Centene Corporation logo
Centene Corporation (CNC)
Compare

Centene Corporation (CNC) Debt to Assets Ratio: 0.24%

The debt to assets ratio for Centene Corporation (CNC) is 0.24% as of Thursday, June 11, 2026.

CNC Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

0.24%

CNC Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIO
Centene Corporation (CNC)$32.26B0.24%
Medline Inc. (MDLN)$31.40B0.33%
Zoetis Inc. (ZTS)$34.27B0.61%
IQVIA Holdings Inc. (IQV)$30.08B0.54%
Biogen Inc. (BIIB)$28.94B0.24%
DexCom, Inc. (DXCM)$28.92B0.22%
Agilent Technologies, Inc. (A)$36.21B0.26%
Veeva Systems Inc. (VEEV)$26.31B0.01%
Waters Corporation (WAT)$23.21B0.29%
Mettler-Toledo International Inc. (MTD)$22.82B0.63%

Leverage Ratios Comparison

Debt/Assets

0.2%

Debt/Equity

0.94

Current Ratio

1.68

Interest Coverage

-11.2x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Centene Corporation Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Centene Corporation Debt to Assets Ratio FAQ

What is the debt to assets ratio for Centene Corporation (CNC)?
The debt to assets ratio for CNC stock is 0.24%.

About Centene Corporation

Centene Corporation functions as a diverse, multinational healthcare organization, primarily dedicated to delivering a comprehensive range of programs and services to underinsured and uninsured individuals throughout the United States. Its Managed Care division provides extensive health plan coverage for people enrolled in various government-sponsored initiatives. These initiatives include Medicaid, the State Children's Health Insurance Program (SCHIP), long-term services and support, foster care, and specialized Medicare-Medicaid plans that cater to individuals dually eligible for both programs, as well as aged, blind, or disabled populations. The broad spectrum of benefits within these health plans encompasses primary and specialty physician care, inpatient and outpatient hospital services, emergency and urgent care, prenatal support, laboratory and X-ray diagnostics, and home-based primary care. Complementary services feature transportation assistance, vision and dental care, telehealth access, immunizations, specialty pharmacy, therapy, social work, nurse advisory support, and care coordination. Additionally, members are covered for prescriptions, limited over-the-counter medications, medical equipment, and essential behavioral health and substance abuse services. This segment also extends its offerings to commercial healthcare products for individuals and employer groups of various sizes. Centene's Specialty Services segment delivers a distinct set of solutions, including pharmacy benefits management (PBM), 24/7 nurse advice lines and after-hours support, vision and dental services, and staffing provisions for correctional systems and other government agencies. This division also serves beneficiaries eligible for the Military Health System. Its clientele for these specialized services spans state programs, correctional institutions, healthcare organizations, employer groups, and other commercial entities. The company delivers its healthcare services through an expansive network comprising primary and specialty care physicians, hospitals, and various ancillary providers. Established in 1984, Centene Corporation is headquartered in St. Louis, Missouri.

Saint Louis, MO
60,400 employees
Healthcare / Medical - Healthcare Plans
Sector
Healthcare
Industry
Medical - Healthcare Plans
CEO
Sarah London