Celsius Holdings Inc (CELH)
Debt-to-equity 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 stockholders’ equity | US$ in thousands | 399,929 | 423,626 | 415,754 | 338,191 | 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 |
| Debt-to-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $399,929K
= 0.00
The debt-to-equity ratio of Celsius Holdings Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing in its capital structure during this period. A low or zero debt-to-equity ratio can imply lower financial risk as it suggests the company relies more on equity financing, which can be positive from a financial stability standpoint. However, it's important to note that a zero debt-to-equity ratio may also indicate missed opportunities to benefit from tax advantages or leverage for potential growth opportunities. Overall, the stable and low debt-to-equity ratio reflects Celsius Holdings Inc's conservative financial strategy and sound capital structure.
Peer comparison
Dec 31, 2024