Maplebear Inc. (CART)

Debt-to-capital ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Sep 30, 2019
Long-term debt US$ in thousands — — — — — — — — — — — — — — — — —
Total stockholders’ equity US$ in thousands 3,093,000 2,872,000 3,221,000 3,320,000 3,927,000 3,484,000 191,000 2,892,000 -64,000 2,758,000 2,219,000 2,249,000 2,249,000 2,249,000 — 1,576,000 71,436
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 — 0.00 0.00 0.00 0.00 0.00 — 0.00 0.00

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $3,093,000K)
= 0.00

Maplebear Inc. has consistently maintained a debt-to-capital ratio of 0.00 since September 30, 2019. This indicates that the company has been financing its operations without relying on debt as a source of capital during this period. The ratio remained unchanged at 0.00 up to December 31, 2022, and continues to be reported as 0.00 up to December 31, 2024.

A debt-to-capital ratio of 0.00 suggests that Maplebear Inc. relies entirely on equity financing to support its operations, implying a lower financial risk from debt-related obligations. This could be viewed positively by investors and creditors as it indicates a strong financial position and sound capital structure. However, it's also essential to consider other factors such as profitability, liquidity, and operational efficiency to gain a holistic understanding of the company's financial health. Overall, Maplebear Inc.'s consistent debt-to-capital ratio of 0.00 reflects a stable and well-managed capital structure over the period analyzed.