ELF Beauty Inc (ELF)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| 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 |
| 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 |
| 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 |
ELF Beauty Inc has consistently shown strong solvency ratios over the past few years, with a Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio all consistently at 0.00. This indicates that the company is not highly leveraged and has a low level of debt in relation to its assets and capital structure.
The Financial Leverage Ratio, which measures the proportion of a company's debt to its equity, has shown a decreasing trend over the years. This demonstrates that the company has been reducing its financial leverage, which is a positive sign for investors as it indicates a lower level of financial risk.
Overall, ELF Beauty Inc's solvency ratios reflect a strong financial position with minimal debt levels and a conservative capital structure. Investors can be reassured by the company's low leverage and solid solvency ratios.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 22.29 | 8.24 | 10.72 | 11.15 | 11.60 | 21.73 | 42.62 | 33.07 | 19.39 | 29.35 | 21.17 | 18.92 | 13.04 | 12.11 | 9.11 | 5.75 | 2.14 | 2.26 | 3.24 | 4.24 |
The interest coverage ratio for ELF Beauty Inc has shown fluctuations over the past few years. In June 2020, the interest coverage was 4.24 which indicates that the company's operating income was able to cover its interest expenses 4.24 times. This ratio decreased to 2.26 by December 2020, indicating a decline in the ability to cover interest payments.
However, from June 2021 onwards, the interest coverage ratio started to improve significantly. By September 2021, it reached 9.11, indicating a strong improvement in the company's ability to cover interest expenses. This trend continued to strengthen, with the ratio reaching 42.62 by September 2023, suggesting a robust ability to meet interest obligations.
The interest coverage ratio experienced a significant decrease by March 2024, dropping to 11.60 and further declining to 8.24 by December 2024. These decreases might indicate potential challenges in meeting interest payments during those periods.
Overall, while ELF Beauty Inc has shown improvements in its interest coverage ratio, there have been periods of fluctuation. It is essential for stakeholders to monitor this ratio to ensure the company maintains a healthy ability to meet its interest obligations.