Hims Hers Health Inc (HIMS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $476,716K
= 0.00
The debt-to-equity ratio of Hims Hers Health Inc has been consistently 0.00 from December 31, 2021, to December 31, 2024. This indicates that the company has no debt or negligible debt compared to its equity during these periods. A low or zero debt-to-equity ratio suggests that the company is primarily funded by equity rather than debt, which can be a positive sign of financial stability. It implies that the company may have a lower financial risk as it has a lower reliance on external borrowing for its operations. However, it's essential to consider other financial metrics and factors in conjunction with the debt-to-equity ratio to gain a holistic view of the company's financial health and efficiency in capital structure management.
Peer comparison
Dec 31, 2024