The Cigna Group has the Financial Strength Rank of 5.
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:
1. The debt burden that the company has as measured by its
Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3.
Altman Z-Score.
The Cigna Group's Interest Coverage for the quarter that ended in Dec. 2023 was 1.52.
The Cigna Group's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.15.
Altman Z-Score does not apply to banks and insurance companies.
The Cigna Group Financial Strength Calculation
GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors
A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.
1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
The Cigna Group's Interest Expense for the
months ended in Dec. 2023 was $-360 Mil. Its Operating Income for the
months ended in Dec. 2023 was $0 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28,155 Mil.
The Cigna Group's Interest Coverage for the quarter that ended in Dec. 2023 is
The higher the ratio, the stronger the company's financial strength is.
2. Debt to revenue ratio. The lower, the better.
The Cigna Group's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is
3. Altman Z-Score.
Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
The zones of discrimination were as such:
When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.
Altman Z-Score does not apply to banks and insurance companies.
* 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 (The Cigna Group) Business Description
Traded in Other Exchanges
Address
900 Cottage Grove Road, Bloomfield, CT, USA, 06002
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 |
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