ELF Beauty Inc (ELF)

Financial leverage ratio

		Mar 31, 2025	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
Total assets	US$ in thousands	—	1,264,830	1,237,020	1,204,830	1,129,250	1,108,280	746,936	657,881	595,601	555,925	542,141	513,857	494,632	490,950	493,012	498,392	487,393	480,905	473,424	462,068
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
Financial leverage ratio		—	1.65	1.70	1.71	1.76	1.80	1.45	1.39	1.45	1.44	1.52	1.54	1.58	1.61	1.68	1.76	1.81	1.82	1.86	1.86

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $—K ÷ $—K
= —

The financial leverage ratio of ELF Beauty Inc has been gradually decreasing from June 30, 2022, to March 31, 2023, suggesting a reduction in the company's reliance on debt to finance its operations. However, the ratio increased sharply to 1.80 as of December 31, 2023, which may indicate an increase in debt relative to equity.

Subsequently, the financial leverage ratio decreased to 1.76 by March 31, 2024, and continued to decline over the next few quarters until reaching 1.65 as of December 31, 2024. This declining trend in the ratio may suggest a strengthening financial position with less reliance on debt.

The absence of data for March 31, 2025, makes it challenging to evaluate the most recent financial leverage ratio. Overall, monitoring ELF Beauty Inc's financial leverage ratio is essential to assess the company's capital structure and risk management strategies.