QuinStreet Inc (QNST)
Solvency ratios
| 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 | Dec 31, 2019 | Sep 30, 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 | 1.70 | 1.62 | 1.49 | 1.44 | 1.47 | 1.45 | 1.40 | 1.43 | 1.47 | 1.44 | 1.43 | 1.47 | 1.52 | 1.53 | 1.49 | 1.53 | 1.40 | 1.45 | 1.45 | 1.50 |
QuinStreet Inc's solvency ratios provide insights into the company's ability to meet its long-term financial obligations. Over the historical period presented, the debt-to-assets, debt-to-capital, and debt-to-equity ratios have consistently remained at 0.00, indicating that the company has not utilized debt as a source of financing.
However, the financial leverage ratio has fluctuated over the period, ranging from 1.40 to 1.70. This ratio indicates the proportion of QuinStreet's total assets financed by equity compared to debt. The upward trend in the financial leverage ratio suggests an increase in the company's reliance on debt to finance its operations.
It is essential to closely monitor the financial leverage ratio as sustained increases may indicate a higher level of financial risk for QuinStreet Inc, potentially resulting in increased financial pressure or difficulties in meeting debt obligations in the long run.
Coverage ratios
| 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 | Dec 31, 2019 | Sep 30, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | -43.76 | -49.15 | -47.84 | -37.61 | -26.07 | -19.98 | -15.57 | -13.19 | -4.37 | 2.09 | 6.36 | 12.11 | 23.60 | 25.67 | 37.73 | 45.59 | 27.85 | 28.43 | 8.52 | 12.62 |
The interest coverage ratio of QuinStreet Inc has shown significant fluctuations over the past several quarters, ranging from negative figures to positive values.
The interest coverage ratio provides insight into a company's ability to meet interest obligations on its outstanding debt. A higher ratio indicates a stronger ability to cover interest expenses with operating income.
In the most recent quarter, the interest coverage ratio was negative, indicating that QuinStreet's operating income was insufficient to cover its interest payments. This raises concerns about the company's financial health and ability to service its debt obligations.
Looking at historical data, the interest coverage ratio has deteriorated over the past quarters, with significant declines in coverage ratios. This downward trend suggests increased financial risk and potential liquidity challenges for QuinStreet Inc.
It is crucial for investors and stakeholders to monitor the company's interest coverage ratio closely to assess its ability to manage debt and maintain financial stability. A sustained improvement in the interest coverage ratio would be essential for restoring confidence in the company's financial standing.