VeriSign Inc (VRSN)

Debt-to-assets ratio

		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
Long-term debt	US$ in thousands	1,790,200	1,789,600	1,789,000	1,788,500	1,787,900	1,787,400	1,786,800	1,786,300	1,785,700	1,785,150	1,784,650	1,790,710	1,790,080	1,789,450	1,788,820	1,788,190	1,787,560	1,786,940	1,786,310	1,785,680
Total assets	US$ in thousands	1,749,000	1,695,900	1,677,200	1,757,000	1,733,400	1,744,400	1,762,500	1,973,200	1,983,800	1,814,710	1,741,380	1,782,900	1,766,910	1,764,310	1,820,130	1,753,860	1,854,010	1,886,730	1,889,900	1,919,680
Debt-to-assets ratio		1.02	1.06	1.07	1.02	1.03	1.02	1.01	0.91	0.90	0.98	1.02	1.00	1.01	1.01	0.98	1.02	0.96	0.95	0.95	0.93

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,790,200K ÷ $1,749,000K
= 1.02

Verisign Inc.'s debt-to-assets ratio has shown relatively stable levels in the recent quarters, ranging from 0.91 to 1.07. The trend indicates that the company's proportion of debt to total assets has been relatively consistent, with no significant spikes or declines. A debt-to-assets ratio above 1 suggests that the company's liabilities exceed its total assets, indicating that Verisign Inc. relies more on debt financing than equity. While a ratio above 1 may raise concerns about financial leverage and solvency, it is essential to consider other factors such as the company's industry norms and overall financial health. It is advisable for Verisign Inc. to continue monitoring and managing its debt levels to ensure a healthy balance between debt and assets.