VeriSign Inc (VRSN)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | -1,581,000 | -1,633,400 | -1,617,900 | -1,593,800 | -1,562,200 | -1,542,400 | -1,455,000 | -1,285,100 | -1,260,500 | -1,417,600 | -1,417,900 | -1,403,800 | -1,390,200 | -1,386,250 | -1,400,320 | -1,409,110 | -1,490,100 | -1,451,920 | -1,425,170 | -1,406,130 |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,749,000K ÷ $-1,581,000K
= —
As the financial leverage ratio data for Verisign Inc. is not available in the table provided, it is not possible to conduct a detailed analysis of this particular ratio over the mentioned periods. The financial leverage ratio, also known as the debt-to-equity ratio, is a crucial metric that indicates the proportion of a company's debt to its equity.
To evaluate Verisign's financial leverage, it would be necessary to calculate the ratio using the company's total debt and total equity figures from its financial statements across the specified quarters. A higher financial leverage ratio typically indicates higher financial risk due to increased reliance on debt financing, while a lower ratio suggests a more conservative capital structure.
Without access to the specific data points, it is challenging to assess how Verisign's financial leverage has evolved over time and compare it to industry benchmarks or prior performance. Stakeholders would benefit from a detailed analysis of the financial leverage ratio to gain insights into the company's leverage position and its implications for solvency and risk management.
Peer comparison
Dec 31, 2023