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