Humana Inc (HUM)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $16,375,000K
= 0.00

The debt-to-equity ratio for Humana Inc has consistently remained at 0.00 from March 2020 to December 2024. This indicates that the company has not utilized debt to finance its operations and growth, as its total debt is either negligible or non-existent compared to its equity. A low debt-to-equity ratio typically suggests lower financial risk and a strong financial position, as the company is not overly reliant on debt to fund its activities. However, it is important to note that having a zero debt-to-equity ratio may also limit the company's ability to take advantage of favorable borrowing opportunities or leverage its capital structure for potential growth.


See also:

Humana Inc Debt to Equity (Quarterly Data)