Concentra Group Holdings Parent, Inc. (CON)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 275,671 | 1,155,600 | 973,317 | — |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $275,671K
= 0.00
The debt-to-equity ratio for Concentra Group Holdings Parent, Inc. as of December 31, 2021, is not available in the provided data. However, the company's debt-to-equity ratio as of December 31, 2022, December 31, 2023, and December 31, 2024, is 0.00.
A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt relative to its equity. This suggests that the company is primarily funded by equity, which can be a positive sign as it indicates a lower financial risk and a strong financial position. It may signal that the company has been using its internal resources or equity financing to fund its operations and growth rather than relying on external debt.
However, it is essential to consider other factors alongside the debt-to-equity ratio when evaluating a company's financial health, such as the nature of the business, industry norms, and overall performance metrics.
Peer comparison
Dec 31, 2024