Cigna Total Other Income Expense Net vs Operating Income Analysis

CI Stock  USD 332.61  5.22  1.55%   
Cigna Corp financial indicator trend analysis is way more than just evaluating Cigna Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Cigna Corp is a good investment. Please check the relationship between Cigna Corp Total Other Income Expense Net and its Operating Income accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.

Total Other Income Expense Net vs Operating Income

Total Other Income Expense Net vs Operating Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Cigna Corp Total Other Income Expense Net account and Operating Income. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Cigna Corp's Total Other Income Expense Net and Operating Income is -0.43. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Operating Income in the same time period over historical financial statements of Cigna Corp, assuming nothing else is changed. The correlation between historical values of Cigna Corp's Total Other Income Expense Net and Operating Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Cigna Corp are associated (or correlated) with its Operating Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Operating Income has no effect on the direction of Total Other Income Expense Net i.e., Cigna Corp's Total Other Income Expense Net and Operating Income go up and down completely randomly.

Correlation Coefficient

-0.43
Relationship DirectionNegative 
Relationship StrengthVery Weak

Total Other Income Expense Net

Operating Income

Operating Income is the amount of profit realized from Cigna Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Cigna Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most indicators from Cigna Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Cigna Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.As of now, Cigna Corp's Enterprise Value Multiple is increasing as compared to previous years. The Cigna Corp's current Enterprise Value is estimated to increase to about 120.7 B, while Selling General Administrative is projected to decrease to under 10.2 B.
 2021 2022 2023 2024 (projected)
Gross Profit140.7B148.4B158.9B166.8B
Total Revenue174.3B180.6B195.2B204.9B

Cigna Corp fundamental ratios Correlations

0.940.930.940.660.660.010.790.870.990.460.930.880.930.050.77-0.23-0.60.9-0.590.90.950.580.660.94-0.94
0.940.970.990.720.630.00.90.870.970.610.990.960.920.10.84-0.26-0.50.97-0.450.930.990.570.70.98-0.97
0.930.970.930.850.570.020.880.780.940.680.980.980.90.130.91-0.29-0.60.98-0.570.910.970.520.810.99-0.98
0.940.990.930.650.670.020.870.890.960.550.970.920.90.090.8-0.21-0.470.95-0.410.920.980.550.590.96-0.95
0.660.720.850.650.26-0.080.720.330.670.780.770.860.640.090.93-0.38-0.470.84-0.530.650.740.130.820.82-0.8
0.660.630.570.670.260.30.550.710.680.240.610.550.470.380.40.27-0.280.57-0.080.610.640.450.30.59-0.64
0.010.00.020.02-0.080.30.030.120.03-0.03-0.020.07-0.010.91-0.070.89-0.4-0.01-0.110.170.09-0.150.060.05-0.07
0.790.90.880.870.720.550.030.730.830.820.910.930.720.190.8-0.22-0.250.92-0.290.820.890.490.720.89-0.88
0.870.870.780.890.330.710.120.730.890.310.840.720.830.120.53-0.08-0.50.76-0.370.860.860.770.470.8-0.81
0.990.970.940.960.670.680.030.830.890.50.960.90.930.090.79-0.21-0.580.93-0.550.920.970.580.660.96-0.95
0.460.610.680.550.780.24-0.030.820.310.50.680.780.370.20.79-0.25-0.060.75-0.160.580.60.270.70.66-0.66
0.930.990.980.970.770.61-0.020.910.840.960.680.970.890.090.89-0.3-0.510.99-0.480.930.980.580.730.99-0.98
0.880.960.980.920.860.550.070.930.720.90.780.970.840.210.92-0.22-0.480.99-0.460.890.960.430.80.98-0.97
0.930.920.90.90.640.47-0.010.720.830.930.370.890.84-0.010.72-0.32-0.690.86-0.660.880.930.540.660.91-0.87
0.050.10.130.090.090.380.910.190.120.090.20.090.21-0.010.070.85-0.270.120.090.170.19-0.130.250.15-0.18
0.770.840.910.80.930.4-0.070.80.530.790.790.890.920.720.07-0.34-0.460.93-0.460.750.840.290.710.9-0.9
-0.23-0.26-0.29-0.21-0.380.270.89-0.22-0.08-0.21-0.25-0.3-0.22-0.320.85-0.34-0.05-0.290.28-0.16-0.18-0.31-0.26-0.240.2
-0.6-0.5-0.6-0.47-0.47-0.28-0.4-0.25-0.5-0.58-0.06-0.51-0.48-0.69-0.27-0.46-0.05-0.480.82-0.63-0.58-0.3-0.53-0.590.57
0.90.970.980.950.840.57-0.010.920.760.930.750.990.990.860.120.93-0.29-0.48-0.460.90.970.490.760.99-0.98
-0.59-0.45-0.57-0.41-0.53-0.08-0.11-0.29-0.37-0.55-0.16-0.48-0.46-0.660.09-0.460.280.82-0.46-0.61-0.5-0.23-0.51-0.530.5
0.90.930.910.920.650.610.170.820.860.920.580.930.890.880.170.75-0.16-0.630.9-0.610.940.610.660.92-0.92
0.950.990.970.980.740.640.090.890.860.970.60.980.960.930.190.84-0.18-0.580.97-0.50.940.540.730.99-0.98
0.580.570.520.550.130.45-0.150.490.770.580.270.580.430.54-0.130.29-0.31-0.30.49-0.230.610.540.450.49-0.5
0.660.70.810.590.820.30.060.720.470.660.70.730.80.660.250.71-0.26-0.530.76-0.510.660.730.450.76-0.73
0.940.980.990.960.820.590.050.890.80.960.660.990.980.910.150.9-0.24-0.590.99-0.530.920.990.490.76-0.99
-0.94-0.97-0.98-0.95-0.8-0.64-0.07-0.88-0.81-0.95-0.66-0.98-0.97-0.87-0.18-0.90.20.57-0.980.5-0.92-0.98-0.5-0.73-0.99
Click cells to compare fundamentals

