The Cigna Group (BSP:C1IC34) Scaled Net Operating Assets : 0.45 (As of Sep. 2024)

View and export this data going back to 2020. Start your Free Trial

What is The Cigna Group Scaled Net Operating Assets?

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 Sep. 2024 was R$835,582 Mil. The Cigna Group's operating liabilities for the quarter that ended in Sep. 2024 was R$457,084 Mil. The Cigna Group's Total Assets for the quarter that ended in Jun. 2024 was R$837,248 Mil. Therefore, The Cigna Group's scaled net operating assets (SNOA) for the quarter that ended in Sep. 2024 was 0.45.

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 )
=	(710172.112	-	369836.904)	/	754734.379
=	0.45

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	748498.348	-	38326.236
=	710172.112

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	521387.718	-	137953.869	-	13596.945
=	369836.904

The Cigna Group's Scaled Net Operating Assets (SNOA) for the quarter that ended in Sep. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Sep. 2024 )
=	(Operating Assets (Q: Sep. 2024 )	-	Operating Liabilities (Q: Sep. 2024 ))	/	Total Assets (Q: Jun. 2024 )
=	(835582.028	-	457084.474)	/	837247.701
=	0.45

where

	Operating Assets		(Q: Sep. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	872973.254	-	37391.226
=	835582.028

	Operating Liabilities		(Q: Sep. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	638735.39	-	167407.694	-	14243.222
=	457084.474

* 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 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » The Cigna Group (BSP:C1IC34) » Definitions » Scaled Net Operating Assets

Comparable Companies

Traded in Other Exchanges

CI:USA CI:Mexico 0A77:UK CGN:Germany CGN:Germany 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 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.