Qualys Inc (QLYS)

Debt-to-assets ratio

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
Long-term debt US$ in thousands
Total assets US$ in thousands 812,618 751,861 709,584 675,753 700,941 747,631 789,011 814,550 814,559 756,180 737,305 729,942 736,819 707,084 707,015 684,492 675,608 625,924 645,612 636,141
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

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 across all quarters from Q1 2022 to Q4 2023. This indicates that the company has not used debt to finance its assets during this period. A debt-to-assets ratio of 0.00 suggests that the company relies solely on equity to fund its operations and investments, which can be viewed positively in terms of financial stability and risk management. It also reflects a strong financial position with low financial leverage and minimal risk of insolvency due to debt obligations. Investors and creditors may perceive a low debt-to-assets ratio as a sign of financial prudence and effective capital management on the part of Qualys Inc.


Peer comparison

Dec 31, 2023