Celsius Holdings Inc (CELH)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 4,598 | 4,528 |
| Total stockholders’ equity | US$ in thousands | 264,040 | 213,347 | 131,062 | 81,035 | 40,091 | 59,449 | 239,873 | 228,354 | 217,046 | 197,398 | 186,838 | 109,011 | 104,327 | 99,202 | 68,620 | 65,506 | 63,459 | 63,337 | 24,758 | 25,270 |
| 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 | 0.00 | 0.00 | 0.00 | 0.16 | 0.15 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $264,040K)
= 0.00
Based on the provided data for Celsius Holdings Inc, the debt-to-capital ratio has consistently been reported as 0.00 for each quarter listed from Q1 2022 to Q4 2023. This indicates that, as of the most recent period, the company has not reported any debt on its balance sheet in relation to its total capital. A debt-to-capital ratio of 0.00 typically suggests that the company has not utilized debt financing to fund its operations or growth initiatives, and instead relies primarily on equity financing or other sources of capital. It is important to note that a low or zero debt-to-capital ratio can be viewed positively by investors and creditors as it indicates lower financial risk and potentially greater financial stability for the company.
Peer comparison
Dec 31, 2023