Planet Fitness Inc (PLNT)
Debt-to-equity ratio
| Dec 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 2,148,030 | 2,152,280 | 2,156,550 | 1,959,030 | 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 |
| Total stockholders’ equity | US$ in thousands | -215,380 | -266,132 | -317,664 | -96,415 | -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 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $2,148,030K ÷ $-215,380K
= —
The debt-to-equity ratio indicates the proportion of a company's financing that comes from creditors compared to its equity shareholders. In the case of Planet Fitness Inc, the provided data suggests that the debt-to-equity ratio is shown as "—", indicating that specific values for this ratio are not available for the periods mentioned.
Without specific values for the debt-to-equity ratio, it is challenging to assess the company's capital structure and the extent to which it relies on debt to fund its operations. Typically, a lower debt-to-equity ratio indicates a lower level of financial risk, as it suggests that the company is relying more on equity financing rather than debt financing.
For a more in-depth analysis or to evaluate the company's leverage over time, it would be beneficial to have access to actual debt and equity figures to calculate the debt-to-equity ratio for Planet Fitness Inc for the respective periods.