Concentra Group Holdings Parent, Inc. (CON)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total assets | US$ in thousands | 2,521,160 | 2,481,040 | 2,363,340 | 2,366,160 |
| Debt-to-assets ratio | 0.00 | 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
As per the provided data, Concentra Group Holdings Parent, Inc. has consistently maintained a debt-to-assets ratio of 0.00 throughout the fiscal year 2024. This indicates that the company has no debt relative to its total assets during each quarter of the year. A debt-to-assets ratio of 0.00 suggests that the company is not relying on debt financing to fund its operations and investments, which can be viewed positively in terms of financial stability and risk management. However, it is important to consider other metrics and factors in conjunction with the debt-to-assets ratio to gain a more comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024