Cisco Systems Inc (CSCO)

Financial leverage ratio

Jul 31, 2025 Jul 31, 2024 Jul 27, 2024 Jul 31, 2023 Jul 29, 2023
Total assets US$ in thousands 122,564,000 124,413,000 124,413,000 101,852,000 101,852,000
Total stockholders’ equity US$ in thousands 47,116,000 45,457,000 45,457,000 44,353,000 44,353,000
Financial leverage ratio 2.60 2.74 2.74 2.30 2.30

July 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $122,564,000K ÷ $47,116,000K
= 2.60

The financial leverage ratio of Cisco Systems Inc, as observed from the provided data, indicates a fluctuating trend over the specified period. On July 29, 2023, and July 31, 2023, the ratio was consistent at 2.30, reflecting a relatively stable leverage position at that time. By July 27, 2024, the leverage ratio increased markedly to 2.74, persisting at this level through July 31, 2024. This rise suggests an increase in the company’s reliance on debt relative to its equity during this period. Subsequently, the ratio experienced a modest decline to 2.60 by July 31, 2025, indicating a slight reduction in leverage, though it remains elevated compared to the earlier data points. Overall, the trend demonstrates a period of increased financial leverage in mid-2024 followed by a partial rebalancing towards the latter date, reflecting changes in the company’s capital structure and potential shifts in debt management or equity funding strategies.


Peer comparison

Jul 31, 2025


See also:

Cisco Systems Inc Financial Leverage