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.
Peer comparison
Dec 31, 2024