Celsius Holdings Inc (CELH)
Debt-to-assets 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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,766,880 | 1,704,320 | 1,718,890 | 1,646,140 | 1,536,400 | 1,545,620 | 1,399,250 | 1,292,270 | 1,222,070 | 1,327,650 | 349,638 | 343,924 | 314,018 | 294,978 | 241,548 | 148,178 | 131,290 | 128,099 | 98,899 | 94,928 |
| Debt-to-assets 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,766,880K
= 0.00
The debt-to-assets ratio for Celsius Holdings Inc has consistently remained at 0.00 over the years from March 31, 2020, to December 31, 2024. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 generally implies that the company relies solely on equity to fund its operations and investments, which can be seen as a financially healthy position as it signifies lower financial risk and a strong balance sheet structure.
Peer comparison
Dec 31, 2024
Company name
Symbol
Debt-to-assets ratio
Celsius Holdings Inc
CELH
0.00
Coca-Cola Consolidated Inc.
COKE
0.14
Monster Beverage Corp
MNST
0.00
National Beverage Corp
FIZZ
0.00