DoorDash, Inc. Class A Common Stock (DASH)

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	7,803,000	6,806,000	6,754,000	4,667,000	4,700,000
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 + $7,803,000K)
= 0.00

The debt-to-capital ratio for DoorDash, Inc. Class A Common Stock, based on the provided data, is consistently reported as zero for each fiscal year from December 31, 2020, through December 31, 2024. This indicates that the company has maintained an entirely equity-financed capital structure during this period, with no reported long-term debt or other forms of leverage contributing to its capital composition. The absence of debt in the capital structure suggests a conservative financial policy, potentially reducing financial risk associated with interest obligations and leveraging. However, it also implies that the company may rely solely on equity financing for its operations and growth initiatives. The persistent absence of debt across all four years points to a stable, debt-free capital stance, at least as per the reported data.