Celsius Holdings Inc (CELH)
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 | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 399,929 | 264,040 | 40,091 | 217,046 | 104,327 |
| 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 ÷ $399,929K
= 0.00
The debt-to-equity ratio for Celsius Holdings Inc has consistently been 0.00 for the years ending December 31, 2020 through December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and growth, relying solely on equity. A debt-to-equity ratio of 0.00 signifies a strong financial position with low financial risk, as there is no debt leverage in the capital structure. It suggests that the company has sufficient equity to support its activities without resorting to external borrowing. This could imply robust financial health, strong investor confidence, and potential for financial flexibility in pursuing future strategic initiatives.
Peer comparison
Dec 31, 2024