Clear Secure Inc (YOU)
Debt-to-capital 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 | 198,353 | 233,329 | 291,065 | 277,613 | 82,355 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $198,353K)
= 0.00
Based on the data provided, Clear Secure Inc's debt-to-capital ratio has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not had any debt in relation to its total capital during this period. A debt-to-capital ratio of 0.00 typically suggests that the company is not relying on debt financing to fund its operations or growth. This can be viewed positively by investors and creditors as it signifies lower financial risk and greater financial stability. However, it is important to consider other financial metrics and factors to have a comprehensive understanding of the company's financial health and performance.
Peer comparison
Dec 31, 2024