Cigna Corp Account Relationship Matchups

Cigna Corp fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets155.8B155.5B154.9B143.9B147.9B89.0B
Short Long Term Debt Total37.4B32.9B33.7B31.1B31.5B33.1B
Total Stockholder Equity45.3B50.3B47.1B44.9B46.2B48.5B
Net Debt32.8B22.7B28.6B25.2B23.7B24.8B
Retained Earnings20.2B28.6B32.6B37.9B41.7B43.7B
Other Assets47.9B41.2B44.0B32.2B37.0B23.6B
Common Stock Shares Outstanding379.8M368.4M341.0M313.1M296.9M365.5M
Liabilities And Stockholders Equity155.8B155.5B154.9B143.9B147.9B89.0B
Non Current Liabilities Total41.3B38.5B39.5B10.8B52.9B55.5B
Other Stockholder Equity26.1B22.6B15.4B8.4B6.4B6.8B
Total Liab110.4B105.1B107.7B99.0B101.6B74.9B
Total Current Liabilities21.1B22.2B9.2B10.8B48.7B51.2B
Property Plant And Equipment Net4.4B4.2B4.0B3.8B4.1B4.3B
Non Current Assets Total86.5B85.4B84.8B83.0B110.6B116.1B
Non Currrent Assets Other(1.3B)(1.3B)(1.7B)(1.1B)(10.4B)(10.9B)
Cash And Short Term Investments5.6B11.5B6.0B6.8B8.7B14.4B
Net Receivables15.8B17.4B20.1B22.0B23.7B24.9B
Short Term Investments937M1.3B920M905M925M878.8M
Other Current Assets11.8B2.3B12.3B2.2B37.4B27.7B
Property Plant And Equipment Gross1.6B4.6B4.4B4.2B4.8B5.1B
Total Current Assets21.4B28.9B26.1B28.8B37.4B48.7B
Short Term Debt5.5B3.4B2.5B3.0B2.9B3.0B
Intangible Assets36.6B35.2B34.1B32.5B30.9B32.4B
Accounts Payable15.5B18.8B6.7B7.8B8.6B8.5B
Cash4.6B10.2B5.1B5.9B7.8B8.2B
Good Will44.5B44.6B44.6B45.8B44.3B46.5B
Accumulated Other Comprehensive Income(941M)(861M)(884M)(1.4B)(1.9B)(1.8B)
Other Liab37.9B39.5B33.0B29.3B26.4B29.0B
Long Term Debt31.8B29.5B31.1B28.0B28.2B29.6B
Treasury Stock(2.2B)(6.4B)(14.2B)(21.8B)(19.7B)(18.7B)
Property Plant Equipment5.0B4.2B3.7B4.1B4.8B5.0B
Retained Earnings Total Equity20.2B28.6B32.6B37.9B43.6B45.7B
Inventory2.7B3.2B3.7B4.8B5.6B5.9B
Deferred Long Term Liab9.4B8.9B8.3B7.8B8.9B9.4B
Other Current Liab(21.1B)(22.2B)(9.2B)(10.8B)37.3B39.1B
Net Tangible Assets(35.8B)(29.4B)(32.8B)(33.4B)(30.0B)(28.5B)

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When determining whether Cigna Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cigna Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cigna Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cigna Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Cigna Corp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in Cigna Stock please use our How to Invest in Cigna Corp guide.
You can also try the Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running Cigna Corp's price analysis, check to measure Cigna Corp'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 Cigna Corp is operating at the current time. Most of Cigna Corp's value examination focuses on studying past and present price action to predict the probability of Cigna Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cigna Corp's price. Additionally, you may evaluate how the addition of Cigna Corp to your portfolios can decrease your overall portfolio volatility.
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Is Cigna Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cigna Corp. If investors know Cigna will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cigna Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.10)
Dividend Share
5.09
Earnings Share
12.17
Revenue Per Share
700.13
Quarterly Revenue Growth
0.193
The market value of Cigna Corp is measured differently than its book value, which is the value of Cigna that is recorded on the company's balance sheet. Investors also form their own opinion of Cigna Corp's value that differs from its market value or its book value, called intrinsic value, which is Cigna Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cigna Corp's market value can be influenced by many factors that don't directly affect Cigna Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cigna Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cigna Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cigna Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.