ANSYS Inc (ANSS)
Financial leverage ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Total assets | US$ in thousands | 8,051,430 | 7,322,880 | 6,687,940 | 6,324,310 | 5,940,590 |
Total stockholders’ equity | US$ in thousands | 6,086,440 | 5,390,360 | 4,865,850 | 4,484,050 | 4,097,870 |
Financial leverage ratio | 1.32 | 1.36 | 1.37 | 1.41 | 1.45 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $8,051,430K ÷ $6,086,440K
= 1.32
The financial leverage ratio of ANSYS Inc has been gradually declining over the past five years, indicating a decreasing reliance on debt to finance its operations. As of December 31, 2020, the ratio stood at 1.45, decreasing to 1.41 by December 31, 2021, and further dropping to 1.37 by December 31, 2022. Subsequently, the ratio continued to decrease to 1.36 by December 31, 2023, and reached its lowest level of 1.32 by December 31, 2024. This downward trend signifies a strengthening of the company's financial position and lower risk associated with debt repayment, potentially enhancing its overall financial stability.
Peer comparison
Dec 31, 2024