Astrana Health Inc (ASTH)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,354,890 | 1,285,380 | 1,252,470 | 1,226,280 | 933,361 | 1,073,260 | 1,027,180 | 992,628 | 989,915 | 943,406 | 951,064 | 912,331 | 852,363 | 871,294 | 894,430 | 843,280 | 817,486 | 814,273 | 833,217 | 724,415 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company's assets are entirely financed by equity or other non-debt sources. This may indicate a conservative financing strategy, where the company avoids taking on debt to fund its operations and investments. A low or zero debt-to-assets ratio is generally viewed positively by investors and creditors as it signifies a lower financial risk and a stronger financial position for the company.
Peer comparison
Dec 31, 2024