Humana Inc (HUM)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 46,479,000 | 47,065,000 | 43,055,000 | 44,358,000 | 34,969,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $46,479,000K
= 0.00
The debt-to-assets ratio for Humana Inc for the five-year period from December 31, 2020, to December 31, 2024, consistently stood at 0.00. This indicates that Humana Inc did not have any debt obligations relative to its total assets during this period. A debt-to-assets ratio of 0.00 signifies that the company funded its operations and investments primarily through equity or retained earnings rather than external borrowing. This low ratio suggests that Humana Inc has a strong financial position with minimal financial leverage, reducing the company's risk of financial distress due to debt obligations.
Peer comparison
Dec 31, 2024