HealthStream Inc (HSTM)
Debt-to-equity ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 340,752 | 334,064 | 339,019 | 334,062 | 338,168 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $340,752K
= 0.00
The debt-to-equity ratio of Healthstream Inc has consistently been reported as 0.00 for the past five years, including the most recent data as of December 31, 2023. This indicates that the company has not utilized any debt to finance its operations and instead relies solely on equity financing. A debt-to-equity ratio of 0.00 typically implies a conservative financial structure with a lower financial risk, as there is no debt to repay and the company's operations are primarily funded by shareholders' equity. This suggests that Healthstream Inc may have a strong financial position and is not highly leveraged, which could be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2023