Qualys Inc (QLYS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 973,537 | 812,618 | 700,941 | 814,559 | 736,819 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $973,537K
= 0.00
The debt-to-assets ratio for Qualys Inc has consistently been 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company relies on equity financing rather than debt to fund its operations and investments. Qualys Inc's strong position in terms of not having any debt on its balance sheet may imply a reduced financial risk, as the company does not have ongoing debt obligations that could strain its cash flows. However, it's important to note that while a low debt-to-assets ratio is generally favorable, it may also indicate that the company is not taking advantage of debt financing opportunities that could potentially enhance its growth or profitability.
Peer comparison
Dec 31, 2024