Liquidity Services Inc (LQDT)
Debt-to-capital ratio
| 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 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 182,560 | 171,970 | 163,925 | 165,379 | 161,533 | 155,809 | 151,074 | 154,953 | 154,536 | 144,669 | 132,989 | 137,079 | 135,015 | 116,561 | 106,938 | 115,063 | 111,815 | 110,238 | 108,112 | 112,437 |
| 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 | 0.00 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $182,560K)
= 0.00
The debt-to-capital ratio of Liquidity Services Inc has been consistently reported as 0.00 across all the periods displayed in the table. This indicates that the company has not used any debt as a source of capital relative to its overall capital structure. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily composed of equity, suggesting a lower financial risk profile as there is no debt obligation to repay. It is important to note that while a low debt-to-capital ratio can be favorable in terms of financial risk, it may also imply missed opportunities for leveraging debt to potentially enhance returns on equity.
Peer comparison
Sep 30, 2024