Cigna Corp (CI)

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	155,881,000	157,639,000	150,851,000	148,447,000	147,926,000	149,645,000	150,054,000	147,976,000	143,932,000	144,209,000	152,630,000	152,610,000	154,889,000	154,251,000	154,207,000	152,081,000	155,451,000	160,044,000	159,628,000	154,711,000
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 ÷ $155,881,000K
= 0.00

The debt-to-assets ratio for Cigna Corp has been consistently reported as 0.00 for all the quarters from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during these periods.

A debt-to-assets ratio of zero implies that Cigna Corp has not utilized debt financing to fund its operations or investments, or the company's total assets are proportionally higher than its total debt. This may suggest that the company has a strong financial position with a low risk of default, as it is not relying on borrowed funds to finance its operations.

However, it is important to note that solely looking at the debt-to-assets ratio may not provide a complete picture of the company's financial health, as it does not consider other factors such as profitability, liquidity, or cash flow. Additional analysis of other financial ratios and indicators would be necessary to gain a deeper understanding of Cigna Corp's overall financial performance and stability.