Qualys Inc (QLYS)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 368,174 | 289,129 | 436,714 | 404,482 | 386,803 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $368,174K)
= 0.00
The debt-to-capital ratio for Qualys Inc has consistently been 0.00 over the past five years, indicating that the company has not relied on debt to finance its operations and growth. A debt-to-capital ratio of 0.00 implies that the company's capital structure has been completely equity-funded, without any debt financing. This suggests that Qualys Inc has a strong financial position with minimal financial risk related to debt obligations. It also indicates that the company has been able to support its operations and investments using internally generated funds or equity capital. Overall, the stable and low debt-to-capital ratio reflects a conservative financial strategy and strong financial health for Qualys Inc.
Peer comparison
Dec 31, 2023