Clear Secure Inc (YOU)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 1,194,930 | 1,045,010 | 1,037,520 | 812,750 | 232,268 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,194,930K
= 0.00
The debt-to-assets ratio of Clear Secure Inc has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 signifies that Clear Secure Inc's assets are entirely financed by equity, suggesting a low financial risk and strong financial health. This stable and low debt-to-assets ratio reflects a conservative financial strategy focused on minimizing debt exposure and potential financial distress. Overall, Clear Secure Inc appears to have a solid capital structure with a comfortable level of financial leverage based on the consistently low debt-to-assets ratio observed over the years.
Peer comparison
Dec 31, 2024