Humana (Humana) Cash-to-Debt : 0.39 (As of Dec. 2023)

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What is Humana Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Humana's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.39.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Humana couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for Humana's Cash-to-Debt or its related term are showing as below:

HUM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27 Med: 0.53 Max: 0.9
Current: 0.39

During the past 13 years, Humana's highest Cash to Debt Ratio was 0.90. The lowest was 0.27. And the median was 0.53.

HUM's Cash-to-Debt is ranked worse than
71.43% of 21 companies
in the Healthcare Plans industry
Industry Median: 1.87 vs HUM: 0.39

Humana Cash-to-Debt Historical Data

The historical data trend for Humana's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Humana Cash-to-Debt Chart

Humana Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.69

0.67

0.27

0.44

0.39

Humana Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.44	1.14	1.33	1.27	0.39

Competitive Comparison of Humana's Cash-to-Debt

For the Healthcare Plans subindustry, Humana's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Humana's Cash-to-Debt Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Humana's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Humana's Cash-to-Debt falls into.

Humana Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Humana's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4694	/	(1796	+	10213)
	=	0.39

Humana's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	4694	/	(1796	+	10213)
	=	0.39

Humana (NYSE:HUM) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Humana Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Humana's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Humana (Humana) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Humana Inc (NYSE:HUM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

HUM:Mexico HUM:Germany HUM:Germany H1UM34:Brazil

Address

500 West Main Street, Louisville, KY, USA, 40202

Website

http://www.humana.com

Humana is one of the largest private health insurers in the U.S. with a focus on administering Medicare Advantage plans. The firm has built a niche specializing in government-sponsored programs, with nearly all its medical membership stemming from individual and group Medicare Advantage, Medicaid, and the military's Tricare program. The firm is also a leader in stand-alone prescription drug plans for seniors enrolled in traditional fee-for-service Medicare. Beyond medical insurance, the company provides other healthcare services, including primary-care services, at-home services, and pharmacy benefit management.

Executives

Susan M Diamond	officer: Segment President, Home Bus.	500 W MAIN ST., LOUISVILLE KY 40202
Sanjay K Shetty	officer: President, CenterWell	500 W. MAIN STREET, LOUISVILLE KY 40202
George Ii Renaudin	officer: President, Medicare & Medicaid	500 W. MAIN SREET, LOUISVILLE KY 40202
Jones David A Jr/ky	director	C/O HUMANA INC, 500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy S. Huval	officer: Sr. Vice Pres & Chief HR Offic	500 W. MAIN STREET, LOUISVILLE KY 40202
Bruce D Broussard	officer: President	500 W. MAIN STREET, C/O HUMANA LAW DEPT., LOUISVILLE KY 40202
Joseph C Ventura	officer: Chief Legal Officer & Corp Sec	500 W MAIN STREET, LOUISVILLE KY 40202
William Kevin Fleming	officer: President, Hlthcare Svc Sgmt	500 WEST MAIN STREET, LOUISVILLE KY 40202
Timothy Alan Wheatley	officer: President, Retail Segment	500 WEST MAIN STREET, LOUISVILLE KY 40202
Samir Deshpande	officer: Chief Risk Officer	500 W MAIN STREET, LOUISVILLE KY 40202
Brad D Smith	director	1040 13TH AVE, HUNTINGTON WV 25701
John-paul W. Felter	officer: SVP, Chief Accting Off & Cont.	500 W MAIN ST, LOUISVILLE KY 40202
Michael A. Koeberlein	officer: SVP, Chief Accting Off & Cont.	500 W MAIN ST., LOUISVILLE KY 40202
David T Feinberg	director	1299 OCEAN AVENUE, SUITE 1000, SANTA MONICA CA 90401
Agwunobi, M.d. Andrew C.	officer: Seg. President, Home Solutions	HUMANA INC., 500 W MAIN STREET, LOUISVILLE KY 40202