Yelp Inc (YELP)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 749,534 | 739,574 | 708,602 | 704,128 | 710,324 | 701,378 | 718,604 | 724,349 | 751,318 | 781,823 | 803,464 | 827,100 | 854,534 | 815,628 | 781,320 | 762,432 | 754,991 | 702,564 | 746,455 | 994,838 |
| Financial leverage ratio | 1.35 | 1.39 | 1.46 | 1.45 | 1.43 | 1.47 | 1.42 | 1.44 | 1.40 | 1.38 | 1.38 | 1.37 | 1.35 | 1.40 | 1.37 | 1.42 | 1.42 | 1.46 | 1.45 | 1.34 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,014,720K ÷ $749,534K
= 1.35
Yelp Inc's financial leverage ratio has exhibited some fluctuations over the past eight quarters, ranging from a low of 1.35 in Q4 2023 to a high of 1.47 in Q3 2022. The ratio indicates the extent to which the company relies on debt financing to support its operations and expansion. Generally, a higher financial leverage ratio suggests that the company has a higher level of debt relative to its equity, which might pose greater financial risk.
The declining trend observed from Q3 2022 to Q4 2023 may signify a decreasing reliance on debt financing or improved financial stability. However, the ratio increased slightly in Q3 2023, which could indicate a recent uptick in debt levels. Overall, it is important for investors and stakeholders to monitor Yelp Inc's financial leverage ratio closely to assess the company's debt management and risk exposure in the long run.
Peer comparison
Dec 31, 2023