Clear Secure Inc (YOU)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 128,970 | 153,536 | 165,866 | 233,329 | 275,904 | 266,931 | 296,774 | 291,065 | 291,668 | 290,190 | 279,638 |
| 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 |
September 30, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $128,970K)
= 0.00
The debt-to-capital ratio for Clear Secure Inc has consistently been reported as 0.00 across all the periods listed in the table. This indicates that the company has not utilized any debt in its capital structure during these periods. A debt-to-capital ratio of 0.00 suggests that the company has financed its operations and growth solely through equity, without relying on borrowed funds. This may be viewed positively by investors and creditors as it implies a lower financial risk due to the absence of debt obligations. However, it is important to note that a low debt-to-capital ratio may also signal conservative financial management, which could limit potential growth opportunities that may arise from leveraging debt financing for strategic investments.
Peer comparison
Sep 30, 2024