Autodesk Inc (ADSK)
Solvency ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 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 | — |
| 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 | — |
| Financial leverage ratio | 4.13 | 3.87 | 4.03 | 4.55 | 5.34 | 6.23 | 7.55 | 10.11 | 8.24 | 9.53 | 11.12 | 12.13 | 10.14 | 6.67 | 5.59 | 6.47 | 7.54 | 85.78 | 85.40 | — |
Autodesk Inc's solvency ratios indicate a strong financial position with consistently low levels of debt in relation to its assets, capital, and equity over the reported periods up to January 31, 2025. The debt-to-assets ratio remained at 0.00 throughout, indicating that the company's total debt was negligible compared to its total assets during this time frame.
The debt-to-capital ratio also showed stability at 0.00 or not available, suggesting that the company's debt was well managed and did not significantly impact its capital structure. This indicates a healthy balance between debt and equity financing.
Similarly, the debt-to-equity ratio remained at 0.00, reflecting a minimal or nonexistent level of debt relative to the company's equity, further supporting Autodesk's strong financial position and low financial risk.
The financial leverage ratio, which measures the company's use of debt to finance its operations, showed a declining trend from a high of 85.78 in October 31, 2020, to 4.13 in January 31, 2025. This indicates that Autodesk has been reducing its reliance on debt financing over the years, which is a positive sign for long-term sustainability and lower financial risk.
Overall, Autodesk Inc's solvency ratios demonstrate a prudent approach to managing debt and maintaining a solid financial foundation, positioning the company well for future growth and stability.
Coverage ratios
| Jan 31, 2025 | Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 33.02 | 22.40 | 23.83 | 24.61 | 35.94 | 99.27 | 42.25 | 33.67 | 23.13 | 13.01 | 13.97 | 12.33 | 12.29 | 17.49 | 13.48 | 13.49 | 10.26 | 9.70 | 8.81 | 6.91 |
Autodesk Inc's interest coverage ratio, which measures the company's ability to pay interest expenses on its debt, has exhibited a generally positive trend over the past few years. Starting at 6.91 in April 2020, the ratio increased steadily to peak at 99.27 in October 2023, indicating a significant improvement in the company's ability to cover its interest obligations.
However, the interest coverage ratio experienced a notable decline in the following periods, dropping to 22.40 in October 2024 and then further to 33.02 in January 2025. While these levels are still relatively healthy, the downward trend suggests a potential decrease in the company's ability to service its debt through operating income.
It is important for investors and stakeholders to closely monitor Autodesk Inc's interest coverage ratio to ensure the company maintains a strong financial position and can manage its debt obligations effectively over time.