PDF Solutions Inc (PDFS)
Solvency ratios
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| 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 | 1.27 | 1.33 | 1.25 | 1.23 | 1.22 |
The solvency ratios of PDF Solutions Inc. over the past five years indicate a consistent trend of low debt levels relative to its assets, capital, and equity. The debt-to-assets, debt-to-capital, and debt-to-equity ratios have all been consistently reported as 0.00, suggesting that the company operates with minimal financial leverage through debt financing.
The financial leverage ratio, on the other hand, has shown slight fluctuations over the same period, with values ranging from 1.22 to 1.33. This ratio indicates that the company's assets are financed partly through debt, with a marginal increase in leverage from 1.22 in 2019 to 1.33 in 2022, before decreasing slightly to 1.27 in 2023.
Overall, the solvency ratios reveal that PDF Solutions Inc. has a strong financial position with low levels of debt relative to its assets and equity. The company's prudent debt management approach aligns with a strategy focused on maintaining solid solvency and financial stability over the years.
Coverage ratios
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
|---|---|---|---|---|---|
| Interest coverage | — | -1.36 | — | -18.32 | -165.03 |
Unfortunately, the table provided does not contain the necessary data to calculate the interest coverage ratio for PDF Solutions Inc. Without the values for operating income and interest expenses for each year, we cannot compute the interest coverage ratio, which measures a company's ability to cover its interest payments with its operating income. It would be helpful to have access to this financial information in order to conduct a thorough analysis of PDF Solutions Inc.'s interest coverage over the years specified.