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Humana HUM Risk Adjustment Settlement — Accounts Payable And Accrued Liabilities Current

Discontinued — last reported Q1 '18

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MOHAmounts due government agencies
$1.69B-9.6%
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MOHReportable Legal Entities — Accounts Payable And Accrued Liabilities Current
$522M+146%
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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 us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent.

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

Questions, answered.

What does risk adjustment settlement — accounts payable and accrued liabilities current mean?
Short-term debts and accruals specifically related to risk adjustment payments owed to government health programs.
How do you interpret risk adjustment settlement — accounts payable and accrued liabilities current?
An increase indicates higher near-term cash outflows for regulatory settlements, potentially impacting short-term working capital.
How does risk adjustment settlement — accounts payable and accrued liabilities current compare across companies?
Comparable to current accounts payable and accrued expenses related to government program settlements at other health insurers.