Hims Hers Health Inc (HIMS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 476,716 | 344,029 | 311,741 | 334,619 | -146,874 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $476,716K)
= 0.00
The debt-to-capital ratio for Hims Hers Health Inc has been steadily decreasing over the years. In 2020, the ratio was not available (indicated as "—"), but from 2021 to 2024, the ratio remained at 0.00. This indicates that the company has no debt relative to its capital during these years. A debt-to-capital ratio of 0.00 suggests that the company is financing its operations primarily through equity rather than debt, which can indicate a lower financial risk and potential for better financial health. However, it's important to note that a very low debt-to-capital ratio may also signal underutilization of debt for potential growth or capital efficiency.
Peer comparison
Dec 31, 2024