Cisco Systems Inc (CSCO)

Financial leverage ratio

		Jan 31, 2025	Oct 31, 2024	Jul 31, 2024	Jul 27, 2024	Apr 30, 2024	Apr 27, 2024	Jan 31, 2024	Jan 27, 2024	Oct 31, 2023	Oct 28, 2023	Jul 31, 2023	Jul 29, 2023	Apr 30, 2023	Apr 29, 2023	Jan 31, 2023	Jan 28, 2023	Oct 31, 2022	Oct 29, 2022	Jul 31, 2022	Jul 30, 2022
Total assets	US$ in thousands	121,375,000	123,333,000	124,413,000	124,413,000	122,998,000	122,998,000	101,174,000	101,174,000	98,782,000	98,782,000	101,852,000	101,852,000	97,529,000	97,529,000	95,840,000	95,840,000	93,054,000	93,054,000	94,002,000	94,002,000
Total stockholders’ equity	US$ in thousands	45,530,000	45,277,000	45,457,000	45,457,000	45,768,000	45,768,000	46,251,000	46,251,000	45,210,000	45,210,000	44,353,000	44,353,000	42,295,000	42,295,000	41,474,000	41,474,000	40,272,000	40,272,000	39,773,000	39,773,000
Financial leverage ratio		2.67	2.72	2.74	2.74	2.69	2.69	2.19	2.19	2.18	2.18	2.30	2.30	2.31	2.31	2.31	2.31	2.31	2.31	2.36	2.36

January 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $121,375,000K ÷ $45,530,000K
= 2.67

The financial leverage ratio of Cisco Systems Inc has exhibited some fluctuations over the period under consideration. It was relatively stable around 2.3 from July 2022 to July 2023, indicating a moderate level of leverage. However, there was a noticeable decrease in the ratio to 2.18 in October 2023, suggesting a potential improvement in the company's financial leverage position. Subsequently, the ratio increased to 2.74 by July 2024, reflecting a higher level of leverage, which then slightly decreased to 2.67 by January 2025. Overall, Cisco Systems Inc's financial leverage ratio has shown variability but generally remains within a moderate range during the analyzed period.