Pitney Bowes Inc (PBI)
Solvency ratios
| 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 | Mar 31, 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 |
| 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 |
| Financial leverage ratio | — | — | — | — | — | — | — | 75.56 | 78.17 | — | 105.94 | 51.54 | 44.03 | 101.81 | 93.93 | 257.85 | 78.69 | 63.75 | 114.76 | 166.27 |
Pitney Bowes Inc has consistently maintained a Debt-to-assets ratio of 0.00 over the past few years, indicating that the company has not relied heavily on debt to finance its assets. This demonstrates a strong ability to manage its assets without incurring significant debt.
The Debt-to-capital ratio has also been minimal, with a few missing data points in the recent periods. The ratios being close to zero suggest that the company relies more on equity financing rather than debt for its capital structure.
Similarly, the Debt-to-equity ratio has remained at 0.00 for most periods, implying a low level of debt relative to equity in the company's capital structure. This indicates a conservative financial approach and a reduced risk of financial distress due to excessive leverage.
The Financial leverage ratio has shown some fluctuations over time, with a peak in March 2020 at 166.27 and decreasing to 44.03 by December 2021. This ratio measures the proportion of the company's assets that are financed through debt, and the decreasing trend suggests a shift towards a less leveraged financial position.
Overall, based on the solvency ratios analyzed, Pitney Bowes Inc appears to have a solid financial position with minimal debt levels and a conservative approach to capital structure management, indicating a lower risk of insolvency and financial instability in the foreseeable future.
Coverage ratios
| 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 | Mar 31, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 0.16 | -0.87 | -0.73 | -1.46 | -1.71 | -0.35 | -0.31 | 0.72 | 0.98 | 0.98 | 1.02 | 1.20 | 0.73 | 0.82 | 0.81 | 0.75 | -0.46 | -0.49 | -0.71 | -0.55 |
The interest coverage ratio of Pitney Bowes Inc has shown significant fluctuation over the reporting periods. The company's ability to cover its interest expenses with operating income has been volatile, with negative ratios recorded in some quarters. This indicates that Pitney Bowes Inc may have had difficulty generating enough earnings to cover its interest obligations during those periods.
However, there have been instances where the interest coverage ratio improved and turned positive, suggesting a better ability to meet interest payments with operating income. It is important to note that a higher interest coverage ratio is generally preferred as it indicates a lower financial risk for the company.
Overall, the trend in Pitney Bowes Inc's interest coverage ratio has been inconsistent, highlighting the need for a closer examination of the company's financial health and debt management practices.