Clear Secure Inc (YOU)

Debt-to-equity 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 stockholders’ equity US$ in thousands 198,353 128,970 153,536 165,866 233,329 275,904 266,931 296,774 291,065 291,668 290,190 279,638 277,613 286,284 62,641 139,681 82,355
Debt-to-equity 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-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 for the period spanning from December 31, 2020, to December 31, 2024. This low debt-to-equity ratio indicates that the company relies more on equity financing rather than debt to fund its operations and growth. Clear Secure Inc's financial structure suggests that it has a strong equity base relative to its debt obligations, which can be perceived positively by investors and creditors. A debt-to-equity ratio of 0.00 may indicate that the company has either no debt or very minimal debt compared to its equity, reflecting a conservative financial approach.