Elevance Health Inc (ELV)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 41,315,000 | 39,306,000 | 36,243,000 | 36,060,000 | 33,199,000 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $41,315,000K
= 0.00
The debt-to-equity ratio for Elevance Health Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and has relied solely on equity financing during this period. A debt-to-equity ratio of 0.00 signifies that the company's financial structure is not reliant on external borrowing and is primarily funded by shareholders' equity. This can be seen as a positive sign of financial stability and may suggest that the company is effectively managing its capital structure without taking on significant debt obligations.
Peer comparison
Dec 31, 2024