ANSYS Inc (ANSS)

Financial leverage ratio

		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
Total assets	US$ in thousands	8,051,430	7,608,070	7,319,620	7,150,410	7,322,880	6,673,520	6,605,250	6,480,930	6,687,940	6,161,640	6,118,580	6,053,180	6,324,310	5,974,750	5,890,770	5,818,030	5,940,590	4,846,300	4,671,870	4,526,080
Total stockholders’ equity	US$ in thousands	6,086,440	5,828,780	5,586,500	5,409,640	5,390,360	5,006,800	4,914,410	4,782,160	4,865,850	4,543,680	4,452,760	4,363,950	4,484,050	4,339,240	4,250,220	4,111,970	4,097,870	3,589,610	3,438,050	3,292,350
Financial leverage ratio		1.32	1.31	1.31	1.32	1.36	1.33	1.34	1.36	1.37	1.36	1.37	1.39	1.41	1.38	1.39	1.41	1.45	1.35	1.36	1.37

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 shown a somewhat fluctuating trend over the past few years. The ratio has ranged between 1.31 and 1.45 during the period from March 31, 2020, to December 31, 2024.

The highest level of financial leverage, at 1.45, was observed at the end of December 31, 2020, indicating a higher reliance on debt to finance the company's operations during that period. On the other hand, the lowest financial leverage ratio of 1.31 was recorded at the end of June 30, 2024, suggesting a relatively lower level of debt in the company's capital structure at that time.

Overall, the variations in ANSYS Inc's financial leverage ratio suggest that the company has been managing its debt levels to navigate through different business and economic cycles. It is essential for stakeholders to monitor this ratio over time to assess the company's leverage and risk profile.