Qualys Inc (QLYS)
Debt-to-assets ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 973,537 | 908,323 | 876,600 | 861,782 | 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 |
| 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, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $973,537K
= 0.00
The debt-to-assets ratio of Qualys Inc has consistently been at 0.00 for the periods specified from March 31, 2020, to December 31, 2024. This indicates that Qualys Inc has not used debt financing to acquire assets during this time frame. A debt-to-assets ratio of 0.00 means that the company's total debt is zero compared to its total assets, suggesting a conservative financing approach and a strong financial position where assets are mainly financed by equity. This low or zero debt level signifies a lower financial risk for the company as it does not have significant debt obligations that could impact its operations or financial stability. It also implies that Qualys Inc may have opted to rely on internally generated funds or equity financing for its asset acquisitions and growth initiatives instead of taking on debt.
Peer comparison
Dec 31, 2024