Magellan Health, Inc. (MGLN) financial statements (2022 and earlier)

Company profile

Business Address 4801 E. WASHINGTON ST
PHOENIX, AZ 85034
State of Incorp. DE
Fiscal Year End December 31
SIC 806 - Hospitals (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments  334655709602
Cash and cash equivalents   272399305
Short-term investments  334383311297
Restricted cash and investments  185   
Receivables  890756661607
Inventory, net of allowances, customer advances and progress billings  45414159
Inventory  45414159
Other current assets  78957252
Other undisclosed current assets  140   
Total current assets:  1,6731,5471,4831,319
Noncurrent Assets
Property, plant and equipment  138151159173
Long-term investments and receivables  113178
Long-term investments  113178
Intangible assets, net (including goodwill)  1,1861,2501,275928
Goodwill  1,0181,0181,006742
Intangible assets, net (excluding goodwill)  167232268186
Deferred income tax assets  2
Other noncurrent assets  83252313
Other undisclosed noncurrent assets   313
Total noncurrent assets:  1,4191,4321,4741,124
TOTAL ASSETS:  3,0922,9792,9572,444
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities  372303314374
Accounts payable  88727496
Accrued liabilities  284231194202
Employee-related liabilities    4676
Deferred revenue  7
Debt  424113404
Business combination, contingent consideration, liability   879
Contract with customer, liability17
Other undisclosed current liabilities  527546459306
Total current liabilities:  9108998921,093
Noncurrent Liabilities
Long-term debt and lease obligation, including:  679729741215
Finance lease, liability  14
Operating lease, liability  45
Other undisclosed long-term debt and lease obligation  620729741215
Liabilities, other than long-term debt  43321616
Deferred revenue  11
Contract with customer, liability13
Deferred income tax liabilities  17
Liability for uncertainty in income taxes  15161414
Business combination, contingent consideration, liability   222
Other undisclosed noncurrent liabilities  62343116
Total noncurrent liabilities:  784795788246
Total liabilities:  1,6941,6941,6811,339
Temporary equity, carrying amount     5
Stockholders' equity
Stockholders' equity attributable to parent, including:  1,3981,2851,2761,100
Common stock  111 
Treasury stock, value  (1,465)(1,461)(1,398)(1,376)
Additional paid in capital  1,3871,3271,2751,186
Accumulated other comprehensive income (loss)  0(0)(0)(0)
Retained earnings  1,4751,4191,3991,289
Other undisclosed stockholders' equity attributable to parent     1
Total stockholders' equity:  1,3981,2851,2761,100
TOTAL LIABILITIES AND EQUITY:  3,0922,9792,9572,444

Income statement (P&L) ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues  7,1597,3145,8394,837
Revenue, net3,3042,803
Cost of revenue
(Cost of Goods and Services Sold)
  (1,899)(2,283)(2,212)(1,819)
Other undisclosed gross profit  (5,008)(4,803)(3,316)(2,716)
Gross profit:  253228311302
Operating expenses     (5)
Operating income:  253228311297
Interest and debt expense  (36)(35)(26)(10)
Other undisclosed loss from continuing operations before equity method investments, income taxes  (136)(149)(150)(141)
Income from continuing operations before income taxes:  8143135146
Income tax expense  (25)(19)(25)(70)
Net income:  562411076
Net income attributable to noncontrolling interest    02
Net income available to common stockholders, diluted:  562411078

Comprehensive Income ($ in millions)

9/30/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:  562411076
Other comprehensive income (loss)  00(0)0
Comprehensive income:  562411076
Comprehensive income, net of tax, attributable to noncontrolling interest    02
Comprehensive income, net of tax, attributable to parent:  562411078

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: