Duolingo Inc (DUOL)
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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 824,550 | 822,453 | 766,944 | 711,052 | 655,501 | 614,819 | 596,405 | 565,188 | 542,078 | 533,826 | 528,219 | 520,714 | 513,056 | 510,731 | -93,777 | -97,785 | -80,691 |
| 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 | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $824,550K
= 0.00
Based on the provided data, Duolingo Inc's debt-to-equity ratio has shown a consistent trend of 0.00 from September 2021 to December 2024. A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt compared to its equity. This suggests that Duolingo has been primarily financed through equity rather than debt during this period. The stability of the ratio at 0.00 over multiple quarters indicates a strong financial position with low financial risk, as the company is not heavily reliant on borrowed funds to fund its operations or growth. This could be viewed positively by investors and creditors as it reflects strong financial health and prudent financial management by Duolingo Inc.
Peer comparison
Dec 31, 2024