Concentra Group Holdings Parent, Inc. (CON)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 275,671 | 277,780 | 1,246,780 | 1,195,760 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $275,671K)
= 0.00
The debt-to-capital ratio for Concentra Group Holdings Parent, Inc. remained consistent at 0.00 throughout the year 2024 based on the data provided. This ratio indicates that the company has not utilized any debt to finance its operations relative to its capital structure. A debt-to-capital ratio of 0.00 implies that the company's capital structure is solely comprised of equity, signifying a low financial risk and possibly a strong financial position. However, it is important to note that a lack of debt in the capital structure may limit the company's ability to leverage growth opportunities and tax benefits associated with debt financing. Further analysis of the company's overall financial health and strategic decisions would be necessary to fully assess the implications of this consistent 0.00 debt-to-capital ratio.
Peer comparison
Dec 31, 2024