Molina Healthcare Inc (MOH)
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 | 2,923,000 | 2,180,000 | 2,176,000 | 2,173,000 | 2,127,000 |
| Total stockholders’ equity | US$ in thousands | 4,496,000 | 4,215,000 | 2,964,000 | 2,630,000 | 2,096,000 |
| Debt-to-equity ratio | 0.65 | 0.52 | 0.73 | 0.83 | 1.01 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,923,000K ÷ $4,496,000K
= 0.65
The debt-to-equity ratio of Molina Healthcare Inc has shown a decreasing trend over the past five years, indicating a positive development in the company's financial structure. As of December 31, 2020, the ratio stood at 1.01, signaling that the company had equal amounts of debt and equity. However, there has been a gradual reduction in this ratio year over year, reaching 0.65 as of December 31, 2024. This downward trajectory suggests that Molina Healthcare has been effectively managing its debt levels relative to its equity, which could enhance its financial stability and reduce financial risk.
Peer comparison
Dec 31, 2024