ACI Worldwide Inc (ACIW)
Solvency ratios
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 | 0.00 | 0.00 | 0.00 |
| 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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 2.12 | 2.33 | 2.72 | 2.63 | 2.60 | 2.69 | 2.62 | 2.58 | 2.69 | 2.72 | 2.66 | 2.62 | 2.54 | 2.66 | 2.69 | 2.64 | 2.81 | 2.79 | 2.88 | 2.91 |
ACI Worldwide Inc shows a consistently low Debt-to-Assets ratio, Debt-to-Capital ratio, and Debt-to-Equity ratio, indicating minimal reliance on debt to finance its operations and investments. The Financial Leverage ratio has shown some fluctuations over the years but remains within a moderate range, implying a balanced mix of debt and equity in the capital structure. This suggests that the company has a strong solvency position and is less vulnerable to financial distress due to excessive debt levels. Overall, ACI Worldwide Inc appears to have a solid financial footing based on its solvency ratios.
Coverage ratios
| 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 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 3.95 | 4.40 | 4.03 | 3.33 | 2.88 | 2.69 | 2.64 | 3.31 | 4.88 | 5.74 | 5.73 | 5.58 | 4.89 | 3.42 | 3.42 | 3.51 | 2.74 | 2.57 | 2.64 | 2.08 |
ACI Worldwide Inc's interest coverage ratio has displayed fluctuations over the past few years. The interest coverage ratio measures the company's ability to meet its interest payments on outstanding debt. A higher ratio indicates a better ability to cover interest expenses.
From March 31, 2020, to December 31, 2022, the interest coverage ratio showed a positive trend, steadily increasing from 2.08 to 4.88. This suggests that the company was improving its ability to cover its interest obligations during this period.
However, in the following quarters, the interest coverage ratio experienced some volatility. It peaked at 5.74 on September 30, 2022, before declining to 2.64 by June 30, 2023. This rapid decline could indicate potential challenges in meeting interest payments during this period.
The interest coverage ratio recovered slightly by December 31, 2024, reaching 3.95. While the ratio had not returned to previous highs, this improvement suggests that the company may be working to strengthen its ability to cover interest expenses.
Overall, the analysis of ACI Worldwide Inc's interest coverage ratio indicates a mix of positive trends and potential challenges in meeting interest obligations. Monitoring this ratio in the future will be important to assess the company's financial health and ability to service its debt.