PDF Solutions Inc (PDFS)
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 | 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 | 1.28 | 1.28 | 1.28 | 1.27 | 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 |
Based on the provided data, PDF Solutions Inc has consistently maintained a strong solvency position over the years.
1. Debt-to-Assets Ratio: The debt-to-assets ratio has consistently remained at 0.00 across all periods. This indicates that the company has not relied on debt to finance its assets, reflecting a low-risk approach towards its capital structure.
2. Debt-to-Capital Ratio: Similar to the debt-to-assets ratio, the debt-to-capital ratio has also remained at 0.00 throughout the periods. This implies that the company's capital structure is primarily funded by equity rather than debt.
3. Debt-to-Equity Ratio: The debt-to-equity ratio has also consistently stayed at 0.00 in all periods. This signifies that the company has not taken on any debt relative to its equity, further highlighting a low level of financial risk in the capital structure.
4. Financial Leverage Ratio: The financial leverage ratio has shown a slightly increasing trend over the years, moving from 1.21 in March 2020 to 1.28 in December 2024. This suggests that the company has slightly increased its reliance on debt as part of its capital structure, but it is still maintained at a relatively low level, indicating a prudent approach to financial management.
In conclusion, PDF Solutions Inc demonstrates strong financial health and a conservative approach to managing its solvency ratios, with low or zero debt levels across all metrics.
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 | 0.06 | -0.18 | -0.67 | -0.44 | -0.03 | 0.48 | 0.99 | 0.28 | -0.58 | -2.30 | -4.75 | -9.13 | -10.55 | -11.26 | -10.88 | -10.78 | -10.83 | -12.97 | -10.41 | -6.12 |
The interest coverage ratio for PDF Solutions Inc was negative throughout the period from March 31, 2020, to December 31, 2024, indicating that the company's earnings were insufficient to cover its interest expenses during these periods. The ratio improved gradually from extremely negative levels in 2020 and 2021 to a positive figure by the end of 2023 and into 2024. This improvement suggests that the company's ability to cover its interest expenses with its operating income strengthened over time. However, it is essential to note that even with the positive interest coverage ratio in the later periods, the company should continue to monitor and manage its debt obligations prudently to ensure financial stability and sustainability.