Cigna Corp (CI)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $41,033,000K
= 0.00

The debt-to-equity ratio of Cigna Corp has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its operations and investments, relying solely on equity to fund its activities. A debt-to-equity ratio of 0.00 typically signifies a conservative financial structure, where the company is not taking on any financial leverage. Cigna's low debt-to-equity ratio suggests a lower financial risk and dependency on borrowed funds, which can be viewed positively by investors and creditors.