Clear Secure Inc (YOU)
Debt-to-assets ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 1,194,930 | 858,577 | 982,382 | 1,017,040 | 1,045,010 | 1,061,960 | 1,085,900 | 1,093,590 | 1,037,520 | 894,791 | 893,876 | 854,055 | 812,750 | 773,226 | 303,795 | 301,502 | 232,268 |
| 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 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,194,930K
= 0.00
Clear Secure Inc has consistently maintained a debt-to-assets ratio of 0.00 throughout the reporting periods from December 31, 2020 to December 31, 2024. This indicates that the company has not used debt as a source of financing for its assets during this period. A debt-to-assets ratio of 0.00 suggests that Clear Secure Inc relies solely on equity financing to support its operations and investments in assets. This can be viewed positively by investors and creditors as it signifies a low financial risk and indicates a strong financial position with a lower probability of default.
Peer comparison
Dec 31, 2024