Liquidity Services Inc (LQDT)

Debt-to-equity ratio

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 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 165,379 161,533 155,809 151,074 154,953 154,536 144,669 132,989 137,079 135,015 116,561 106,938 115,063 111,815 110,238 108,112 112,437 116,175 121,113 124,465
Debt-to-equity 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

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $165,379K
= 0.00

Liquidity Services Inc has consistently reported a debt-to-equity ratio of 0.00 across all quarters in the provided data table. This indicates that the company has not utilized any debt to finance its operations relative to its equity during the analyzed period. A debt-to-equity ratio of 0.00 typically suggests that the company's operations are predominantly funded by equity, which could indicate a conservative financial strategy with a lower risk of default. However, it may also imply missed opportunities for leveraging debt for potential growth or tax advantages. Further analysis would be needed to assess the reasons behind this consistent debt-free position and its implications for Liquidity Services Inc's financial health and growth strategies.


Peer comparison

Dec 31, 2023