DoorDash, Inc. Class A Common Stock (DASH)

Debt-to-assets ratio

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	12,845,000	10,839,000	9,789,000	6,809,000	6,353,000
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $12,845,000K
= 0.00

The debt-to-assets ratio for DoorDash, Inc. Class A Common Stock remains consistently at 0.00 across the analyzed dates, from December 31, 2020, through December 31, 2024. This indicates that the company's total liabilities are negligible or nonexistent relative to its total assets during this period. Such a stable ratio at zero suggests that DoorDash has not engaged in significant borrowing or debt issuance relative to its asset base and likely relies primarily on equity or internal funding sources to finance its operations. The persistent absence of debt implies a conservative financial structure, potentially reducing financial risk and interest obligations. However, it also suggests that the company's growth and expansion activities are not driven by leverage, which could influence its capacity for rapid scaling and investment in strategic initiatives.