Astrana Health Inc (ASTH)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 712,720 | 614,218 | 542,561 | 448,167 | 330,824 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $712,720K)
= 0.00
The debt-to-capital ratio for Astrana Health Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt to finance its operations and investments during this period. A debt-to-capital ratio of 0.00 signifies that the entirety of the company's capital structure is composed of equity, with no debt obligations present. This could suggest that Astrana Health Inc has a strong financial position with low financial risk and may not be reliant on borrowing to fund its activities. However, it is crucial to consider other financial metrics and qualitative factors to gain a comprehensive understanding of the company's overall financial health and risk profile.
Peer comparison
Dec 31, 2024