Qualys Inc (QLYS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $477,116K
= 0.00
Qualys Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has no debt in its capital structure relative to its equity. A debt-to-equity ratio of 0.00 signifies that the company relies solely on equity financing for its operations and growth, which can be considered a positive indicator of financial stability and strength. This suggests that Qualys Inc may have a conservative financial strategy, minimizing its reliance on borrowed funds. It is essential to note that a low or zero debt-to-equity ratio does not necessarily imply financial health on its own, as other financial metrics and factors should be considered for a comprehensive assessment of the company's financial position.
Peer comparison
Dec 31, 2024