Qualys Inc (QLYS)

Debt-to-capital 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 stockholders’ equity US$ in thousands 368,174 322,917 277,018 267,822 289,129 355,186 396,838 426,635 436,714 402,986 392,995 397,108 404,482 400,299 407,774 386,730 386,803 361,023 383,598 373,403
Debt-to-capital 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $368,174K)
= 0.00

Based on the provided data from the past eight quarters, Qualys Inc has consistently maintained a debt-to-capital ratio of 0.00. This indicates that the company has not used any debt to finance its operations and investments relative to its total capital structure. A debt-to-capital ratio of 0.00 signifies that Qualys Inc relies solely on equity financing, potentially indicating a conservative financial strategy aimed at minimizing interest expenses and financial risk. It suggests that the company has a strong financial position and may enjoy greater financial flexibility and stability. However, it is important to consider other financial metrics and factors in conjunction with the debt-to-capital ratio to gain a holistic view of Qualys Inc's financial health and performance.


Peer comparison

Dec 31, 2023