Agilysys Inc (AGYS)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 236,477 | 230,273 | 116,618 | 111,686 | 109,310 | 111,912 | 106,594 | 101,276 | 97,344 | 92,413 | 87,718 | 84,487 | 79,876 | 81,779 | 77,924 | 71,350 | 71,757 | 96,936 | 98,365 | 99,923 |
| 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 |
March 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $236,477K
= 0.00
The debt-to-equity ratio of Agilysys Inc has consistently been reported as 0.00 across all the periods listed in the table. This indicates that the company has no debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 can suggest that the company is primarily financed by equity rather than debt, which could imply lower financial risk and leverage. It is important to note that a debt-to-equity ratio of 0.00 may not provide a complete picture of the company's financial health, as it could be due to a variety of factors such as the repayment of debt, low levels of borrowing, or unusual accounting treatments. Further analysis of other financial ratios and metrics is necessary to gain a more comprehensive understanding of Agilysys Inc's overall financial position.
Peer comparison
Mar 31, 2024