QuinStreet Inc (QNST)
Financial leverage ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 431,107 | 368,546 | 337,155 | 419,909 | 449,917 |
| Total stockholders’ equity | US$ in thousands | 244,044 | 216,825 | 229,801 | 286,000 | 295,550 |
| Financial leverage ratio | 1.77 | 1.70 | 1.47 | 1.47 | 1.52 |
June 30, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $431,107K ÷ $244,044K
= 1.77
The financial leverage ratio of QuinStreet Inc exhibits a relatively stable trend over the analyzed period, with some notable variations. As of June 30, 2021, the ratio stood at 1.52, indicating a moderate use of debt relative to equity. By June 30, 2022, this ratio slightly declined to 1.47, suggesting a marginal decrease in financial leverage, and it remained steady through June 30, 2023, maintaining the same level at 1.47.
However, a notable increase is observed between June 30, 2023, and June 30, 2024, with the ratio rising to 1.70. This suggests an increased reliance on debt or a decrease in equity, leading to higher financial leverage. The trend continues upward through June 30, 2025, with the ratio reaching 1.77, further indicating a trend toward greater leverage.
Overall, the company's financial leverage ratio has remained relatively stable in the early years but shows an upward trajectory in the most recent years, indicating an increased use of debt financing. This escalation in leverage could imply a strategic shift towards more leveraging to support growth or operational needs, but it also warrants consideration of the associated risks due to higher debt levels.
Peer comparison
Jun 30, 2025