Appfolio Inc (APPF)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 0 |
| Total stockholders’ equity | US$ in thousands | 519,290 | 297,312 | 265,546 | 297,381 | 285,920 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $519,290K
= 0.00
The debt-to-equity ratio for Appfolio Inc has been consistently 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has solely relied on equity financing. A debt-to-equity ratio of 0.00 signifies that the company's debts are either very minimal or non-existent compared to its equity, reflecting a relatively low financial risk and a strong financial position. This ratio suggests that the company has a solid capital structure with little to no financial leverage, which may imply a conservative approach to managing its financial obligations and potential lower interest expenses.
Peer comparison
Dec 31, 2024