Agilysys Inc (AGYS)
Solvency ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | — | 1.48 | 1.68 | 1.61 | 1.65 |
Agilysys Inc's solvency ratios reflect a strong financial position with consistently low levels of debt relative to its assets, capital, and equity. The Debt-to-assets ratio has consistently been at 0.00 from 2021 to 2025, indicating that the company is not heavily reliant on debt to fund its operations and growth.
Similarly, the Debt-to-capital and Debt-to-equity ratios have remained at 0.00 for the same period, signaling that the company has a low level of debt in relation to its total capital and equity, respectively. This suggests that Agilysys Inc has a prudent capital structure with minimal debt obligations.
The Financial leverage ratio, which measures the extent to which a company relies on debt financing, has also been relatively low, ranging from 1.48 to 1.68 over the years. A Financial leverage ratio below 2 typically indicates that a company is not highly leveraged, further supporting Agilysys Inc's solid financial position.
Overall, based on the solvency ratios provided, Agilysys Inc appears to have a healthy balance sheet with minimal debt levels, reflecting the company's ability to meet its financial obligations and maintain financial stability.
Coverage ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Interest coverage | 9.54 | — | 5.46 | 543.58 | -1,059.45 |
Agilysys Inc's interest coverage ratio has displayed significant fluctuations over the years. In March 2021, the interest coverage ratio was significantly negative at -1,059.45, indicating that the company's earnings were insufficient to cover its interest expenses. However, there has been a substantial improvement in the interest coverage ratio as of March 2022, which stood at 543.58, suggesting the company's ability to meet its interest obligations had considerably strengthened.
By March 2023, the interest coverage ratio further improved to 5.46, indicating a continued positive trend in the company's ability to cover its interest payments. However, the data for March 2024 is missing (represented by an em dash), making it challenging to assess the company's financial health for that period.
As of March 2025, Agilysys Inc's interest coverage ratio stood at 9.54, which suggests the company's earnings were 9.54 times higher than its interest expenses, reflecting a strong ability to cover its financial obligations. Overall, the trend indicates an improvement in Agilysys Inc's financial position and its ability to manage its interest expenses over the years.