Yelp Inc (YELP)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital 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 |
| Debt-to-equity 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 |
| 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 |
The solvency ratios of Yelp Inc provide insights into the company's ability to meet its long-term financial obligations.
The debt-to-assets ratio for Yelp Inc has consistently been reported as 0.00 across all quarters, indicating that the company does not rely on debt financing to fund its assets.
Similarly, the debt-to-capital ratio and debt-to-equity ratio have also been consistently reported as 0.00 across all quarters, suggesting that Yelp Inc operates with minimal debt relative to its capital and equity base.
However, the financial leverage ratio for Yelp Inc has shown a slight fluctuation over the quarters, ranging from 1.35 to 1.47. This ratio indicates the extent to which the company relies on debt to finance its operations. A higher financial leverage ratio may imply higher financial risk, as increased debt levels can lead to higher interest payments and potential solvency issues.
Overall, Yelp Inc's solvency ratios suggest a strong financial position with minimal debt obligations and relatively conservative leverage levels. Investors and stakeholders may view these ratios positively as they indicate stability and financial strength within the company.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | — | — | 9.61 | 12.49 | 33.13 | 32.51 | 271.67 | 231.58 | 156.44 | -81.73 | -16.61 | -7.60 | -4.71 | 1.10 | 2.66 | 2.02 | 1.96 | 1.73 |
The interest coverage ratio for Yelp Inc in Q1 2022 was 469.91. Unfortunately, there is no data available for the subsequent quarters in 2022 and the quarters in 2023. This indicates that the company's ability to cover its interest expenses with its earnings could not be calculated or determined for those periods based on the provided information. A high interest coverage ratio generally suggests that the company is easily able to meet its interest obligations, while a low ratio may raise concerns about the company's financial stability and ability to service its debt.