Cisco Systems Inc (CSCO)
Financial leverage ratio
| Jul 31, 2024 | Jul 27, 2024 | Jul 31, 2023 | Jul 29, 2023 | Jul 31, 2022 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 124,413,000 | 124,413,000 | 101,852,000 | 101,852,000 | 94,002,000 |
| Total stockholders’ equity | US$ in thousands | 45,457,000 | 45,457,000 | 44,353,000 | 44,353,000 | 39,773,000 |
| Financial leverage ratio | 2.74 | 2.74 | 2.30 | 2.30 | 2.36 |
July 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $124,413,000K ÷ $45,457,000K
= 2.74
The financial leverage ratio of Cisco Systems Inc has shown some fluctuations over the past few years. It was 2.36 as of July 31, 2022, and decreased slightly to 2.30 by July 29, 2023. The ratio remained stable at 2.30 until July 31, 2023, indicating a consistent level of leverage. However, there was a notable increase to 2.74 by July 27, 2024, and this level was maintained until July 31, 2024.
Overall, the financial leverage ratio of Cisco Systems Inc suggests that the company has been operating with a moderate level of leverage, which can indicate a balanced mix of debt and equity in its capital structure. It is important for investors and stakeholders to closely monitor changes in this ratio to assess the company's financial risk and stability.
Peer comparison
Jul 31, 2024