/	157118.78
	=	0.15

Elevance Health's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(4117	+	20217.92)	/	156683.36
	=	0.16

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 (Mar. 2024) Revenue data.

Elevance Health Debt-to-Revenue Related Terms

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Elevance Health (WBO:ELV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Elevance Health Inc (WBO:ELV) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

ELV:USA ELV:Mexico A58:Germany

Address

220 Virginia Avenue, Indianapolis, IN, USA, 46204

Website

https://www.elevancehealth.com

Elevance Health remains one of the leading health insurers in the U.S., providing medical benefits to 48 million medical members as of June 2023. The company offers employer, individual, and government-sponsored coverage plans. Elevance differs from its peers in its unique position as the largest single provider of Blue Cross Blue Shield branded coverage, operating as the licensee for the Blue Cross Blue Shield Association in 14 states. Through acquisitions, such as the Amerigroup deal in 2012 and MMM in 2021, Elevance's reach expands beyond those states through government-sponsored programs such as Medicaid and Medicare Advantage plans, too.