Centene Corporation (CNC) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 44.99B | 35.99B | 44.06B | 40.39B | 41.29B | 38B | 37.41B | 38.41B | 38.45B | 40.76B | 41.41B | 34.87B | 35.01B | 30.13B | 33.27B | 32.41B | 31.11B | 28.5B | 28.06B | 25.46B |
| Cash & Short-Term Investments | 23.74B | 17.89B | 19.24B | 17.28B | 17.29B | 16.68B | 17.57B | 20.21B | 19.67B | 19.65B | 20.43B | 19.38B | 17.99B | 14.39B | 17.18B | 15.23B | 12.9B | 14.66B | 14.94B | 12.58B |
| Cash Only | 21.26B | 17.89B | 17.06B | 14.51B | 14.81B | 14.06B | 14.58B | 17.61B | 17.59B | 17.19B | 18.19B | 17.17B | 15.85B | 12.07B | 14.99B | 13.44B | 11.24B | 13.12B | 13.42B | 11.02B |
| Short-Term Investments | 2.48B | 0 | 2.18B | 2.77B | 2.47B | 2.62B | 2.99B | 2.61B | 2.08B | 2.46B | 2.24B | 2.21B | 2.13B | 2.32B | 2.19B | 1.79B | 1.67B | 1.54B | 1.52B | 1.57B |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Days Sales Outstanding | 33.82 | 38.13 | 41.34 | 41.06 | 40.68 | 42.83 | 38.17 | 38.16 | 36.43 | 36.18 | 35.19 | 34.86 | 32.96 | 34.98 | 35.81 | 38.39 | 34.38 | 33.55 | 32.25 | 33.44 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.82B | 0 | 1.72B | 1.56B | 1.56B | 1.6B | 1.56B | 1.6B | 1.96B | 5.57B | 5.47B | 1.88B | 1.81B | 2.46B | 2.33B | 3.02B | 2.04B | 1.6B | 1.6B | 1.68B |
| Total Non-Current Assets | 36.19B | 41.67B | 38.02B | 46.01B | 45.76B | 44.45B | 44.94B | 44.73B | 44.18B | 43.88B | 42.98B | 47.99B | 47.97B | 46.74B | 47.9B | 48.65B | 51.79B | 49.88B | 49.69B | 46.08B |
| Property, Plant & Equipment | 2.09B | 2.35B | 2.16B | 2.12B | 2.04B | 2.43B | 2.04B | 2.04B | 1.99B | 2.42B | 2.43B | 5.03B | 5.06B | 4.99B | 4.93B | 5.28B | 7.07B | 6.96B | 6.94B | 4.21B |
| Fixed Asset Turnover | 22.48x | 22.03x | 23.20x | 23.40x | 20.86x | 18.27x | 20.58x | 19.77x | 18.35x | 16.28x | 10.19x | 7.46x | 7.75x | 7.17x | 7.02x | 5.82x | 5.30x | 4.69x | 5.81x | 7.41x |
| Goodwill | 10.84B | 10.84B | 10.84B | 17.56B | 17.56B | 17.56B | 17.56B | 17.56B | 17.56B | 17.56B | 17.56B | 18.72B | 18.84B | 18.81B | 20.04B | 20.31B | 20.9B | 19.77B | 19.7B | 18.8B |
| Intangible Assets | 4.36B | 4.53B | 4.84B | 5.01B | 5.24B | 5.41B | 5.58B | 5.75B | 5.93B | 6.1B | 6.28B | 6.52B | 6.73B | 6.91B | 7.52B | 7.67B | 8.14B | 7.82B | 8.14B | 8.07B |
| Long-Term Investments | 16.6B | 20.88B | 18.18B | 18.8B | 18.27B | 17.43B | 17.69B | 16.87B | 16.5B | 16.29B | 15.23B | 16.11B | 15.83B | 14.68B | 14.05B | 13.67B | 14.13B | 14.04B | 13.56B | 13.47B |
