Q2 Holdings (QTWO)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,294,800 | 1,201,420 | 1,349,730 | 1,385,040 | 1,416,700 |
| Total stockholders’ equity | US$ in thousands | 517,796 | 448,479 | 419,024 | 570,296 | 643,364 |
| Financial leverage ratio | 2.50 | 2.68 | 3.22 | 2.43 | 2.20 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,294,800K ÷ $517,796K
= 2.50
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Q2 Holdings
QTWO
2.50
Bentley Systems Inc
BSY
3.27
Guidewire Software Inc
GWRE
1.87