Cigna Corp (CI)
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 | 41,033,000 | 46,223,000 | 44,872,000 | 47,112,000 | 50,321,000 |
| 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 ÷ $41,033,000K
= 0.00
The debt-to-equity ratio of Cigna Corp remains consistently at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has no debt relative to its equity during these years, suggesting a strong financial position with a lower risk of financial distress. A ratio of 0.00 implies that the company's total liabilities are either negligible or non-existent in comparison to its equity, reflecting potential favorable conditions for investors and creditors. However, it is important to note that a debt-to-equity ratio of 0.00 may also indicate that the company may not be utilizing debt financing to support business operations or growth opportunities.
Peer comparison
Dec 31, 2024