CNCCentene Corporation

$65.47

Is it safe?

Can CNC take a bad year?

Centene Corporation holds $11.0B more cash than debt, so a bad year is a question about profits, not about lenders.

$11.0B

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Altman Z-score
2.75

Altman Z-score · grey zone, between 1.8 and 3

Interest cover
none

Interest cover · no operating profit to pay the interest bill from

Details
Total debtQ2 2026
$16.1B
Cash and short-term investments
$27.1B
Net cash
$11.0B
EBITDA, trailing twelve months
−$4.72B
Operating profit, trailing twelve months
−$5.64B
Debt / equity
0.71×
Annualised volatilitytwo years of daily moves
52%
Worst drawdown on file
−74%
Below its 52-week high
−4.7%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.