Concentra Group Holdings Parent, Inc. (CON)

Concentra Group Holdings Parent, Inc. has shown consistent results of 0.00 for the Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio throughout the three periods ending September 30, 2024, June 30, 2024, and March 31, 2024. This indicates that the company has not utilized any debt in its capital structure during these periods.

The Financial leverage ratio, however, has fluctuated significantly, with a notable increase from 1.90 in June 2024 to 8.93 in September 2024. A high financial leverage ratio suggests that the company relies more on debt to finance its operations and growth, which could potentially amplify returns but also increase financial risk.

Overall, based on the solvency ratios presented, Concentra Group Holdings Parent, Inc. appears to have a very strong financial position in terms of leveraging debt compared to its assets, capital, and equity. This low dependency on debt indicates a conservative approach to financing that may positively impact the company's long-term stability and resilience in the face of economic challenges.

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Coverage ratios

Concentra Group Holdings Parent, Inc.'s interest coverage ratio has shown some variability over the last three quarters. The interest coverage ratio represents the company's ability to meet interest payments on its debt obligations. A higher interest coverage ratio indicates that the company is more capable of servicing its debt.

In this case, the interest coverage ratio for Concentra Group Holdings Parent, Inc. was 2.35 as of September 30, 2024, 2.58 as of June 30, 2024, and 2.50 as of March 31, 2024. The trend indicates that the company's ability to cover its interest payments decreased slightly in the most recent quarter compared to the previous two quarters.

An interest coverage ratio above 1 indicates that the company is generating enough operating income to cover its interest expenses. While Concentra Group Holdings Parent, Inc.'s interest coverage ratios are above 1, the downward trend observed may warrant further analysis to understand the factors influencing the slight decrease in coverage.

Overall, it is important for Concentra Group Holdings Parent, Inc. to closely monitor its interest coverage ratio and ensure it remains at healthy levels to demonstrate its ability to meet interest obligations and manage its debt effectively.