Astrana Health Inc (ASTH)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,354,890 | 933,361 | 966,213 | 867,361 | 817,486 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,354,890K
= 0.00
The debt-to-assets ratio of Astrana Health Inc remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that Astrana Health Inc finances its operations without relying on debt, as the ratio suggests that the company's total debt is negligible compared to its total assets during this period. A debt-to-assets ratio of 0.00 is generally considered favorable as it signals lower financial risk and indicates a strong financial position with assets primarily funded through equity. Overall, Astrana Health Inc appears to have a strong capital structure with minimal debt obligations, which is a positive indicator for investors and stakeholders.
Peer comparison
Dec 31, 2024