Yelp Inc (YELP)
Debt-to-assets ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,014,720 | 1,015,920 | 1,050,530 | 1,154,950 | 1,070,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,014,720K
= 0.00
The debt-to-assets ratio for Yelp Inc over the past five years has consistently been 0.00, indicating that the company has not used debt to finance its operations and growth. This implies that Yelp Inc has been relying solely on its equity and retained earnings to fund its assets. A debt-to-assets ratio of 0.00 suggests that the company has a strong financial position with minimal financial risk related to debt obligations. This could indicate a conservative financial strategy by Yelp Inc, where it has chosen not to take on debt to avoid interest payments and potential financial distress. Overall, a consistent debt-to-assets ratio of 0.00 over the years reflects Yelp Inc's prudent financial management and ability to maintain a healthy balance sheet.
Peer comparison
Dec 31, 2023