Humana Inc (HUM)
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 | 16,375,000 | 16,262,000 | 15,311,000 | 16,080,000 | 13,728,000 |
| 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 ÷ $16,375,000K
= 0.00
The debt-to-equity ratio for Humana Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during this period. A debt-to-equity ratio of 0.00 signifies that the company is entirely funded by equity, which may imply a lower financial risk and a strong financial position due to the absence of any debt obligations. However, it is essential to consider that a low or zero debt-to-equity ratio may also limit the company's ability to leverage its capital structure for potential growth opportunities or tax benefits. Overall, the consistent 0.00 debt-to-equity ratio for Humana Inc suggests a conservative approach to financing and a stable financial position.
Peer comparison
Dec 31, 2024