| Other Non-Current Assets | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Assets | 81.17B | 77.66B | 82.09B | 86.39B | 87.04B | 82.44B | 82.35B | 83.14B | 82.62B | 84.64B | 84.38B | 82.85B | 82.98B | 76.87B | 81.17B | 81.06B | 82.9B | 78.38B | 77.74B | 71.54B |
| Asset Turnover | 0.63x | 0.62x | 0.59x | 0.56x | 0.55x | 0.50x | 0.51x | 0.48x | 0.48x | 0.47x | 0.45x | 0.45x | 0.49x | 0.45x | 0.44x | 0.44x | 0.46x | 0.42x | 0.43x | 0.44x |
| Asset Growth % | -6.74% | -5.8% | -0.32% | 3.92% | 5.35% | -2.59% | -2.41% | 0.34% | -0.43% | 10.11% | 3.95% | 2.21% | 0.1% | -1.92% | 4.41% | 13.31% | 17.95% | 14.05% | 13.72% | 4.67% |
| Total Current Liabilities | 40.05B | 21.48B | 40.63B | 36.79B | 37.14B | 34.26B | 34.06B | 32.73B | 32.78B | 36.72B | 36.85B | 31.31B | 32.86B | 28.46B | 31.33B | 29.09B | 29.68B | 25.77B | 25.04B | 23.64B |
| Accounts Payable | 16.83B | 20.54B | 16.88B | 13.52B | 13.95B | 13.02B | 13.34B | 12.23B | 12.13B | 16.25B | 14.91B | 9.69B | 10.6B | 9.35B | 9.8B | 9.1B | 9.77B | 8.29B | 7.89B | 7.85B |
| Days Payables Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Short-Term Debt | 63M | 196M | 38M | 25M | 12M | 110M | 111M | 112M | 113M | 119M | 113M | 110M | 97M | 82M | 249M | 300M | 292M | 267M | 245M | 253M |
| Deferred Revenue (Current) | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Liabilities | 5.37B | -50M | 21.49B | 20.12B | 19.91B | 18.31B | 18B | 18.17B | 18.11B | 18B | 17.14B | 16.88B | 17.5B | 16.75B | 16.46B | 16.58B | 16.26B | 14.24B | 14.1B | 12.76B |
| Current Ratio | 1.12x | 1.68x | 1.08x | 1.10x | 1.11x | 1.11x | 1.10x | 1.17x | 1.17x | 1.11x | 1.12x | 1.11x | 1.07x | 1.06x | 1.06x | 1.11x | 1.05x | 1.11x | 1.12x | 1.08x |
| Quick Ratio | 1.12x | 1.68x | 1.08x | 1.10x | 1.11x | 1.11x | 1.10x | 1.17x | 1.17x | 1.11x | 1.12x | 1.11x | 1.07x | 1.06x | 1.06x | 1.11x | 1.05x | 1.11x | 1.12x | 1.08x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 19.6B | 36.13B | 20.4B | 22.11B | 21.88B | 21.67B | 20.88B | 22.95B | 22.78B | 21.97B | 22.11B | 25.76B | 24.94B | 24.17B | 24.24B | 25.41B | 25.79B | 25.59B | 26.03B | 21.77B |
| Long-Term Debt | 16.31B | 17.97B | 17.55B | 17.55B | 18.31B | 18.42B | 17.49B | 17.52B | 17.89B | 17.71B | 17.89B | 17.9B | 18.22B | 17.94B | 18.08B | 18.46B | 18.64B | 18.57B | 18.59B | 16.54B |
| Capital Lease Obligations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | 59.65B | 57.6B | 61.03B | 58.89B | 59.02B | 55.94B | 54.94B | 55.68B | 55.56B | 58.69B | 58.97B | 57.07B | 57.8B | 52.63B | 55.57B | 54.5B | 55.47B | 51.35B | 51.07B | 45.41B |
| Total Debt | 16.37B | 18.78B | 17.58B | 17.58B | 18.32B | 19.43B | 17.61B | 17.63B | 18B | 18.88B | 19.11B | 21.35B | 21.64B | 21.33B | 21.56B | 22.23B | 22.67B | 22.66B | 22.7B | 18.31B |
