Elevance Health Stock Cash Flow From Operations

ELV Stock

USD 538.94 2.10 0.39%

Elevance Health fundamentals help investors to digest information that contributes to Elevance Health's financial success or failures. It also enables traders to predict the movement of Elevance Stock. The fundamental analysis module provides a way to measure Elevance Health's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Elevance Health stock.

Short Long Term Debt Total Total Assets

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Elevance Health Company Cash Flow From Operations Analysis

Elevance Health's Operating Cash Flow reveals the quality of a company's reported earnings and is calculated by deducting company's income taxes from earnings before interest, taxes, and depreciation (EBITDA). In other words, Operating Cash Flow refers to the amount of cash a firm generates from the sales or products or from rendering services. Operating Cash Flow typically excludes costs associated with long-term investments or investment in marketable securities and is usually used by investors or analysts to check on the quality of a company's earnings.

Operating Cash Flow

EBITDA

-

Taxes

More About Cash Flow From Operations | All Equity Analysis

Current Elevance Health Cash Flow From Operations

8.06 B

Most of Elevance Health's fundamental indicators, such as Cash Flow From Operations, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Elevance Health is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Elevance Cash Flow From Operations Driver Correlations

Understanding the fundamental principles of building solid financial models for Elevance Health is extremely important. It helps to project a fair market value of Elevance Stock properly, considering its historical fundamentals such as Cash Flow From Operations. Since Elevance Health's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Elevance Health's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Elevance Health's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Total Liab	Retained Earnings	Accounts Payable	Long Term Debt	Short Term Investments	Intangible Assets	Property Plant Equipment	Net Receivables	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Deferred Long Term Liab	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Capital Stock
Total Assets		0.99	0.93	0.84	0.81	0.79	0.98	0.98	0.9	0.76	0.76	0.75	0.58	0.09	0.77	0.98	0.43	0.2	0.94	-0.7	0.59	0.0	0.67	0.68	-0.58
Total Stockholder Equity	0.99		0.92	0.84	0.8	0.76	0.96	0.97	0.94	0.74	0.73	0.71	0.6	0.23	0.82	0.98	0.44	0.15	0.91	-0.69	0.53	-0.04	0.61	0.63	-0.52
Net Debt	0.93	0.92		0.73	0.68	0.68	0.97	0.87	0.89	0.6	0.61	0.62	0.63	0.19	0.74	0.95	0.59	0.01	0.82	-0.7	0.39	0.13	0.42	0.45	-0.38
Total Liab	0.84	0.84	0.73		0.98	0.97	0.82	0.81	0.81	0.96	0.96	0.95	0.47	0.04	0.84	0.87	0.43	0.33	0.9	-0.85	0.82	0.02	0.69	0.83	-0.77
Retained Earnings	0.81	0.8	0.68	0.98		0.97	0.78	0.77	0.73	0.99	0.99	0.96	0.5	-0.04	0.76	0.82	0.32	0.47	0.91	-0.82	0.85	-0.02	0.73	0.88	-0.8
Accounts Payable	0.79	0.76	0.68	0.97	0.97		0.78	0.74	0.7	0.97	0.97	0.99	0.4	-0.12	0.75	0.8	0.44	0.45	0.87	-0.84	0.84	0.02	0.72	0.86	-0.79
