Guidewire Software Inc (GWRE)
Debt-to-equity ratio
| Jul 31, 2024 | Jul 31, 2023 | Jul 31, 2022 | Jul 31, 2021 | Jul 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | 397,171 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,342,730 | 1,199,470 | 1,451,660 | 1,544,890 | 1,656,770 |
| Debt-to-equity ratio | 0.00 | 0.33 | 0.00 | 0.00 | 0.00 |
July 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,342,730K
= 0.00
The debt-to-equity ratio of Guidewire Software Inc has been consistently low at 0.00 for the fiscal years ending on July 31, 2020, July 31, 2021, and July 31, 2022. This indicates that the company has not used debt as a significant source of financing relative to its equity during these years. However, there was a notable increase in the debt-to-equity ratio to 0.33 as of July 31, 2023. This suggests that the company may have taken on some level of debt in relation to its equity, which could indicate a shift in its capital structure or investment strategy. The ratio returned to 0.00 on July 31, 2024, potentially signaling a reduction in debt relative to equity. It is important to monitor this metric over time to assess the company's financial leverage and risk profile.
Peer comparison
Jul 31, 2024