Qualys Inc (QLYS)

Financial leverage ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Total assets US$ in thousands 973,537 908,323 876,600 861,782 812,618 751,861 709,584 675,753 700,941 747,631 789,011 814,550 814,559 756,180 737,305 729,942 736,819 707,084 707,015 684,492
Total stockholders’ equity US$ in thousands 477,116 449,595 427,795 404,202 368,174 322,917 277,018 267,822 289,129 355,186 396,838 426,635 436,714 402,986 392,995 397,108 404,482 400,299 407,774 386,730
Financial leverage ratio 2.04 2.02 2.05 2.13 2.21 2.33 2.56 2.52 2.42 2.10 1.99 1.91 1.87 1.88 1.88 1.84 1.82 1.77 1.73 1.77

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $973,537K ÷ $477,116K
= 2.04

Qualys Inc's financial leverage ratio has shown an increasing trend from March 2020 to December 2024. The ratio started at 1.77 in March 2020 and steadily increased to 2.04 by December 2024. This indicates that the company's reliance on debt to finance its operations has been increasing over the period under review. A higher financial leverage ratio suggests a higher proportion of debt in the company's capital structure, which can potentially lead to increased financial risk and interest expenses. It is important for investors and stakeholders to monitor this ratio to assess the company's ability to meet its debt obligations and manage its financial leverage effectively.