ELF Beauty Inc (ELF)

Debt-to-capital 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	767,387	727,695	703,590	642,572	614,224	516,428	471,702	411,017	385,304	356,960	333,449	312,429	305,468	294,093	282,622	269,646	264,602	254,653	248,708	242,171
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $767,387K)
= 0.00

ELF Beauty Inc has consistently maintained a debt-to-capital ratio of 0.00 throughout the financial periods from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt in its capital structure during these periods and has relied entirely on equity financing. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is not leveraged, which can be viewed positively as it indicates a low financial risk and a strong financial position. ELF Beauty Inc's consistent zero debt-to-capital ratio suggests a conservative approach to financing and a stable financial position with no significant debt obligations impacting its capital structure.