ELF Beauty Inc (ELF)

Debt-to-assets ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total assets	US$ in thousands	—	1,129,250	595,601	494,632	487,393
Debt-to-assets ratio		—	0.00	0.00	0.00	0.00

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $—K
= —

ELF Beauty Inc's debt-to-assets ratio has displayed a consistent trend of 0.00 from March 31, 2021, to March 31, 2024. This indicates that the company has not relied on debt as a source of financing compared to its total assets during these years. However, the data for March 31, 2025, is represented as "—", suggesting missing or undisclosed information for that period. Overall, a debt-to-assets ratio of 0.00 typically signifies a low financial risk and a strong financial position, as the company's debt obligations are minimal in relation to its total assets.