NetScout Systems Inc (NTCT)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
NetScout Systems Inc has consistently demonstrated a strong solvency position, as indicated by its very low debt-to-assets, debt-to-capital, and debt-to-equity ratios, all of which have remained at 0.00 across various reporting periods from June 30, 2020, to March 31, 2025. This suggests that the company has little to no debt relative to its assets, capital, and equity, highlighting its robust financial structure and minimal financial risk.
Furthermore, the financial leverage ratio, which provides insight into the level of leverage the company is using to support its operations, has shown a declining trend over the same period. Starting at 1.59 on June 30, 2020, the ratio consistently decreased to reach 0.28 as of March 31, 2025. This decreasing trend indicates that NetScout Systems Inc has been reducing its reliance on debt financing over time, potentially improving its overall financial stability and reducing the risk of financial distress.
Overall, the solvency ratios of NetScout Systems Inc reflect a sound financial position with a prudent approach to managing its debt levels, contributing to a strong foundation for long-term financial health and sustainability.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | -46.73 | -47.64 | -73.79 | -69.34 | -16.31 | -11.80 | 8.56 | 8.41 | 7.78 | 8.10 | 8.22 | 6.15 | 5.76 | 7.19 | 4.21 | 3.58 | 2.73 | 2.49 | 2.81 | 1.88 |
NetScout Systems Inc's interest coverage ratio has shown fluctuating trends over the period from June 30, 2020, to March 31, 2025. The interest coverage ratio, which indicates the company's ability to meet its interest obligations, started at 1.88 on June 30, 2020.
The ratio improved steadily to reach a peak of 8.56 on September 30, 2023, indicating the company's increased ability to cover its interest expenses with its earnings. However, this positive trend was reversed in the following quarters.
By December 31, 2023, the interest coverage ratio dropped significantly to -11.80, indicating that the company's earnings were not sufficient to cover its interest payments. This downward trend continued into the following quarters, with the ratio falling to -46.73 by March 31, 2025.
Overall, the analysis suggests that NetScout Systems Inc's interest coverage ratio has been volatile and has experienced significant fluctuations, indicating potential challenges in meeting interest obligations with earnings in the latter part of the period analyzed. This warrants further investigation into the company's financial health and the causes behind the substantial decrease in the interest coverage ratio.