VeriSign Inc (VRSN)
Solvency ratios
| Dec 31, 2024 | Sep 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 1.06 | 1.02 | 1.19 | 1.04 | 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 |
| Debt-to-capital ratio | — | — | — | 11.55 | 8.56 | 11.46 | 10.46 | 9.19 | 7.92 | 7.30 | 5.39 | 3.56 | 3.40 | 4.86 | 4.87 | 4.63 | 4.48 | 4.44 | 4.60 | 4.72 |
| Debt-to-equity ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financial leverage ratio | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Based on the provided data, we can analyze VeriSign Inc's solvency ratios as follows:
1. Debt-to-Assets Ratio: VeriSign Inc's Debt-to-Assets ratio fluctuated slightly over the years, ranging from 0.90 to 1.19. This ratio indicates the proportion of the company's assets financed by debt, with higher values suggesting a higher level of financial risk.
2. Debt-to-Capital Ratio: VeriSign Inc's Debt-to-Capital ratio also varied significantly, from 3.40 to 11.55. This ratio measures the proportion of debt in the company's capital structure, with higher values indicating higher leverage and financial risk.
3. Debt-to-Equity Ratio and Financial Leverage Ratio: The data provided did not contain information on VeriSign Inc's Debt-to-Equity Ratio and Financial Leverage Ratio, which are essential solvency indicators. These ratios would have provided insights into the company's reliance on debt financing and the impact on shareholder equity.
In summary, VeriSign Inc's solvency ratios show fluctuations in debt levels and capital structure over the years, indicating varying levels of financial risk and leverage. It is important for stakeholders to closely monitor these ratios to assess the company's ability to meet its financial obligations and evaluate its overall solvency position.
Coverage ratios
| Dec 31, 2024 | Sep 30, 2024 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 14.53 | 14.43 | 14.28 | 14.05 | 13.78 | 13.64 | 13.30 | 12.98 | 12.61 | 12.29 | 12.02 | 11.05 | 10.39 | 9.74 | 9.19 | 9.28 | 9.31 | 9.23 | 9.31 | 9.29 |
VeriSign Inc's interest coverage ratio has been steadily improving over the reporting periods. The interest coverage ratio measures a company's ability to cover its interest expenses with its earnings. The data shows that the company's interest coverage ratio has increased from 9.29 in March 2020 to 14.53 in December 2024.
This improvement suggests that VeriSign Inc's earnings are more than sufficient to cover its interest expenses, indicating the company's financial health and ability to meet its debt obligations. The rising trend in the interest coverage ratio reflects positively on the company's profitability and indicates a reduced risk of financial distress due to interest payments.
Overall, VeriSign Inc's interest coverage ratio has shown consistent improvement over the years, showcasing the company's ability to effectively manage its debt and generate earnings to cover its interest expenses.