Cigna Corp (CI)
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 | 41,033,000 | 46,223,000 | 44,872,000 | 47,112,000 | 50,321,000 |
| 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 + $41,033,000K)
= 0.00
Based on the data provided, the debt-to-capital ratio of Cigna Corp has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that Cigna Corp has not utilized debt as a significant source of capital relative to equity during this period. A debt-to-capital ratio of 0.00 implies that the company's capital structure is predominantly composed of equity, which may suggest a lower financial risk and strong financial health. However, it is important to consider the industry norms and compare with peer companies to gain a better understanding of Cigna Corp's leverage position and capital allocation strategy.
Peer comparison
Dec 31, 2024