OSCR (Oscar Health) LT-Debt-to-Total-Asset : 0.07 (As of Sep. 2024)

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What is Oscar 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. Oscar Health's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.07.

Oscar Health's long-term debt to total assets ratio declined from Sep. 2023 (0.09) to Sep. 2024 (0.07). It may suggest that Oscar Health is progressively becoming less dependent on debt to grow their business.

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

The historical data trend for Oscar 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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Oscar Health LT-Debt-to-Total-Asset Chart

Oscar Health Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.06

0.07

0.08

Oscar Health Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.09	0.08	0.07	0.06	0.07

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

Oscar Health's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	298.777	/	3601.48
	=	0.08

Oscar Health's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )	/	Total Assets (Q: Sep. 2024 )
	=	299.361	/	4483.015
	=	0.07

Oscar Health (NYSE:OSCR) 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.

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

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Oscar Health Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Oscar Health Inc (NYSE:OSCR) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

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Traded in Other Exchanges

N/A

Address

75 Varick Street, 5th Floor, New York, NY, USA, 10013

Website

https://www.hioscar.com

Oscar Health Inc is a health insurance company. The company provides various insurance plans for individuals, families, and employees. Also, the company provides virtual care, doctor support, scheduling appointments, and other related services. The company provides plans in the Medicare Advantage program to adults who are age 65 and older and eligible for traditional Medicare but who instead select coverage through a private market plan.

Executives

Mario Schlosser	director, officer: Chief Executive Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Ranmali Bopitiya	officer: EVP & Chief Legal Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Alessandrea C. Quane	officer: EVP, Chief Insurance Officer	175 WATER STREET, NEW YORK NY 10038
Victoria Baltrus	officer: Chief Accounting Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Richard Scott Blackley	officer: Chief Financial Officer	1680 CAPITAL ONE DRIVE, MCLEAN VA 22102
Joshua Kushner	director, 10 percent owner, officer: See Remarks	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Thrive Partners Vii Growth Gp, Llc	10 percent owner	295 LAFAYETTE STREET, NEW YORK NY 10012
Robinson Elbert O. Jr.	director	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Sid Sankaran	director, officer: Chief Financial Officer	180 MAIDEN LANE, NEW YORK NY 10038
Alphabet Inc.	10 percent owner	1600 AMPHITHEATRE PARKWAY, MOUNTAIN VIEW CA 94043
Mark T Bertolini	director, officer: Chief Executive Officer	AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
William Gassen	director	75 VARICK STREET, 5TH FLOOR, NEW YORK CITY NY 10013
Laura W Lang	director	DIGITAS INC., 800 BOYLSTON STREET, BOSTON MA 02199
Dennis Weaver	officer: Chief Clinical Officer	C/O OSCAR HEALTH, INC., 75 VARICK STREET, 5TH FLOOR, NEW YORK NY 10013
Meghan V. Joyce	officer: Chief Operating Officer	THE BOSTON BEER COMPANY, INC., ONE DESIGN CENTER PL., STE. 850, BOSTON MA 02210