Guidewire Software Inc (GWRE)
Financial leverage ratio
Oct 31, 2024 | Jul 31, 2024 | Apr 30, 2024 | Jan 31, 2024 | Oct 31, 2023 | Jul 31, 2023 | Apr 30, 2023 | Jan 31, 2023 | Oct 31, 2022 | Jul 31, 2022 | Apr 30, 2022 | Jan 31, 2022 | Oct 31, 2021 | Jul 31, 2021 | Apr 30, 2021 | Jan 31, 2021 | Oct 31, 2020 | Jul 31, 2020 | Apr 30, 2020 | Jan 31, 2020 | ||
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Total assets | US$ in thousands | 2,596,700 | 2,226,290 | 2,040,020 | 2,013,520 | 1,919,600 | 2,027,890 | 1,916,530 | 2,003,950 | 1,948,510 | 2,266,900 | 2,157,340 | 2,183,620 | 2,178,350 | 2,321,840 | 2,249,980 | 2,335,730 | 2,338,960 | 2,364,850 | 2,208,870 | 2,221,590 |
Total stockholders’ equity | US$ in thousands | 1,268,030 | 1,342,730 | 1,285,370 | 1,256,110 | 1,205,650 | 1,199,470 | 1,195,110 | 1,220,170 | 1,185,160 | 1,451,660 | 1,185,160 | 1,480,470 | 1,498,380 | 1,544,890 | 1,556,480 | 1,644,660 | 1,659,860 | 1,656,770 | 1,586,010 | 1,592,560 |
Financial leverage ratio | 2.05 | 1.66 | 1.59 | 1.60 | 1.59 | 1.69 | 1.60 | 1.64 | 1.64 | 1.56 | 1.82 | 1.47 | 1.45 | 1.50 | 1.45 | 1.42 | 1.41 | 1.43 | 1.39 | 1.39 |
October 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,596,700K ÷ $1,268,030K
= 2.05
The financial leverage ratio of Guidewire Software Inc has shown some fluctuations over the past few years. The ratio was relatively stable around 1.39 to 1.43 from January 2020 to October 2020, indicating a moderate level of leverage during that period. However, there was a noticeable increase in the ratio to 1.82 by April 2022, suggesting a higher level of financial leverage.
Subsequently, the ratio decreased to 1.56 by July 2022 and then fluctuated between 1.45 to 1.69 until October 2023. This range indicates some volatility in the company's leverage position during this time. However, by October 2024, there was a significant spike in the financial leverage ratio to 2.05, signifying a substantial increase in the company's leverage.
Overall, the financial leverage ratio of Guidewire Software Inc has shown fluctuations over the years, with some periods of increased leverage levels. It will be important for the company to closely monitor and manage its leverage to ensure a healthy balance between debt and equity in its capital structure.
Peer comparison
Oct 31, 2024