Yelp Inc (YELP)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 983,567 | 1,014,720 | 1,015,920 | 1,050,530 | 1,154,950 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $983,567K
= 0.00
Based on the provided data, Yelp Inc's debt-to-assets ratio has been consistently at 0.00 from December 31, 2020, to December 31, 2024. A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets during this period. This suggests that Yelp Inc is financing its operations primarily through equity, rather than relying on borrowed funds. A low or zero debt-to-assets ratio can be viewed positively by investors and creditors as it signifies a lower financial risk and potentially greater financial stability for the company. It's worth noting that while a zero debt-to-assets ratio may imply financial health, it may also indicate missed opportunities for leveraging debt for potential growth or expansion.
Peer comparison
Dec 31, 2024