Stock Analysis on Net

Elevance Health Inc. (NYSE:ELV)

Balance Sheet: Assets

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Assets are resources controlled by the company as a result of past events and from which future economic benefits are expected to flow to the entity.

Elevance Health Inc., consolidated balance sheet: assets

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Cash and cash equivalents 8,288 6,526 7,387 4,880 5,741
Fixed maturity securities 25,201 29,614 25,952 26,267 23,433
Equity securities 1,192 229 953 1,881 1,559
Premium receivables 8,011 7,902 7,083 5,681 5,279
Self-funded receivables 5,044 4,558 4,663 4,010 2,849
Other receivables 6,016 5,405 4,298 3,749 2,830
Other current assets 4,700 5,795 5,281 4,654 4,060
Assets held for sale 490
Current assets 58,942 60,029 55,617 51,122 45,751
Fixed maturity securities 1,035 876 752 632 562
Other invested assets 9,749 6,107 5,685 5,225 4,285
Long-term investments 10,784 6,983 6,437 5,857 4,847
Property and equipment, net 4,652 4,359 4,316 3,919 3,483
Goodwill 28,277 25,317 24,383 24,228 21,691
Other intangible assets 12,094 10,273 10,315 10,615 9,405
Other noncurrent assets 2,140 1,967 1,704 1,719 1,438
Noncurrent assets 57,947 48,899 47,155 46,338 40,864
Total assets 116,889 108,928 102,772 97,460 86,615

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).


Assets: Selected Items

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Elevance Health Inc. current assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024.
Property and equipment, net Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Elevance Health Inc. property and equipment, net increased from 2022 to 2023 and from 2023 to 2024.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Elevance Health Inc. noncurrent assets increased from 2022 to 2023 and from 2023 to 2024.
Total assets Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Elevance Health Inc. total assets increased from 2022 to 2023 and from 2023 to 2024.

Current Assets: Selected Items

Balance sheet item Description The company
Cash and cash equivalents Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. Elevance Health Inc. cash and cash equivalents decreased from 2022 to 2023 but then increased from 2023 to 2024 exceeding 2022 level.