Yelp Inc (YELP)
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 | 743,969 | 749,534 | 710,324 | 751,318 | 854,534 |
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 ÷ $743,969K
= 0.00
Yelp Inc's debt-to-equity ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt financing to support its operations and growth during this period. A debt-to-equity ratio of 0.00 implies that Yelp relies entirely on equity financing, which may suggest a conservative capital structure. This could potentially mean lower financial risk and leverage for the company, as there is no debt to repay or interest expenses to service. However, it's essential to note that a zero debt-to-equity ratio may also indicate missed opportunities for leveraging debt to potentially enhance returns for shareholders. Overall, Yelp Inc's consistent 0.00 debt-to-equity ratio reflects a strategic decision to maintain a debt-free capital structure thus far.
Peer comparison
Dec 31, 2024