Planet Fitness Inc (PLNT)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 3,069,710 | 2,969,690 | 2,854,590 | 2,015,980 | 1,849,740 |
| Total stockholders’ equity | US$ in thousands | -215,380 | -115,649 | -199,012 | -645,355 | -705,869 |
| Financial leverage ratio | — | — | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,069,710K ÷ $-215,380K
= —
The financial leverage ratio for Planet Fitness Inc remains unavailable for the years December 31, 2020 to December 31, 2024. Without this ratio, it is challenging to assess the extent to which the company relies on debt to finance its operations and growth. Financial leverage ratio is a critical metric that provides insight into the company's capital structure and risk profile. Its absence in the disclosed data hinders a comprehensive analysis of the company's financial health and stability in terms of debt utilization.