Keysight Technologies Inc (KEYS)
Financial leverage ratio
| Oct 31, 2024 | Oct 31, 2023 | Oct 31, 2022 | Oct 31, 2021 | Oct 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 9,269,000 | 8,683,000 | 8,098,000 | 7,781,000 | 7,218,000 |
| Total stockholders’ equity | US$ in thousands | 5,105,000 | 4,654,000 | 4,161,000 | 3,784,000 | 3,297,000 |
| Financial leverage ratio | 1.82 | 1.87 | 1.95 | 2.06 | 2.19 |
October 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $9,269,000K ÷ $5,105,000K
= 1.82
The financial leverage ratio of Keysight Technologies Inc has shown a declining trend over the past five years, decreasing from 2.19 in October 2020 to 1.82 in October 2024. This indicates that the company has been gradually reducing its reliance on debt to finance its operations and investments. A lower financial leverage ratio suggests a lower level of financial risk as the company is relying less on borrowed funds for its operations. Overall, the decreasing trend in the financial leverage ratio of Keysight Technologies Inc reflects a more conservative financial structure and potentially a stronger financial position.
Peer comparison
Oct 31, 2024