ELF Beauty Inc (ELF)

Debt-to-equity ratio

		Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Long-term debt	US$ in thousands	—	—	—	—	—
Total stockholders’ equity	US$ in thousands	—	642,572	411,017	312,429	269,646
Debt-to-equity ratio		—	0.00	0.00	0.00	0.00

March 31, 2025 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $—K
= —

Based on the available data, ELF Beauty Inc's debt-to-equity ratio has been consistently reported as 0.00 for the periods ending from March 31, 2021, through March 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has either no debt or a negligible amount of debt in relation to its equity. This can suggest a strong financial position with a lower risk of financial distress due to lower debt levels. However, the data for March 31, 2025, is marked as "—", indicating that data for this period is not available. It is important to consider the context and industry norms while analyzing the debt-to-equity ratio for ELF Beauty Inc to gain a more comprehensive understanding of the company's capital structure and financial health.