Exponent Inc (EXPO)
Solvency ratios
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.82 | 1.70 | 1.69 | 1.66 | 1.83 | 1.75 | 1.68 | 1.60 | 1.64 | 1.58 | 1.60 | 1.53 | 1.60 | 1.56 | 1.54 | 1.50 | 1.61 | 1.52 | 1.51 | 1.49 |
Exponent Inc's solvency ratios indicate a strong financial position with consistently low debt levels relative to its assets, capital, and equity. The debt-to-assets, debt-to-capital, and debt-to-equity ratios have all been consistently at 0.00, indicating that the company operates with minimal to no debt on its balance sheet. This signifies a low financial risk and a stable capital structure.
The financial leverage ratio, which measures the company's ability to meet its financial obligations, has shown slight fluctuations but generally remains relatively low. The trend of the financial leverage ratio decreasing over time suggests that Exponent Inc has been steadily reducing its reliance on debt to finance its operations.
Overall, the solvency ratios reflect Exponent Inc's conservative financial management approach and strong balance sheet health. The company's low debt levels provide a cushion against economic downturns and the flexibility to pursue growth opportunities without being heavily burdened by interest payments or debt repayment obligations.
Coverage ratios
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
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| Interest coverage | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the absence of data for Exponent Inc's interest coverage ratio in the provided table, it is not possible to analyze or assess the company's ability to meet its interest payments using this particular financial ratio. The interest coverage ratio is a key metric that helps investors and creditors evaluate a company's ability to pay its interest expenses on outstanding debt. Without the necessary data points, it is challenging to provide a detailed analysis or interpretation of Exponent Inc's interest coverage ratio for the given time periods.