Signify Health (Signify Health) LT-Debt-to-Total-Asset : 0.21 (As of Dec. 2022)

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What is Signify Health LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Signify Health's long-term debt to total assests ratio for the quarter that ended in Dec. 2022 was 0.21.

Signify Health's long-term debt to total assets ratio increased from Dec. 2021 (0.16) to Dec. 2022 (0.21). It may suggest that Signify Health is progressively becoming more dependent on debt to grow their business.

Signify Health LT-Debt-to-Total-Asset Historical Data

The historical data trend for Signify Health's LT-Debt-to-Total-Asset 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.

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Signify Health LT-Debt-to-Total-Asset Chart

Signify Health Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

LT-Debt-to-Total-Asset

0.41

0.19

0.26

0.16

0.21

Signify Health Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial										0.16	0.16	0.21	0.21	0.21

Signify Health LT-Debt-to-Total-Asset Calculation

Signify Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )	/	Total Assets (A: Dec. 2022 )
	=	358.6	/	1744.1
	=	0.21

Signify Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (Q: Dec. 2022 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2022 )	/	Total Assets (Q: Dec. 2022 )
	=	358.6	/	1744.1
	=	0.21

Signify Health (NYSE:SGFY) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Signify Health LT-Debt-to-Total-Asset Related Terms

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Signify Health (Signify Health) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Signify Health Inc (NYSE:SGFY) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

800 Connecticut Avenue, 3rd Floor, Norwalk, CT, USA, 06854

Website

http://www.signifyhealth.com

Signify Health Inc is a healthcare technology company that leverages advanced analytics, technology, and nationwide healthcare provider networks to create and power value-based payment programs. The customers include health plans, governments, employers, health systems and physician groups. Its operating segment includes Home and Community Services and Episodes of Care Services. The company generates maximum revenue from the Home and Community Services segment.

Executives

David Pierre	officer: Chief Operating Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Paymon Farazi	officer: Chief Product Officer	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Tim Gronniger	officer: Ch. Value-Based Sols. Off	C/O SIGNIFY HEALTH, INC., 800 CONNECTICUT AVE, NORWALK CT 06854
Vivian E. Riefberg	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Adam Mcananey	officer: General Counsel and Secretary	800 CONNECTICUT AVENUE, NORWALK CT 06854
Marc D Rothman	officer: Chief Medical Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Kyle B. Peterson	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Taj J. Clayton	director	800 CONNECTICUT AVENUE, NORWALK CT 06854
Josh Builder	officer: Chief Technology Officer	800 CONNECTICUT AVENUE, NORWALK CT 06854
Heather Brianne Dixon	director	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Steve Senneff	officer: Pres. Chief Fin. & Admin. Off.	C/O COTIVITI HOLDINGS, INC., 115 PERIMETER CENTER PLACE, SUITE 700, ATLANTA GA 30346
Bradford Kyle Armbrester	director, officer: Chief Executive Officer	311 ARSENAL STREET, WATERTOWN MA 02472
Albert A Notini	director	C/O DELTEK, INC., 2291 WOOD OAK DRIVE, HERNDON VA 20171
Kevin M Mcnamara	director	2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Matthew S. Holt	director	C/O NEW MOUNTAIN CAPITAL, LLC, 787 SEVENTH AVENUE, 49TH FLOOR, NEW YORK NY 10019