ELF Beauty Inc (ELF)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 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 | 242,447 | 231,688 | 222,008 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $642,572K
= 0.00
ELF Beauty Inc has consistently maintained a debt-to-equity ratio of 0.00 across the reported periods. This indicates that the company has no debt in its capital structure relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company is entirely financed by equity, suggesting a low financial risk and a strong financial position. ELF Beauty Inc's consistent zero debt-to-equity ratio implies that the company is not relying on external borrowing to fund its operations, which may reduce the risk of financial distress or bankruptcy. Investors and stakeholders may view a zero debt-to-equity ratio positively as it indicates a conservative and stable financial strategy.
Peer comparison
Mar 31, 2024