Humana Inc (HUM)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 16,375,000 | 17,565,000 | 16,671,000 | 16,130,000 | 16,262,000 | 16,949,000 | 16,834,000 | 16,577,000 | 15,311,000 | 16,254,000 | 15,490,000 | 15,319,000 | 16,080,000 | 16,260,000 | 14,843,000 | 14,190,000 | 13,728,000 | 15,768,000 | 14,416,000 | 12,355,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 + $16,375,000K)
= 0.00
The debt-to-capital ratio for Humana Inc has consistently been recorded as 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt in its capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that the company relies solely on equity financing to fund its operations and growth, which can be perceived positively as it indicates a lower risk level associated with debt obligations. However, it's essential to note that while having a low or zero debt-to-capital ratio can be favorable in terms of financial risk, it may also limit the company's ability to take advantage of leverage for potential expansion or investment opportunities.
Peer comparison
Dec 31, 2024