Centene Corp (CNC)

Exchange
NYSE
Symbol
CNC
Sector
Finance
Industry
Hospital & Medical Service Plans
Description
Centene Corporation is a large publicly traded company and a multi-line managed care enterprise that serves as a major intermediary for both government-sponsored and privately insured health care programs. It is a healthcare insurer that focuses on managed care for uninsured, underinsured, and low-income individuals.
Country
USA

Stock price

At close: October 3, 2024

  • Open
    72.62
  • High
    72.63
  • Low
    71.08
  • Close
    72.04
  • Volume
    3,864,400

Financial ratios

Dec 31, 2023

Activity ratios
Inventory turnover
—
Receivables turnover
—
Payables turnover
—
Working capital turnover
38.12
Days of inventory on hand (DOH)
—
Days of sales outstanding (DSO)
—
Number of days of payables
—
Fixed asset turnover
76.27
Total asset turnover
1.82
 Liquidity ratios
Current ratio
1.11
Quick ratio
0.54
Cash ratio
0.54
Cash conversion cycle
0.00
 Solvency ratios
Debt-to-assets ratio
0.21
Debt-to-capital ratio
0.41
Debt-to-equity ratio
0.69
Financial leverage ratio
3.28
Interest coverage
5.97
 Profitability ratios
Gross profit margin
11.45%
Operating profit margin
1.90%
Pretax margin
2.34%
Net profit margin
1.75%
Operating return on assets (Operating ROA)
3.46%
Return on assets (ROA)
3.19%
Return on total capital
9.93%
Return on equity (ROE)
10.46%