Qualys Inc (QLYS)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets 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 |
| 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 |
| 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 |
| Financial leverage ratio | 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 | 1.75 | 1.73 | 1.68 | 1.70 |
Qualys Inc has consistently maintained a strong solvency position with a debt-to-assets ratio, debt-to-capital ratio, and debt-to-equity ratio of 0.00 throughout the displayed periods. This suggests that the company operates with minimal debt relative to its total assets, capital, and equity, indicating a conservative financial structure with little financial risk.
However, the financial leverage ratio has shown some fluctuation over the periods, ranging from 1.91 to 2.56. This ratio indicates the extent to which the company relies on debt to finance its operations. Despite some variability, the financial leverage ratio generally remained within a reasonable range, indicating that the company's financial risk is manageable.
Overall, the solvency ratios reflect Qualys Inc's sound financial health and prudent financial management, as the company maintains a low level of debt compared to its assets, capital, and equity, which helps to enhance its financial stability and ability to weather economic challenges.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | — | — | — | — | — | — | — | — | 9,420.33 | 8,036.70 | 7,763.70 | 11,340.00 | 8,190.33 | 2,437.21 | 1,290.58 | 755.92 | 466.35 | 415.67 | 351.51 |
Based on the information provided, it appears that data regarding Qualys Inc's interest coverage ratio is not available for the quarters listed. The interest coverage ratio is typically calculated by dividing a company's earnings before interest and taxes (EBIT) by its interest expense. The absence of this data may suggest that the company does not disclose this ratio publicly or that the specific financial data required to calculate it is not readily available.
Without the interest coverage ratio figures, it is challenging to assess Qualys Inc's ability to meet its interest payment obligations from its operating income. Monitoring this ratio over time would provide insight into the company's financial health and its capacity to cover interest expenses with its earnings. I would recommend exploring other financial ratios or seeking additional information to gain a more comprehensive understanding of Qualys Inc's financial performance.