Qualys Inc (QLYS)

Debt-to-assets ratio

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Long-term debt US$ in thousands
Total assets US$ in thousands 812,618 700,941 814,559 736,819 675,608
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $812,618K
= 0.00

Qualys Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past five years, indicating that the company operates with no debt in relation to its total assets. This suggests that Qualys Inc relies more on equity financing rather than debt financing to fund its operations and investments. A debt-to-assets ratio of 0.00 signifies a strong financial position and may imply a lower financial risk profile as the company is not burdened by debt obligations that could strain its cash flows. Qualys Inc's consistent zero debt-to-assets ratio can be seen as a positive indicator of financial stability and prudent financial management.


Peer comparison

Dec 31, 2023