Stock Analysis on Net
Stock Analysis on Net

Autodesk Inc. (NASDAQ:ADSK)

Analysis of Solvency Ratios
Quarterly Data

Beginner level

Solvency Ratios (Summary)

Autodesk Inc., solvency ratios (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Debt Ratios
Debt to equity 24.31 14.78 5.02 2.94 2.03 1.40 1.12 1.04 0.92 0.86 0.78 0.34 0.34 0.33 0.33 0.33
Debt to equity (including operating lease liability) 30.95 14.78 5.02 2.94 2.03 1.40 1.12 1.04 0.92 0.86 0.78 0.34 0.34 0.33 0.33 0.33
Debt to capital 0.96 1.09 1.07 1.11 1.12 1.14 1.11 1.27 1.18 1.09 1.19 0.94 0.83 0.75 0.67 0.58 0.53 0.51 0.48 0.46 0.44 0.25 0.25 0.25 0.25 0.25
Debt to capital (including operating lease liability) 0.97 1.07 1.06 1.09 1.10 1.12 1.11 1.27 1.18 1.09 1.19 0.94 0.83 0.75 0.67 0.58 0.53 0.51 0.48 0.46 0.44 0.25 0.25 0.25 0.25 0.25
Debt to assets 0.28 0.30 0.34 0.35 0.38 0.41 0.44 0.42 0.41 0.41 0.39 0.38 0.36 0.34 0.31 0.31 0.30 0.29 0.27 0.28 0.28 0.16 0.15 0.16 0.16 0.16
Debt to assets (including operating lease liability) 0.36 0.38 0.41 0.41 0.44 0.48 0.44 0.42 0.41 0.41 0.39 0.38 0.36 0.34 0.31 0.31 0.30 0.29 0.27 0.28 0.28 0.16 0.15 0.16 0.16 0.16
Financial leverage 85.40 38.70 13.80 8.72 6.54 4.55 3.79 3.63 3.41 3.01 2.81 2.15 2.21 2.09 2.06 2.03

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity.
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity.
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Autodesk Inc.’s debt to capital ratio deteriorated from Q4 2020 to Q1 2021 but then improved from Q1 2021 to Q2 2021 exceeding Q4 2020 level.
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Autodesk Inc.’s debt to capital ratio (including operating lease liability) deteriorated from Q4 2020 to Q1 2021 but then improved from Q1 2021 to Q2 2021 exceeding Q4 2020 level.
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Autodesk Inc.’s debt to assets ratio improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Autodesk Inc.’s debt to assets ratio (including operating lease liability) improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity.

Debt to Equity

Autodesk Inc., debt to equity calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
 
Stockholders’ equity (deficit) 67,300  (139,100) (139,100) (171,500) (194,300) (245,300) (210,900) (338,300) (241,600) (128,600) (256,000) 107,300  315,500  508,100  733,600  1,060,600  1,331,700  1,435,900  1,619,600  1,733,100  1,902,100  2,224,400  2,219,200  2,268,500  2,283,400  2,288,700 
Solvency Ratio
Debt to equity1 24.31 14.78 5.02 2.94 2.03 1.40 1.12 1.04 0.92 0.86 0.78 0.34 0.34 0.33 0.33 0.33
Benchmarks
Debt to Equity, Competitors2
Adobe Inc. 0.35 0.38 0.39 0.39 0.40 0.42 0.42 0.44 0.21 0.22 0.22 0.22 0.23 0.24 0.25 0.26 0.26 0.26 0.27 0.27 0.28 0.29 0.29
Alphabet Inc. 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.05 0.05 0.05
Facebook Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 3.08 3.15 3.22 3.02 3.69 4.14 3.03 2.73 2.37 2.46 2.55 2.66 2.32 2.48 2.33 2.31 2.50 2.83 3.05 2.80 2.98 2.83 3.20
Intuit Inc. 0.66 0.08 0.11 0.12 0.12 0.11 0.15 0.15 0.19 0.19 0.95 0.73 0.36 0.29 1.46 1.18 0.86 0.80 1.94 0.81 0.21 0.21 0.21 0.17
Microsoft Corp. 0.52 0.54 0.58 0.63 0.66 0.71 0.77 0.79 0.89 0.92 0.97 1.14 0.95 1.19 1.20 1.23 1.06 0.75 0.62 0.58 0.50 0.44 0.35 0.31 0.26
Oracle Corp. 7.46 5.93 3.63 3.32 2.95 2.58 2.37 1.90 1.53 1.33 1.27 1.09 0.95 1.08 1.07 1.12 1.14 0.93 0.87 0.91 0.89 0.86 0.67 0.68 0.69
salesforce.com inc. 0.07 0.08 0.08 0.08 0.17 0.19 0.20 0.25 0.27 0.29 0.18 0.21 0.22 0.23 0.27 0.27 0.29 0.23 0.26 0.27 0.28 0.30 0.34 0.41 0.48 0.51
ServiceNow Inc. 0.64 0.28 0.31 0.33 0.48 0.54 0.56 0.60 0.80 0.96 1.33 2.01 2.10 2.36 1.21 1.31 1.38 1.51 1.60 0.84 0.90 0.99 0.99

