Centene Corporation

Centene Corporationverified

CNC

Price:

$70.83

Market Cap:

$37.26B

Centene Corporation operates as a multi-national healthcare enterprise that provides programs and services to under-insured and uninsured individuals in the United States. Its Managed Care segment offers health plan coverage to individuals through government subsidized programs, including Medicaid, the State children's health insurance program, long-term services and support, foster care, and medicare-medicaid plans, which cover dually eligible individuals, as well as aged, blind, or disabled programs. Its health plans include primary and specialty physician care, inpatient and outpatient hospital care, emergency and urgent care, prenatal care, laboratory and X-ray, home-based primary care, ...[Read more]

Industry

Medical - Healthcare Plans

IPO Date

2001-12-13

Stock Exchange

NYSE

Ticker

CNC

The Current Ratio as of September 2024 (TTM) for Centene Corporation (CNC) is 1.17

According to Centene Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.17. This represents a change of 2.49% compared to the average of 1.14 of the last 4 quarters.

Centene Corporation (CNC) Historical Current Ratio (quarterly & annually)

How has CNC Current Ratio performed in the past?

The mean historical Current Ratio of Centene Corporation over the last ten years is 1.09. The current 1.17 Current Ratio has changed 10.69% with respect to the historical average. Over the past ten years (40 quarters), CNC's Current Ratio was at its highest in in the December 2019 quarter at 1.57. The Current Ratio was at its lowest in in the September 2016 quarter at 0.86.

Quarterly (TTM)
Annual

Average

1.09

Median

1.05

Minimum

0.93

Maximum

1.57

Centene Corporation (CNC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Centene Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 56.80%

Maximum Annual Current Ratio = 1.57

Minimum Annual Increase = -31.04%

Minimum Annual Current Ratio = 0.93

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.114.87%
20221.06-4.30%
20211.112.06%
20201.08-31.04%
20191.5756.80%
20181.007.47%
20170.93-3.86%
20160.97-2.35%
20150.99-5.05%
20141.05-9.39%

Centene Corporation (CNC) Average Current Ratio

How has CNC Current Ratio performed in the past?

The current Current Ratio of Centene Corporation (CNC) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.09

5-year avg

1.19

10-year avg

1.09

Centene Corporation (CNC) Current Ratio vs. Peers

How is CNC’s Current Ratio compared to its peers?

Centene Corporation’s Current Ratio is greater than Humana Inc. (0.28), less than Elevance Health Inc. (1.49), greater than UnitedHealth Group Incorporated (0.88), greater than CVS Health Corporation (0.86), less than Alignment Healthcare, Inc. (1.61), greater than Cigna Corporation (0.83), less than Molina Healthcare, Inc. (1.57), greater than Oscar Health, Inc. (0.96), greater than Bright Health Group, Inc. (0.78),

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