Appfolio Inc (APPF)

Financial leverage ratio

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 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
Total assets US$ in thousands 688,967 640,465 567,403 564,733 626,678 523,297 479,317 438,770 408,889 378,600 351,359 370,700 381,217 384,882 375,428 400,034 408,017 407,387 399,072 378,697
Total stockholders’ equity US$ in thousands 542,579 498,868 455,646 462,119 519,290 412,827 371,412 339,195 297,312 262,656 225,953 240,569 265,546 271,872 264,991 288,743 297,381 291,699 287,267 285,784
Financial leverage ratio 1.27 1.28 1.25 1.22 1.21 1.27 1.29 1.29 1.38 1.44 1.56 1.54 1.44 1.42 1.42 1.39 1.37 1.40 1.39 1.33

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $688,967K ÷ $542,579K
= 1.27