Long Term Debt	0.98	0.96	0.97	0.82	0.78	0.78		0.93	0.89	0.72	0.72	0.74	0.58	0.1	0.76	0.98	0.53	0.16	0.9	-0.73	0.51	0.08	0.59	0.59	-0.5
Short Term Investments	0.98	0.97	0.87	0.81	0.77	0.74	0.93		0.89	0.73	0.72	0.7	0.49	0.08	0.77	0.94	0.4	0.17	0.93	-0.63	0.59	-0.03	0.7	0.69	-0.6
Intangible Assets	0.9	0.94	0.89	0.81	0.73	0.7	0.89	0.89		0.65	0.64	0.63	0.5	0.43	0.91	0.95	0.58	-0.13	0.79	-0.7	0.44	0.04	0.41	0.47	-0.41
Property Plant Equipment	0.76	0.74	0.6	0.96	0.99	0.97	0.72	0.73	0.65		0.99	0.97	0.41	-0.13	0.71	0.76	0.28	0.53	0.88	-0.76	0.89	-0.03	0.78	0.93	-0.84
Net Receivables	0.76	0.73	0.61	0.96	0.99	0.97	0.72	0.72	0.64	0.99		0.98	0.46	-0.16	0.71	0.75	0.28	0.5	0.88	-0.82	0.89	0.01	0.76	0.91	-0.84
Total Current Assets	0.75	0.71	0.62	0.95	0.96	0.99	0.74	0.7	0.63	0.97	0.98		0.37	-0.19	0.69	0.75	0.42	0.51	0.85	-0.79	0.86	0.0	0.76	0.89	-0.82
Short Term Debt	0.58	0.6	0.63	0.47	0.5	0.4	0.58	0.49	0.5	0.41	0.46	0.37		0.11	0.34	0.59	0.01	0.13	0.58	-0.48	0.31	-0.2	0.21	0.31	-0.28
Common Stock	0.09	0.23	0.19	0.04	-0.04	-0.12	0.1	0.08	0.43	-0.13	-0.16	-0.19	0.11		0.48	0.21	0.22	-0.56	-0.08	-0.13	-0.44	0.0	-0.39	-0.4	0.5
Current Deferred Revenue	0.77	0.82	0.74	0.84	0.76	0.75	0.76	0.77	0.91	0.71	0.71	0.69	0.34	0.48		0.84	0.57	-0.11	0.72	-0.82	0.46	0.17	0.4	0.48	-0.41
Good Will	0.98	0.98	0.95	0.87	0.82	0.8	0.98	0.94	0.95	0.76	0.75	0.75	0.59	0.21	0.84		0.54	0.11	0.91	-0.76	0.54	0.04	0.56	0.61	-0.52
Deferred Long Term Liab	0.43	0.44	0.59	0.43	0.32	0.44	0.53	0.4	0.58	0.28	0.28	0.42	0.01	0.22	0.57	0.54		-0.14	0.26	-0.41	0.14	0.13	0.05	0.11	-0.12
Net Tangible Assets	0.2	0.15	0.01	0.33	0.47	0.45	0.16	0.17	-0.13	0.53	0.5	0.51	0.13	-0.56	-0.11	0.11	-0.14		0.35	-0.11	0.52	-0.33	0.57	0.64	-0.49
Long Term Debt Total	0.94	0.91	0.82	0.9	0.91	0.87	0.9	0.93	0.79	0.88	0.88	0.85	0.58	-0.08	0.72	0.91	0.26	0.35		-0.74	0.76	0.0	0.8	0.84	-0.75
Capital Surpluse	-0.7	-0.69	-0.7	-0.85	-0.82	-0.84	-0.73	-0.63	-0.7	-0.76	-0.82	-0.79	-0.48	-0.13	-0.82	-0.76	-0.41	-0.11	-0.74		-0.56	-0.35	-0.42	-0.54	0.5
Long Term Investments	0.59	0.53	0.39	0.82	0.85	0.84	0.51	0.59	0.44	0.89	0.89	0.86	0.31	-0.44	0.46	0.54	0.14	0.52	0.76	-0.56		-0.06	0.76	0.95	-0.99
Short Long Term Debt	0.0	-0.04	0.13	0.02	-0.02	0.02	0.08	-0.03	0.04	-0.03	0.01	0.0	-0.2	0.0	0.17	0.04	0.13	-0.33	0.0	-0.35	-0.06		-0.11	-0.11	0.07
Cash And Equivalents	0.67	0.61	0.42	0.69	0.73	0.72	0.59	0.7	0.41	0.78	0.76	0.76	0.21	-0.39	0.4	0.56	0.05	0.57	0.8	-0.42	0.76	-0.11		0.89	-0.79
Net Invested Capital	0.68	0.63	0.45	0.83	0.88	0.86	0.59	0.69	0.47	0.93	0.91	0.89	0.31	-0.4	0.48	0.61	0.11	0.64	0.84	-0.54	0.95	-0.11	0.89		-0.95
Capital Stock	-0.58	-0.52	-0.38	-0.77	-0.8	-0.79	-0.5	-0.6	-0.41	-0.84	-0.84	-0.82	-0.28	0.5	-0.41	-0.52	-0.12	-0.49	-0.75	0.5	-0.99	0.07	-0.79	-0.95

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Elevance Cash Flow From Operations Historical Pattern

Today, most investors in Elevance Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Elevance Health's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's cash flow from operations growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Elevance Health cash flow from operations as a starting point in their analysis.

