Cisco Systems Inc (CSCO)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 45,457,000 | 45,768,000 | 46,251,000 | 45,210,000 | 44,353,000 | 42,295,000 | 41,474,000 | 40,272,000 | 39,773,000 | 40,400,000 | 39,496,000 | 42,701,000 | 41,275,000 | 40,205,000 | 39,121,000 | 38,157,000 | 37,920,000 | 35,708,000 | 35,533,000 | 34,423,000 |
| Debt-to-capital ratio | 0.30 | 0.31 | 0.13 | 0.13 | 0.13 | 0.14 | 0.16 | 0.16 | 0.17 | 0.17 | 0.19 | 0.17 | 0.18 | 0.19 | 0.20 | 0.20 | 0.23 | 0.24 | 0.29 | 0.30 |
July 27, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $19,621,000K ÷ ($19,621,000K + $45,457,000K)
= 0.30
The debt-to-capital ratio for Cisco Systems Inc has shown some fluctuations over the past several quarters, ranging from 0.13 to 0.31. A lower debt-to-capital ratio indicates a lower reliance on debt to finance the company's operations, while a higher ratio suggests a higher level of debt relative to total capital.
The trend in Cisco Systems Inc's debt-to-capital ratio appears somewhat stable, with the ratio hovering in the range of 0.13 to 0.31. The slight increase in the ratio from 0.13 in January 2024 to 0.31 in April 2024 may indicate a shift towards a slightly higher reliance on debt during that period. However, the subsequent decrease to 0.30 in July 2024 suggests a partial reversal of this trend.
Overall, Cisco Systems Inc's debt-to-capital ratio reflects a moderate level of debt in relation to its total capital structure over the past few quarters. It is important to monitor this ratio in conjunction with other financial metrics to assess the company's overall financial health and leverage position.
Peer comparison
Jul 27, 2024