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity (deficit)
= 1,636,100 ÷ 67,300 = 24.31

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity ratio A solvency ratio calculated as total debt divided by total shareholders’ equity.

Debt to Equity (including Operating Lease Liability)

Autodesk Inc., debt to equity (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Current operating lease liabilities 53,800  46,000  48,100  64,000  58,900  59,200  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Long-term operating lease liabilities 393,300  402,000  411,700  239,800  258,100  265,600  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 2,083,200  2,083,600  2,544,600  2,043,500  2,156,000  2,288,100  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
 
Stockholders’ equity (deficit) 67,300  (139,100) (139,100) (171,500) (194,300) (245,300) (210,900) (338,300) (241,600) (128,600) (256,000) 107,300  315,500  508,100  733,600  1,060,600  1,331,700  1,435,900  1,619,600  1,733,100  1,902,100  2,224,400  2,219,200  2,268,500  2,283,400  2,288,700 
Solvency Ratio
Debt to equity (including operating lease liability)1 30.95 14.78 5.02 2.94 2.03 1.40 1.12 1.04 0.92 0.86 0.78 0.34 0.34 0.33 0.33 0.33
Benchmarks
Debt to Equity (including Operating Lease Liability), Competitors2
Adobe Inc. 0.40 0.43 0.45 0.39 0.40 0.42 0.42 0.44 0.21 0.22 0.22 0.22 0.23 0.24 0.25 0.26 0.26 0.26 0.27 0.27 0.28 0.29 0.29
Alphabet Inc. 0.07 0.08 0.07 0.07 0.07 0.07 0.02 0.02 0.02 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.05 0.05 0.05
Facebook Inc. 0.10 0.10 0.10 0.10 0.09 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 3.32 3.39 3.47 3.27 3.98 4.44 3.33 2.73 2.37 2.46 2.55 2.66 2.32 2.48 2.33 2.31 2.50 2.83 3.05 2.80 2.98 2.83 3.20
Intuit Inc. 0.70 0.13 0.19 0.20 0.12 0.11 0.15 0.15 0.19 0.19 0.95 0.73 0.36 0.29 1.46 1.18 0.86 0.80 1.94 0.81 0.21 0.21 0.21 0.17
Microsoft Corp. 0.58 0.60 0.65 0.70 0.72 0.77 0.83 0.86 0.95 0.99 1.05 1.21 1.02 1.19 1.20 1.23 1.06 0.75 0.62 0.58 0.50 0.44 0.35 0.31 0.26
salesforce.com inc. 0.15 0.17 0.17 0.18 0.35 0.38 0.20 0.25 0.27 0.29 0.18 0.21 0.22 0.23 0.27 0.27 0.29 0.23 0.26 0.27 0.28 0.30 0.34 0.41 0.48 0.51
ServiceNow Inc. 0.82 0.48 0.53 0.53 0.79 0.88 0.91 0.60 0.80 0.96 1.33 2.01 2.10 2.36 1.21 1.31 1.38 1.51 1.60 0.84 0.90 0.99 0.99

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity (deficit)
= 2,083,200 ÷ 67,300 = 30.95

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to equity (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity.