Elevance Health Cash Flow From Operations

Timeline

Operating Cash Flow shows the difference between reported income and actual cash flows of the company. If a firm does not have enough cash or cash equivalents to cover its current liabilities, then both investors and management should be concerned about the company having enough liquid resources to meet current and long term debt obligations.

Competition

Predict Elevance Health

Total Cash From Operating Activities Over Time

Elevance Discontinued Operations

Discontinued Operations

11.59 Million

At this time, Elevance Health's Discontinued Operations is fairly stable compared to the past year.

In accordance with the recently published financial statements, Elevance Health has 8.06 B in Cash Flow From Operations. This is much higher than that of the Health Care Providers & Services sector and significantly higher than that of the Health Care industry. The cash flow from operations for all United States stocks is significantly lower than that of the firm.

Elevance Cash Flow From Operations Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Elevance Health's direct or indirect competition against its Cash Flow From Operations to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Elevance Health could also be used in its relative valuation, which is a method of valuing Elevance Health by comparing valuation metrics of similar companies.

Elevance Health is currently under evaluation in cash flow from operations category among its peers.

Elevance Health ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Elevance Health's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Elevance Health's managers, analysts, and investors.

Environmental

Governance

Social

Elevance Fundamentals

	Return On Equity	0.16
	Return On Asset	0.0578
	Profit Margin	0.04 %
	Operating Margin	0.08 %
	Current Valuation	115.55 B
	Shares Outstanding	232.42 M
	Shares Owned By Insiders	0.20 %
	Shares Owned By Institutions	91.32 %
	Number Of Shares Shorted	1.79 M
	Price To Earning	19.27 X
	Price To Book	2.94 X
	Price To Sales	0.68 X
	Revenue	171.34 B
	Gross Profit	40.11 B
	EBITDA	1.74 B
	Net Income	5.99 B
	Cash And Equivalents	7.39 B
	Cash Per Share	150.32 X
	Total Debt	25.12 B
	Debt To Equity	0.66 %
	Current Ratio	1.35 X
	Book Value Per Share	174.62 X
	Cash Flow From Operations	8.06 B
	Short Ratio	1.74 X
	Earnings Per Share	26.52 X
	Price To Earnings To Growth	1.14 X
	Target Price	609.25
	Number Of Employees	104.9 K
	Beta	0.83
	Market Capitalization	125.26 B
	Total Asset	108.93 B
	Retained Earnings	31.75 B
	Annual Yield	0.01 %
	Five Year Return	1.13 %
	Net Asset	108.93 B
	Last Dividend Paid	6.07

About Elevance Health Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Elevance Health's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Elevance Health using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Elevance Health based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Elevance Health

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Elevance Health position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Elevance Health will appreciate offsetting losses from the drop in the long position's value.

Moving against Elevance Stock

0.7	SDGR	Schrodinger	Pair Corr
0.67	PGNY	Progyny	Pair Corr
0.67	TDOC	Teladoc	Pair Corr
0.66	AMWL	American Well Corp	Pair Corr
0.65	DRUG	Bright Minds Biosciences	Pair Corr

The ability to find closely correlated positions to Elevance Health could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elevance Health when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Elevance Health - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Elevance Health to buy it.

The correlation of Elevance Health is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Elevance Health moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elevance Health moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Elevance Health can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Elevance Stock Analysis

When running Elevance Health's price analysis, check to measure Elevance Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Elevance Health is operating at the current time. Most of Elevance Health's value examination focuses on studying past and present price action to predict the probability of Elevance Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elevance Health's price. Additionally, you may evaluate how the addition of Elevance Health to your portfolios can decrease your overall portfolio volatility.

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