What is Duolingo Debt-to-Equity?
Duolingo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.9 Mil. Duolingo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $21.1 Mil. Duolingo's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $655.5 Mil.
Duolingo's debt to equity for the quarter that ended in Dec. 2023 was 0.04.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Duolingo's Debt-to-Equity or its related term are showing as below:
DUOL'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.12 Med: 0.04 Max: 0.06
Current: 0.04
During the past 5 years, the highest Debt-to-Equity Ratio of Duolingo was 0.06. The lowest was -0.12. And the median was 0.04.
Duolingo Debt-to-Equity Historical Data
The historical data trend for Duolingo's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Duolingo Debt-to-Equity Chart
|
Duolingo Annual Data
|
|
Trend |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Debt-to-Equity |
|
-0.12 |
-0.12 |
0.06 |
0.05 |
0.04 |
|
Duolingo Quarterly Data
|
|
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Debt-to-Equity |
Get a 7-Day Free Trial
|
|
|
|
|
|
|
|
|
|
0.05 |
0.05 |
0.05 |
0.04 |
0.04 |
Competitive Comparison of Duolingo's Debt-to-Equity
For the Software - Application subindustry, Duolingo's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Duolingo's Debt-to-Equity Distribution in the Software Industry
For the Software industry and Technology sector, Duolingo's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Duolingo's Debt-to-Equity falls into.
Duolingo Debt-to-Equity Calculation
Debt to Equity measures the financial leverage a company has.
Duolingo's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as
Duolingo's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Duolingo (Duolingo) Business Description
Traded in Other Exchanges
Address
5900 Penn Avenue, Pittsburgh, PA, USA, 15206
Duolingo Inc is a technology company that develops mobile learning platform to learn languages and is the top-grossing app in the Education category on both Google Play and the Apple App Store. Its products are powered by sophisticated data analytics and artificial intelligence and delivered with class art, animation, and design to make it easier for learners to stay motivated master new material, and achieve their learning goals. Its solutions include The Duolingo Language Learning App, Super Duolingo, Duolingo English Test: AI-Driven Language Assessment, Duolingo For Schools, Duolingo ABC, and Duolingo Math. It has three predominant sources of revenue; time-based subscriptions, in-app advertising placement by third parties, and the Duolingo English Test.
Executives
| Natalie Glance |
officer: SVP, Engineering |
C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
| Stephen C. Chen |
officer: General Counsel |
C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
| Robert Meese |
officer: Chief Business Officer |
C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
| Severin Hacker |
director, 10 percent owner, officer: Chief Technology Officer,, other: Co-Founder |
C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
| Matthew Skaruppa |
officer: Chief Financial Officer |
C/O DUOLINGO, INC., 5900 PENN AVE., PITTSBURGH PA 15206 |
| Ahn Luis Von |
director, 10 percent owner, officer: President & CEO, Co-Founder |
C/O ROOT, INC., 80 E. RICH STREET, SUITE 500, COLUMBUS OH 43215 |
| Durable Capital Partners Lp |
10 percent owner |
4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814 |
| James H Shelton |
director |
469 FLORIDA AVENUE NW, WASHINGTON DC 20001 |
| Gillian Munson |
director |
C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007 |
| Sara Clemens |
director |
C/O PANDORA MEDIA, INC., 2101 WEBSTER STREET, #1650, OAKLAND CA 94612 |
| Ravi Viswanathan |
10 percent owner |
1954 GREENSPRING DRIVE, SUITE 600, TIMONIUM MD 21093 |
| Newview Capital Fund I, L.p. |
10 percent owner |
1290 HOWARD AVE, SUITE 319, BURLINGAME CA 94010 |
| Newview Capital Partners I, Llc |
10 percent owner |
1201 HOWARD AVENUE, SUITE 101, BURLINGAME CA 94010 |
| Kpcb Digital Growth Founders Fund, Llc |
10 percent owner |
2750 SAND HILL ROAD, MENLO PARK CA 94025 |
| Kpcb Dgf Associates, Llc |
10 percent owner |
2750 SAND HILL ROAD, MENLO PARK CA 94025 |
Duolingo (Duolingo) Headlines
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
DUOL has been successfully added to your