| Net Debt | -4.89B | 889M | 525M | 3.06B | 3.5B | 5.37B | 3.03B | 23M | 415M | 1.68B | 917M | 4.18B | 5.79B | 9.26B | 6.58B | 8.79B | 11.43B | 9.54B | 9.28B | 7.29B |
| Debt / Equity | 0.76x | 0.94x | 0.84x | 0.64x | 0.65x | 0.73x | 0.64x | 0.64x | 0.67x | 0.73x | 0.75x | 0.83x | 0.86x | 0.88x | 0.84x | 0.84x | 0.83x | 0.84x | 0.85x | 0.70x |
| Debt / EBITDA | 7.23x | - | - | - | 9.91x | 39.73x | 18.00x | 11.48x | 12.73x | 156.01x | 17.97x | 14.27x | 14.03x | 229.39x | 25.76x | 94.99x | 13.80x | 23.10x | 24.51x | - |
| Net Debt / EBITDA | -2.16x | - | - | - | 1.90x | 10.97x | 3.10x | 0.01x | 0.29x | 13.92x | 0.86x | 2.80x | 3.75x | 99.56x | 7.86x | 37.58x | 6.96x | 9.73x | 10.02x | - |
| Interest Coverage | 13.80x | -10.36x | -38.26x | -0.51x | 11.27x | 3.02x | 6.23x | 9.61x | 9.28x | 1.13x | 5.24x | 8.82x | 8.73x | 1.24x | 6.97x | -0.46x | 8.18x | 5.28x | 5.24x | -2.33x |
| Total Equity | 21.5B | 20.06B | 21.05B | 27.5B | 28.02B | 26.51B | 27.41B | 27.46B | 27.06B | 25.96B | 25.42B | 25.79B | 25.19B | 24.24B | 25.6B | 26.56B | 27.43B | 27.02B | 26.67B | 26.13B |
| Equity Growth % | -23.26% | -24.35% | -23.18% | 0.17% | 3.53% | 2.13% | 7.84% | 6.48% | 7.46% | 7.09% | -0.72% | -2.92% | -8.18% | -10.31% | -4.03% | 1.66% | 3.37% | 4.08% | 3.07% | 3.66% |
| Book Value per Share | 43.39 | 40.84 | 42.87 | 55.73 | 56.24 | 52.81 | 52.35 | 51.73 | 50.30 | 48.28 | 46.96 | 46.86 | 45.47 | 43.29 | 44.09 | 45.51 | 46.44 | 45.66 | 45.16 | 44.83 |
| Total Shareholders' Equity | 21.43B | 19.95B | 20.95B | 27.41B | 27.92B | 26.41B | 27.31B | 27.35B | 26.96B | 25.84B | 25.3B | 25.67B | 25.04B | 24.06B | 25.38B | 26.29B | 27.17B | 26.8B | 26.47B | 25.91B |
| Common Stock | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M | 1M |
| Retained Earnings | 10.21B | 8.67B | 9.78B | 16.41B | 16.66B | 15.35B | 15.06B | 14.35B | 13.21B | 12.04B | 12B | 11.53B | 10.47B | 9.34B | 9.55B | 8.82B | 8.99B | 8.14B | 7.54B | 6.96B |
| Treasury Stock | -9.44B | -9.44B | -9.44B | -9.44B | -9.04B | -9B | -8.05B | -6.82B | -6.01B | -5.86B | -5.83B | -5.04B | -4.64B | -4.21B | -2.56B | -1.51B | -1.17B | -1.09B | -845M | -830M |
| Accumulated OCI | -171M | -58M | -100M | -231M | -337M | -504M | -226M | -646M | -630M | -652M | -1.12B | -998M | -915M | -1.13B | -1.39B | -913M | -485M | 77M | 176M | 239M |
| Minority Interest | 75M | 103M | 107M | 97M | 103M | 100M | 102M | 106M | 106M | 116M | 121M | 116M | 144M | 180M | 222M | 274M | 261M | 227M | 208M | 217M |