Centene Corp (CNC)
73.75
+1.75
(+2.43%)
USD |
NYSE |
Apr 18, 16:00
74.21
+0.46
(+0.62%)
Pre-Market: 20:00
Centene Debt to Equity Ratio: 0.69 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 0.69 |
| September 30, 2023 | 0.7116 |
| June 30, 2023 | 0.7014 |
| March 31, 2023 | 0.7316 |
| December 31, 2022 | 0.7491 |
| September 30, 2022 | 0.7224 |
| June 30, 2022 | 0.7135 |
| March 31, 2022 | 0.6968 |
| December 31, 2021 | 0.703 |
| September 30, 2021 | 0.7118 |
| June 30, 2021 | 0.6479 |
| March 31, 2021 | 0.6361 |
| December 31, 2020 | 0.651 |
| September 30, 2020 | 0.6541 |
| June 30, 2020 | 0.6711 |
| March 31, 2020 | 0.7337 |
| December 31, 2019 | 1.094 |
| September 30, 2019 | 0.5719 |
| June 30, 2019 | 0.587 |
| March 31, 2019 | 0.5906 |
| December 31, 2018 | 0.6124 |
| September 30, 2018 | 0.5992 |
| June 30, 2018 | 0.5918 |
| March 31, 2018 | 0.6899 |
| December 31, 2017 | 0.686 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.711 |
| June 30, 2017 | 0.74 |
| March 31, 2017 | 0.7656 |
| December 31, 2016 | 0.7897 |
| September 30, 2016 | 0.8037 |
| June 30, 2016 | 0.8128 |
| March 31, 2016 | 0.808 |
| December 31, 2015 | 0.5661 |
| September 30, 2015 | 0.6246 |
| June 30, 2015 | 0.5897 |
| March 31, 2015 | 0.614 |
| December 31, 2014 | 0.504 |
| September 30, 2014 | 0.5848 |
| June 30, 2014 | 0.6036 |
| March 31, 2014 | 0.5784 |
| December 31, 2013 | 0.5421 |
| September 30, 2013 | 0.4417 |
| June 30, 2013 | 0.4932 |
| March 31, 2013 | 0.5439 |
| December 31, 2012 | 0.5654 |
| September 30, 2012 | 0.4101 |
| June 30, 2012 | 0.4296 |
| March 31, 2012 | 0.3577 |
| December 31, 2011 | 0.3758 |
| September 30, 2011 | 0.3892 |
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
0.5719
Minimum
Sep 2019
1.094
Maximum
Dec 2019
0.7041
Average
0.7014
Median
Jun 2023
Debt to Equity Ratio Benchmarks
| The Cigna Group | 0.6691 |
| Molina Healthcare Inc | 0.5172 |
| UnitedHealth Group Inc | 0.7972 |
| Elevance Health Inc | 0.6391 |
| Alignment Healthcare Inc | 1.031 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 84.64B |
| Total Liabilities (Quarterly) | 58.68B |
| Shareholders Equity (Quarterly) | 25.84B |
| Current Ratio | 1.11 |
| Net Debt Paydown Yield | 0.25% |