Alignment Healthcare Inc (ALHC)
12.06
-0.04
(-0.33%)
USD |
NASDAQ |
Nov 22, 10:11
Alignment Healthcare Debt to Equity Ratio: 1.851 for Sept. 30, 2024
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| September 30, 2024 | 1.851 |
| June 30, 2024 | 1.712 |
| March 31, 2024 | 1.238 |
| December 31, 2023 | 1.031 |
| September 30, 2023 | 0.8573 |
| June 30, 2023 | 0.7685 |
| March 31, 2023 | 0.7231 |
| December 31, 2022 | 0.6757 |
| Date | Value |
|---|---|
| September 30, 2022 | 0.5904 |
| June 30, 2022 | 0.5241 |
| March 31, 2022 | 0.5192 |
| December 31, 2021 | 0.4922 |
| September 30, 2021 | 0.4583 |
| June 30, 2021 | 0.4329 |
| March 31, 2021 | 0.4114 |
| December 31, 2020 | 4.710 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.4114
Minimum
Mar 2021
4.710
Maximum
Dec 2020
1.062
Average
0.6994
Median
Debt to Equity Ratio Benchmarks
| Clover Health Investments Corp | 0.00 |
| Oscar Health Inc | 0.2575 |
| NeueHealth Inc | -0.2794 |
| UnitedHealth Group Inc | 0.8252 |
| Centene Corp | 0.6447 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 692.29M |
| Total Liabilities (Quarterly) | 576.66M |
| Shareholders Equity (Quarterly) | 114.55M |
| Current Ratio | 1.602 |
| Net Debt Paydown Yield | -0.45% |