Hims Hers Health Inc (HIMS)
Debt-to-assets 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 assets | US$ in thousands | 707,539 | 602,261 | 480,500 | 448,106 | 441,186 | 413,865 | 389,884 | 376,306 | 366,341 | 382,827 | 379,965 | 382,039 | 420,585 | 420,069 | 347,699 | 345,900 | 118,697 | 205,814 | 206,201 | 206,287 |
| 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 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $707,539K
= 0.00
The debt-to-assets ratio of Hims Hers Health Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has not utilized debt financing to fund its assets during this period. This suggests that the company has either been operating with a strong cash position to finance its operations and investments or it has been relying on equity financing instead of taking on debt.
Having a debt-to-assets ratio of 0.00 can be considered a positive indicator as it signifies low financial risk associated with debt obligations. It also implies that the company's assets are fully funded by equity, which may provide the company with greater financial flexibility and stability in the long run. However, it is important to note that while a low debt-to-assets ratio is generally favorable, it is essential to evaluate the company's overall financial health and capital structure in conjunction with other financial metrics for a comprehensive analysis.
Peer comparison
Dec 31, 2024