Pegasystems Inc (PEGA)

Debt-to-assets ratio

		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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	US$ in thousands	1,321,950	1,768,270	1,579,230	1,536,530	1,511,730	1,510,740	1,222,530	1,192,440	1,281,840	1,357,670	1,166,460	1,258,380	1,538,480	1,593,530	1,555,400	1,602,570	1,528,500	1,604,260	1,487,330	1,496,280
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

March 31, 2025 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,321,950K
= 0.00

The analysis of Pegasystems Inc.'s debt-to-assets ratio over the specified period reveals a consistent value of zero. This indicates that, according to the available data, the company has maintained an absence of reported debt relative to its total assets from June 30, 2020, through March 31, 2025. The persistence of a zero ratio suggests that Pegasystems Inc. relied exclusively on equity financing during this timeframe, with no recorded long-term or short-term liabilities impacting its total assets. Such a capital structure implies a conservative financial approach, characterized by minimal leverage, which might influence its risk profile, cost of capital, and financial flexibility. It is important to note that the data does not specify whether this zero ratio reflects an absence of debt at a particular point or if debt details are simply not reported within this dataset. Nonetheless, the uniformity of the ratio over multiple periods underscores a stable financial positioning with regard to leverage.