Clear Secure Inc (YOU)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $198,353K
= 0.00
Clear Secure Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during these years, relying solely on equity for funding. A debt-to-equity ratio of 0.00 reflects a low financial risk as the company does not have any debt obligations that could potentially strain its financial stability. It also suggests that Clear Secure Inc may have a strong financial position, as it has not relied on borrowed funds to support its growth and operations.
Peer comparison
Dec 31, 2024