NetScout Systems Inc (NTCT)
Solvency ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.40 | 1.37 | 1.39 | 1.55 | 1.54 |
NetScout Systems Inc's solvency ratios indicate a strong financial position with consistently low levels of debt relative to its assets, capital, and equity. The Debt-to-assets ratio, Debt-to-capital ratio, and Debt-to-equity ratio have all been reported as 0.00 across the years from 2021 to 2025, signifying that the company has no significant debt obligations in relation to these financial metrics.
Additionally, the Financial leverage ratio has shown a stable trend over the years, ranging from 1.37 to 1.55. This indicates that the company's reliance on debt to finance its operations has remained relatively moderate and consistent, with little variation observed. Overall, these solvency ratios suggest that NetScout Systems Inc maintains a healthy balance sheet structure and possesses a solid financial foundation that is not heavily leveraged.
Coverage ratios
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | |
|---|---|---|---|---|---|
| Interest coverage | 0.00 | 6.85 | 7.68 | 6.26 | 3.80 |
NetScout Systems Inc's interest coverage ratio has shown some fluctuations over the past few years. As of March 31, 2021, the interest coverage ratio was 3.80, indicating that the company generated operating income 3.80 times over to cover its interest expenses for that period.
Over the following years, NetScout's interest coverage ratio improved significantly. By March 31, 2023, the ratio had increased to 7.68, reflecting a stronger ability to meet its interest obligations from operating income. This upward trend demonstrates an enhanced capacity to service its debt obligations through operating profits.
However, by March 31, 2025, the interest coverage ratio dropped to 0.00, indicating that NetScout's operating income was insufficient to cover its interest expenses. This significant decline in the ratio could raise concerns about the company's ability to meet its interest payments solely from operating income.
Overall, while NetScout Systems Inc's interest coverage ratio has shown improvement and volatility over the years, the recent drop to 0.00 in 2025 raises a red flag regarding the company's ability to comfortably meet its interest obligations.