How do you interpret reinsurance recoverable — net noncurrent asset liability?

Changes reflect shifts in long-term risk management strategies and the duration of the underlying insurance contracts.

How does reinsurance recoverable — net noncurrent asset liability compare across companies?

Similar to 'Noncurrent Reinsurance Recoverables' reported by peers with long-term insurance or reinsurance contracts.

Humana HUM Reinsurance Recoverable — Net Noncurrent Asset Liability

Discontinued — last reported Q1 '18

Similar metrics at other companies

ALLInsurance lines other than short-duration — Recoverables

$83M-20.2%

RNRCorporate Non — Reinsurance Recoverables On Paid And Unpaid Losses

$17.85M-23.3%

HIGPersonal automobile physical damage — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

$0—

HIGAccident And Health Insurance — Reinsurance Recoverable For Unpaid Claims And Claims Adjustments

$1.65B+0.2%

HIGPackage Business — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

$40M+29.0%

HIGOther operations — Reinsurance Recoverable for Unpaid Claims and Claims Adjustments

$27M-37.2%

Other financials

Income statement

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Revenue$39.6B+23.5%

Operating income$1.8B-12.9%

Net income$1.2B-4.7%

EPS (diluted)$9.83-4.6%

Balance sheet

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Cash & equivalents$5.0B+16.5%

Total debt$14.0B+5.2%

Total equity$18.6B+4.7%

Total assets$55.3B+8.5%

Cash flow

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Operating cash flow$1.3B+279%

CapEx$121.0M+27.4%

Free cash flow$1.1B+380%

Valuation

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Market cap$43.3B-34.8%

Enterprise value$52.34B-27.2%

P/E13.7×-1.7×

P/S0.3×-0.2×

Profitability

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Operating margin2.7%-1.7pp

Net margin3%-0.1pp

FCF margin4.2%—

Returns & leverage

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Return on equity18.2%+0.9pp

Debt / equity0.8×0.0×

Current ratio1.8×-0.1×

Where this comes from

Reported directly by Humana in its filing.

Tagged under the XBRL concept hum:NetNoncurrentAssetLiability.

The official record: Humana’s 10-Q, filed May 2, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does reinsurance recoverable — net noncurrent asset liability mean?: The portion of net reinsurance recoverables expected to be settled after more than one year.
How do you interpret reinsurance recoverable — net noncurrent asset liability?: Changes reflect shifts in long-term risk management strategies and the duration of the underlying insurance contracts.
How does reinsurance recoverable — net noncurrent asset liability compare across companies?: Similar to 'Noncurrent Reinsurance Recoverables' reported by peers with long-term insurance or reinsurance contracts.