Cigna Corp (CI)
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 | 155,881,000 | 152,761,000 | 143,932,000 | 154,889,000 | 155,451,000 |
| 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 ÷ $155,881,000K
= 0.00
The debt-to-assets ratio of Cigna Corp has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt as a source of financing to acquire assets during this period. A debt-to-assets ratio of 0.00 suggests that Cigna Corp's assets are primarily financed by equity rather than by debt. This could signify a strong financial position, minimal financial risk, and a conservative capital structure. However, it is essential to consider other financial metrics and contextual factors in a holistic analysis of the company's financial health.
Peer comparison
Dec 31, 2024