Keysight Technologies Inc (KEYS)
Debt-to-assets ratio
| 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 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,208,000 | 1,195,000 | 1,794,000 | 1,793,000 | 1,793,000 | 1,793,000 | 1,792,000 | 1,792,000 | 1,791,000 | 1,791,000 | 1,791,000 | 1,790,000 | 1,790,000 | 1,789,000 | 1,789,000 | 1,788,000 | 1,788,000 | 1,788,000 | 1,292,000 | 1,292,000 |
| Total assets | US$ in thousands | 9,060,000 | 8,683,000 | 8,826,000 | 8,708,000 | 8,448,000 | 8,098,000 | 7,852,000 | 7,764,000 | 7,728,000 | 7,781,000 | 7,804,000 | 7,686,000 | 7,494,000 | 7,218,000 | 7,161,000 | 6,757,000 | 6,841,000 | 6,623,000 | 6,348,000 | 6,190,000 |
| Debt-to-assets ratio | 0.13 | 0.14 | 0.20 | 0.21 | 0.21 | 0.22 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.23 | 0.24 | 0.25 | 0.25 | 0.26 | 0.26 | 0.27 | 0.20 | 0.21 |
January 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,208,000K ÷ $9,060,000K
= 0.13
Keysight Technologies Inc has maintained a relatively stable debt-to-assets ratio over the past eight quarters, ranging from 0.20 to 0.23. This ratio indicates that the company finances a moderate proportion of its assets through debt, with around 20-23% of its total assets being funded by debt. The consistency in the ratio suggests that Keysight has been managing its debt levels effectively, avoiding any significant spikes or declines that could signal financial distress or overly conservative financing. Overall, the trend in the debt-to-assets ratio reflects a balanced approach to capital structure management by Keysight Technologies Inc.
Peer comparison
Jan 31, 2024