Yelp Inc (YELP)
Debt-to-assets ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,014,720 | 1,027,320 | 1,033,290 | 1,021,680 | 1,015,920 | 1,030,330 | 1,023,170 | 1,044,910 | 1,050,530 | 1,079,070 | 1,105,240 | 1,135,380 | 1,154,950 | 1,138,950 | 1,073,480 | 1,085,220 | 1,070,700 | 1,028,770 | 1,083,430 | 1,337,860 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Based on the data provided for Yelp Inc's debt-to-assets ratio spanning the last eight quarters, it is evident that the company consistently maintained a debt-to-assets ratio of 0.00 across all these periods. This suggests that Yelp Inc has not utilized debt as a source of financing to support its operations during this time frame. A debt-to-assets ratio of 0.00 typically indicates that the company's assets are funded entirely by equity, implying a lower financial risk due to the absence of debt obligations. It is essential to note that while a low debt-to-assets ratio can be favorable in terms of financial stability and solvency, it may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders or fuel growth initiatives. Further insights into Yelp Inc's capital structure and financing decisions would be necessary to fully assess the implications of this consistent ratio over time.
Peer comparison
Dec 31, 2023