Centene Corporation

Centene Corporationverified

CNC

Price:

$60.37

Market Cap:

$30.48B

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 November 2024 (TTM) for Centene Corporation (CNC) is 1.10

According to Centene Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.10. This represents a change of -3.54% 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 1.10 Current Ratio has changed 10.00% 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 less than Humana Inc. (1.76), less than Elevance Health Inc. (1.50), greater than UnitedHealth Group Incorporated (0.91), greater than CVS Health Corporation (0.80), less than Alignment Healthcare, Inc. (1.60), greater than Cigna Corporation (0.86), less than Molina Healthcare, Inc. (1.55), greater than Oscar Health, Inc. (0.43), greater than Bright Health Group, Inc. (0.78),

Build a custom stock screener for Centene Corporation (CNC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Centene Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Centene Corporation (CNC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Centene Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Centene Corporation's Current Ratio?

How is the Current Ratio calculated for Centene Corporation (CNC)?

What is the highest Current Ratio for Centene Corporation (CNC)?

What is the 3-year average Current Ratio for Centene Corporation (CNC)?

What is the 5-year average Current Ratio for Centene Corporation (CNC)?

How does the current Current Ratio for Centene Corporation (CNC) compare to its historical average?