Concentra Group Holdings Parent, Inc. (CON)
Debt-to-assets ratio
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Jun 30, 2023 | Mar 31, 2023 | ||
|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,481,040 | 2,363,340 | 2,366,160 | 2,333,560 | — | — |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,481,040K
= 0.00
The debt-to-assets ratio for Concentra Group Holdings Parent, Inc. has consistently been at 0.00 for all reported periods, indicating that the company has not had any debt obligations relative to its total assets during those periods. A debt-to-assets ratio of 0.00 suggests that the company has not relied on debt financing to fund its operations or growth, and instead, has financed its assets primarily through equity or retained earnings. This could signify a strong financial position with lower financial risk and a potentially more stable capital structure. However, it is essential to consider other financial metrics and qualitative factors to gain a complete understanding of the company's financial health and its strategic decisions regarding capital structure and financing.
Peer comparison
Sep 30, 2024