PDF Solutions Inc (PDFS)
Solvency ratios
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 1.27 | 1.27 | 1.29 | 1.31 | 1.33 | 1.31 | 1.26 | 1.24 | 1.25 | 1.23 | 1.23 | 1.20 | 1.23 | 1.17 | 1.18 | 1.21 | 1.22 | 1.18 | 1.18 | 1.18 |
PDF Solutions Inc. has consistently maintained a low level of debt relative to its assets, capital, and equity, as indicated by the debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio all being at 0.00 across all quarters in the provided data. This suggests that the company relies more on equity financing rather than debt to fund its operations and investments.
However, there is a noticeable trend in the financial leverage ratio over the quarters, showing an increasing trend from Q1 2022 to Q4 2023. The financial leverage ratio, which stood at 1.24 in Q1 2022, has gradually increased to 1.27 in Q4 2023. This indicates that the company has been taking on more debt relative to its equity as a source of financing, which may pose a higher financial risk as the company becomes more leveraged.
Overall, while PDF Solutions Inc. has a strong solvency position with minimal debt compared to its assets, capital, and equity, the increasing trend in the financial leverage ratio should be monitored for potential impacts on the company's financial stability and risk profile in the future.
Coverage ratios
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | — | 13.73 | 7.21 | 3.13 | 3.65 | 3.16 | 0.58 | -2.89 | -3.49 | -3.26 | -9.52 | -13.76 | -11.84 | -7.58 | 12.86 | -11.78 | -13.21 | -11.03 |
I'm sorry, but without the specific data points for interest coverage for PDF Solutions Inc., I am unable to provide a detailed and comprehensive analysis. It seems that the information for interest coverage in the provided table is not available or incomplete across the quarters mentioned. In order to perform a thorough analysis, we would need the actual figures for interest coverage for those periods. If you can provide the necessary data, I would be happy to help analyze PDF Solutions Inc.'s interest coverage in depth.