Debt-to-Equity Ratio

With a Debt-to-Equity (D/E) ratio of 0.76x, CNC uses $0.76 of debt for every $1.00 of shareholder equity—a moderate leverage level that indicates the company relies on borrowing but remains within manageable bounds.

This figure places CNC just above its sector median of 0.72x, ranking in the 53rd percentile among peers, meaning it carries slightly more debt than the typical company in its industry. Since the year-over-year change, quarter-over-quarter change, and trend over the last eight quarters are all listed as N/A, no directional movement can be assessed from the available data. The current level alone—near the sector median—suggests no acute financial distress, but the absence of trend data limits any forward-looking risk or opportunity analysis. This metric neither strongly supports nor contradicts the overall CAUTIOUS verdict, as the moderate debt load does not signal a red flag, yet the lack of trend information prevents a clearer risk assessment.

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