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 | ||
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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.
Peer comparison
Dec 31, 2024