Yelp Inc (YELP)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 749,534 | 710,324 | 751,318 | 854,534 | 754,991 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $749,534K)
= 0.00
Based on the data provided, Yelp Inc's debt-to-capital ratio has consistently been 0.00 over the past five years, including as of December 31, 2023. A debt-to-capital ratio of 0.00 indicates that the company has no debt relative to its total capital. This suggests that Yelp Inc has been relying more on equity financing rather than debt to fund its operations and investments. A low debt-to-capital ratio typically signifies a lower financial risk for the company as it indicates a lower level of financial leverage and potential interest rate risk. Investors and stakeholders may view this positively as it implies a stronger financial position and less exposure to debt-related risks.
Peer comparison
Dec 31, 2023