Celsius Holdings Inc (CELH)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 399,929 | 264,040 | 40,091 | 217,046 | 104,327 |
| Debt-to-capital ratio | 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 + $399,929K)
= 0.00
The debt-to-capital ratio of Celsius Holdings Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations or investments during this period. The ratio suggests that Celsius Holdings Inc has been primarily relying on equity financing, which may imply a lower financial risk and potentially greater financial stability, as the company is not burdened by debt obligations. It is important to note that a debt-to-capital ratio of 0.00 may not always be favorable, as some level of debt can be beneficial for financial leverage and tax advantages.
Peer comparison
Dec 31, 2024