Astrana Health Inc (ASTH)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $712,720K
= 0.00
The debt-to-equity ratio for Astrana Health Inc has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied entirely on equity financing. A debt-to-equity ratio of 0.00 signifies a low level of financial risk, as there is no debt present to potentially weigh down the company's financial structure. It also suggests that the company may have a strong equity base, which could promote financial stability and flexibility in decision-making.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-equity ratio
Astrana Health Inc
ASTH
0.00
Hims Hers Health Inc
HIMS
0.00