Stock Analysis on Net
Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

Common-Size Balance Sheet: Liabilities and Stockholders’ Equity

Elevance Health Inc., common-size consolidated balance sheet: liabilities and stockholders’ equity

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Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Medical claims payable 13.47 14.79 15.18 13.87 13.11
Other policyholder liabilities 3.60 5.14 5.77 5.66 5.30
Unearned income 1.29 1.29 1.08 1.18 1.45
Accounts payable and accrued expenses 5.93 6.34 5.46 5.10 6.34
Short-term borrowings 0.31 0.21 0.26 0.28 0.00
Current portion of long-term debt 1.41 1.51 1.46 1.64 0.81
Other current liabilities 8.58 9.08 9.42 8.05 6.99
Liabilities held for sale 0.13 0.00 0.00 0.00 0.00
Current liabilities 34.72% 38.37% 38.63% 35.79% 34.00%
Long-term debt, less current portion 25.00 21.34 21.75 21.71 22.32
Reserves for future policy benefits 0.16 0.71 0.72 0.82 0.92
Deferred tax liabilities, net 1.84 1.81 1.98 2.88 2.33
Other noncurrent liabilities 2.85 1.60 1.52 1.73 2.10
Noncurrent liabilities 29.84% 25.46% 25.96% 27.14% 27.67%
Total liabilities 64.56% 63.82% 64.59% 62.93% 61.67%
Preferred stock, without par value; shares issued and outstanding: none 0.00 0.00 0.00 0.00 0.00
Common stock, par value $0.01 0.00 0.00 0.00 0.00 0.00
Additional paid-in capital 7.62 8.14 8.84 9.39 10.67
Retained earnings 28.70 29.15 28.92 27.79 27.48
Accumulated other comprehensive income (loss) -0.98 -1.21 -2.44 -0.18 0.17
Shareholders’ equity 35.35% 36.08% 35.33% 37.00% 38.33%
Noncontrolling interests 0.09 0.09 0.08 0.07 0.00
Total equity 35.44% 36.18% 35.41% 37.07% 38.33%
Total liabilities and equity 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).

Balance sheet item Description The company
Current liabilities Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Elevance Health Inc. current liabilities as a percentage of total liabilities and equity decreased from 2022 to 2023 and from 2023 to 2024.
Noncurrent liabilities Amount of obligation due after one year or beyond the normal operating cycle, if longer. Elevance Health Inc. noncurrent liabilities as a percentage of total liabilities and equity decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.
Total liabilities Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Elevance Health Inc. total liabilities as a percentage of total liabilities and equity decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Shareholders’ equity Total of all stockholders’ equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity stockholders’ equity attributable to the parent excludes the amount of stockholders’ equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Elevance Health Inc. shareholders’ equity as a percentage of total liabilities and equity increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.