Cisco Systems Inc (CSCO)

Debt-to-assets ratio

		Jul 27, 2024	Apr 27, 2024	Jan 27, 2024	Oct 28, 2023	Jul 29, 2023	Apr 29, 2023	Jan 28, 2023	Oct 29, 2022	Jul 30, 2022	Apr 30, 2022	Jan 29, 2022	Oct 30, 2021	Jul 31, 2021	May 1, 2021	Jan 23, 2021	Oct 24, 2020	Jul 25, 2020	Apr 25, 2020	Jan 25, 2020	Oct 26, 2019
Long-term debt	US$ in thousands	19,621,000	20,102,000	6,669,000	6,660,000	6,658,000	6,663,000	7,637,000	7,629,000	8,416,000	8,418,000	8,969,000	8,996,000	9,018,000	9,532,000	9,554,000	9,564,000	11,578,000	11,578,000	14,494,000	14,497,000
Total assets	US$ in thousands	124,413,000	122,998,000	101,174,000	98,782,000	101,852,000	97,529,000	95,840,000	93,054,000	94,002,000	92,797,000	94,262,000	95,981,000	97,497,000	93,896,000	95,601,000	95,003,000	94,853,000	91,394,000	90,426,000	92,492,000
Debt-to-assets ratio		0.16	0.16	0.07	0.07	0.07	0.07	0.08	0.08	0.09	0.09	0.10	0.09	0.09	0.10	0.10	0.10	0.12	0.13	0.16	0.16

July 27, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $19,621,000K ÷ $124,413,000K
= 0.16

The debt-to-assets ratio for Cisco Systems Inc has been observed to be relatively stable over the period outlined, fluctuating within a narrow range. The ratio indicates the proportion of the company's total assets that are financed by debt, with a lower ratio generally suggesting lower financial risk.

Cisco Systems Inc's debt-to-assets ratio has consistently hovered around 0.07 to 0.16, with some minor fluctuations. The ratio stood at 0.16 in the most recent period, showing that 16% of the company's assets are funded by debt. This suggests that Cisco utilizes a moderate level of debt to finance its operations and investments.

The stability of the debt-to-assets ratio over time implies that Cisco has maintained a balanced capital structure, managing its debt levels effectively. Investors and stakeholders may view this consistency positively as it indicates a prudent approach to managing the company's financial obligations.