Qualys Inc (QLYS)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $368,174K
= 0.00

Based on the historical data provided, Qualys Inc has consistently maintained a debt-to-equity ratio of 0.00 across all quarters in 2022 and 2023. This suggests that the company has not utilized any debt to finance its operations and has relied solely on equity financing. A debt-to-equity ratio of 0.00 indicates a conservative financial strategy, where the company is not taking on any long-term debt obligations. This may indicate a strong financial position and lower financial risk, as the absence of debt can reduce interest expenses and financial leverage. However, it's important to note that while a low debt-to-equity ratio can be favorable, it may also mean that the company is not taking advantage of potential tax benefits associated with debt financing. Overall, Qualys Inc's consistent 0.00 debt-to-equity ratio reflects a conservative approach to capital structure and financial risk management.


Peer comparison

Dec 31, 2023