Concentra Group Holdings Parent, Inc. (CON)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total assets | US$ in thousands | 2,521,160 | 2,333,560 | 2,297,240 | — |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,521,160K
= 0.00
The debt-to-assets ratio for Concentra Group Holdings Parent, Inc. is as follows:
- December 31, 2021: Not available
- December 31, 2022: 0.00
- December 31, 2023: 0.00
- December 31, 2024: 0.00
The debt-to-assets ratio provides insight into the financial leverage of a company by comparing its total debt to its total assets. A ratio of 0.00 indicates that the company has no debt relative to its assets, which can suggest that Concentra Group Holdings Parent, Inc. is less reliant on borrowing and has a strong financial position with a higher proportion of assets financed through equity or other sources.
Overall, based on the trend of the debt-to-assets ratio being consistently at 0.00 over the years provided, it appears that Concentra Group Holdings Parent, Inc. has effectively managed its debt levels and has a financially stable position with a low risk of financial distress related to debt obligations.
Peer comparison
Dec 31, 2024