Planet Fitness Inc (PLNT)
Financial leverage 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 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total assets | US$ in thousands | 3,069,710 | 3,048,180 | 2,974,040 | 2,992,780 | 2,969,690 | 2,944,850 | 2,848,240 | 2,905,560 | 2,854,590 | 2,846,260 | 2,884,090 | 2,992,400 | 2,015,980 | 1,949,700 | 1,899,600 | 1,864,980 | 1,849,740 | 1,801,550 | 1,800,040 | 1,875,640 |
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 |
Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,069,710K ÷ $-215,380K
= —
The financial leverage ratio of Planet Fitness Inc for the period from March 31, 2020, to December 31, 2024, is not available as the data provided indicates that the financial leverage ratio was not reported or provided during this time frame. The financial leverage ratio is a measure that indicates the proportion of a company's debt in its capital structure.
Without the specific values of the financial leverage ratio for the mentioned periods, it is challenging to assess the company's leverage position and its ability to meet its financial obligations. A higher financial leverage ratio typically implies a higher level of debt in relation to equity, suggesting higher financial risk. On the other hand, a lower ratio may indicate a more conservative capital structure.
In the absence of data on the financial leverage ratio for Planet Fitness Inc, it is important to consider other financial metrics and indicators to evaluate the company's overall financial health and risk profile.