NetScout Systems Inc (NTCT)

Financial leverage ratio

Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020
Total assets US$ in thousands 430,945 2,174,740 2,070,670 2,085,420 2,595,300 2,589,800 2,697,710 2,730,600 2,820,560 2,904,110 2,822,050 2,816,640 3,194,710 3,133,550 3,016,400 3,033,050 3,085,040 3,146,320 3,077,550 3,067,530
Total stockholders’ equity US$ in thousands 1,560,400 1,520,580 1,459,390 1,432,000 1,892,060 1,903,900 2,039,670 2,031,210 2,029,650 2,005,150 1,937,650 1,906,890 2,061,500 2,047,590 1,999,000 2,002,960 2,005,780 1,978,240 1,939,320 1,929,820
Financial leverage ratio 0.28 1.43 1.42 1.46 1.37 1.36 1.32 1.34 1.39 1.45 1.46 1.48 1.55 1.53 1.51 1.51 1.54 1.59 1.59 1.59

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $430,945K ÷ $1,560,400K
= 0.28

The financial leverage ratio of NetScout Systems Inc has exhibited a downward trend from 1.59 as of June 30, 2020, to 0.28 as of March 31, 2025. This trend indicates a decrease in the company's reliance on debt to finance its operations and investments over the period under consideration. A lower financial leverage ratio could signify a stronger financial position, as the company has reduced its debt relative to its equity capital. However, it is essential to analyze the reasons behind this decline to fully assess the impact on the company's financial health and strategic decisions.