VeriSign Inc (VRSN)
Financial leverage ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,749,000 | 1,733,400 | 1,983,800 | 1,766,910 | 1,854,010 |
| Total stockholders’ equity | US$ in thousands | -1,581,000 | -1,562,200 | -1,260,500 | -1,390,200 | -1,490,100 |
| Financial leverage ratio | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,749,000K ÷ $-1,581,000K
= —
The financial leverage ratio for Verisign Inc. is not provided in the table. The financial leverage ratio is a measure of the company's use of debt to finance its assets. It indicates the proportion of a company's assets that are financed through debt rather than equity. A higher financial leverage ratio generally indicates higher financial risk as the company has more debt obligations to meet. On the other hand, a lower financial leverage ratio indicates a lower level of debt relative to equity and may signal a more conservative financial structure. Without the specific ratio data provided for Verisign Inc., it is not possible to assess the trend or level of the company's financial leverage over the five-year period from 2019 to 2023.
Peer comparison
Dec 31, 2023