Uber Technologies Inc (UBER)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 21,558,000 | 11,249,000 | 7,340,000 | 14,458,000 | 12,266,000 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $21,558,000K
= 0.00
The debt-to-equity ratio of Uber Technologies Inc has been consistently reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company's proportion of debt to equity is minimal or non-existent during this period. A debt-to-equity ratio of 0.00 suggests that the company relies more on equity financing rather than debt financing to support its operations and growth. This could signify a lower level of financial risk and leverage for Uber, as it is not heavily reliant on borrowed funds for its capital structure. Companies with lower debt-to-equity ratios are generally considered less risky in terms of financial stability and solvency, as they have a stronger financial position and are less vulnerable to debt repayment difficulties. Overall, Uber's consistent 0.00 debt-to-equity ratio indicates a strong equity base supporting its financial structure.
Peer comparison
Dec 31, 2024