Fair Isaac Corporation (FICO)
Financial leverage ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,717,880 | 1,575,280 | 1,442,030 | 1,567,780 | 1,606,240 |
| Total stockholders’ equity | US$ in thousands | -962,679 | -687,990 | -801,947 | -110,942 | 331,082 |
| Financial leverage ratio | — | — | — | — | 4.85 |
September 30, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,717,880K ÷ $-962,679K
= —
The financial leverage ratio for Fair Isaac Corporation was not provided for the years ending September 30, 2020 to 2023. However, based on the available data, in the year ending September 30, 2024, the financial leverage ratio could not be calculated or was not disclosed.
The financial leverage ratio measures the extent to which a company relies on debt to finance its assets. A higher financial leverage ratio indicates a greater reliance on debt, which can amplify returns but also increase financial risk. Fair Isaac Corporation had a financial leverage ratio of 4.85 in the year ending September 30, 2020, suggesting that the company had high levels of debt relative to its equity.
Without the financial leverage ratio data for the subsequent years, it is challenging to assess the trend in the company's leverage position. Investors and analysts often monitor changes in the financial leverage ratio over time to evaluate the company's capital structure and risk profile. Fair Isaac Corporation's financial leverage ratio should be closely monitored in future periods to assess changes in its leverage position and potential financial risks.
Peer comparison
Sep 30, 2024