Qualys Inc (QLYS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 477,116 | 368,174 | 289,129 | 436,714 | 404,482 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $477,116K)
= 0.00
Qualys Inc's debt-to-capital ratio has consistently remained at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period, resulting in a capital structure entirely reliant on equity. A debt-to-capital ratio of 0.00 signifies that Qualys Inc has a strong financial position with no debt obligations impacting its capital base. This may suggest a conservative approach to financing its operations and investments, potentially reducing financial risk and enhancing the company's ability to weather economic downturns. However, it is essential to consider the opportunity cost of not leveraging debt for potential growth or other strategic initiatives.
Peer comparison
Dec 31, 2024