Planet Fitness Inc (PLNT)
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 | 1,962,870 | 1,966,680 | 1,970,490 | 1,974,300 | 1,978,130 | 1,982,160 | 1,985,730 | 1,989,530 | 1,740,270 | 1,743,050 | 1,745,830 | 1,748,620 | 1,751,430 | 1,754,190 | 1,756,950 | 1,759,730 | 1,687,500 | 1,155,050 | 1,156,790 | 1,158,480 |
| Total stockholders’ equity | US$ in thousands | -115,649 | -157,078 | -201,969 | -151,108 | -199,012 | -203,651 | -185,372 | -212,699 | -645,355 | -660,553 | -681,005 | -697,675 | -705,869 | -719,626 | -718,287 | -691,783 | -706,455 | -438,594 | -309,115 | -345,980 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,962,870K ÷ $-115,649K
= —
As the table does not provide specific debt and equity figures, the debt-to-equity ratio for Planet Fitness Inc cannot be calculated or analyzed for any of the quarters in 2022 or 2023. The debt-to-equity ratio is a key financial metric that assesses a company's financial leverage by comparing its total liabilities to its shareholders' equity. Without the necessary data, it is not possible to evaluate the company's capital structure and determine the extent to which it relies on debt financing. It would be beneficial for stakeholders to have access to this information to gain insights into the company's risk profile and financial stability.