Clear Secure Inc (YOU)
Debt-to-equity 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 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 277,613 | 286,284 | 62,641 |
| 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 |
September 30, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $128,970K
= 0.00
The debt-to-equity ratio for Clear Secure Inc has consistently been recorded as 0.00 across various reporting periods, indicating that the company has not utilized any debt financing and has relied solely on equity to fund its operations and investments. A ratio of 0.00 suggests that the company's financial structure is equity-dominated, which may be viewed positively by investors and creditors as it signifies a lower financial risk and indicates that the company may be less susceptible to financial distress caused by debt obligations. However, it is essential to note that a debt-to-equity ratio of 0.00 may also imply missed opportunities for leveraging debt to potentially enhance returns or fund growth initiatives. Further insight into the company's capital structure and financing strategies would be necessary to fully assess the implications of its consistently low debt-to-equity ratio.
Peer comparison
Sep 30, 2024