Cigna Corp (CI)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 41,033,000 | 42,095,000 | 41,332,000 | 41,181,000 | 46,223,000 | 45,691,000 | 45,445,000 | 44,502,000 | 44,872,000 | 45,041,000 | 45,892,000 | 46,087,000 | 47,112,000 | 47,415,000 | 48,709,000 | 48,149,000 | 50,321,000 | 48,032,000 | 47,366,000 | 45,079,000 |
| Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $41,033,000K)
= 0.00
The debt-to-capital ratio for Cigna Corp has remained consistently at 0.00 over the period from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt in its capital structure during this timeframe. A debt-to-capital ratio of 0.00 signifies that the company's capital consists entirely of equity and that it has not taken on any debt to finance its operations or investments. This low ratio may indicate a conservative financial strategy, with the company relying primarily on equity financing or efficient management of existing debt. It suggests that Cigna Corp may have a strong financial position with minimal financial risk associated with debt obligations.
Peer comparison
Dec 31, 2024