Liquidity Services Inc (LQDT)
Debt-to-equity ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 182,560 | 161,533 | 154,536 | 135,015 | 111,815 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $182,560K
= 0.00
The debt-to-equity ratio for Liquidity Services Inc has consistently been reported as 0.00 for the past five fiscal years from September 30, 2020, to September 30, 2024. This indicates that the company has not utilized any debt to finance its operations in relation to shareholder equity during this period. A debt-to-equity ratio of 0.00 often suggests that the company may be primarily relying on equity financing rather than debt, which can be seen as a positive indicator of financial stability and solvency. However, it is important to note that a very low or zero debt-to-equity ratio may also signal missed opportunities for leveraging debt to potentially enhance returns for shareholders. Additional information and context about the company's capital structure and strategic decisions would be beneficial to fully assess the sustainability and effectiveness of their financing approach.
Peer comparison
Sep 30, 2024