Debt to Capital

Autodesk Inc., debt to capital calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Stockholders’ equity (deficit) 67,300  (139,100) (139,100) (171,500) (194,300) (245,300) (210,900) (338,300) (241,600) (128,600) (256,000) 107,300  315,500  508,100  733,600  1,060,600  1,331,700  1,435,900  1,619,600  1,733,100  1,902,100  2,224,400  2,219,200  2,268,500  2,283,400  2,288,700 
Total capital 1,703,400  1,496,500  1,945,700  1,568,200  1,644,700  1,718,000  1,876,800  1,249,500  1,345,600  1,458,000  1,330,000  1,692,700  1,900,400  1,999,600  2,224,300  2,550,500  2,820,900  2,924,300  3,107,300  3,220,000  3,388,300  2,971,800  2,966,400  3,015,500  3,030,200  3,035,300 
Solvency Ratio
Debt to capital1 0.96 1.09 1.07 1.11 1.12 1.14 1.11 1.27 1.18 1.09 1.19 0.94 0.83 0.75 0.67 0.58 0.53 0.51 0.48 0.46 0.44 0.25 0.25 0.25 0.25 0.25
Benchmarks
Debt to Capital, Competitors2
Adobe Inc. 0.26 0.27 0.28 0.28 0.29 0.29 0.29 0.31 0.17 0.18 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.21 0.21 0.22 0.22 0.22
Alphabet Inc. 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.03 0.02 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.05
Facebook Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.76 0.76 0.76 0.75 0.79 0.81 0.75 0.73 0.70 0.71 0.72 0.73 0.70 0.71 0.70 0.70 0.71 0.74 0.75 0.74 0.75 0.74 0.76
Intuit Inc. 0.40 0.08 0.10 0.10 0.10 0.10 0.13 0.13 0.16 0.16 0.49 0.42 0.26 0.23 0.59 0.54 0.46 0.44 0.66 0.45 0.18 0.18 0.17 0.15
Microsoft Corp. 0.34 0.35 0.37 0.39 0.40 0.41 0.44 0.44 0.47 0.48 0.49 0.53 0.49 0.54 0.55 0.55 0.51 0.43 0.38 0.37 0.33 0.31 0.26 0.24 0.21
Oracle Corp. 0.88 0.86 0.78 0.77 0.75 0.72 0.70 0.65 0.60 0.57 0.56 0.52 0.49 0.52 0.52 0.53 0.53 0.48 0.47 0.48 0.47 0.46 0.40 0.41 0.41
salesforce.com inc. 0.07 0.07 0.07 0.08 0.15 0.16 0.17 0.20 0.21 0.22 0.15 0.17 0.18 0.19 0.21 0.21 0.23 0.19 0.21 0.21 0.22 0.23 0.26 0.29 0.33 0.34
ServiceNow Inc. 0.39 0.22 0.24 0.25 0.32 0.35 0.36 0.37 0.44 0.49 0.57 0.67 0.68 0.70 0.55 0.57 0.58 0.60 0.61 0.46 0.47 0.50 0.50

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to capital = Total debt ÷ Total capital
= 1,636,100 ÷ 1,703,400 = 0.96

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital ratio A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. Autodesk Inc.’s debt to capital ratio deteriorated from Q4 2020 to Q1 2021 but then improved from Q1 2021 to Q2 2021 exceeding Q4 2020 level.

Debt to Capital (including Operating Lease Liability)

Autodesk Inc., debt to capital (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Current operating lease liabilities 53,800  46,000  48,100  64,000  58,900  59,200  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Long-term operating lease liabilities 393,300  402,000  411,700  239,800  258,100  265,600  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 2,083,200  2,083,600  2,544,600  2,043,500  2,156,000  2,288,100  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Stockholders’ equity (deficit) 67,300  (139,100) (139,100) (171,500) (194,300) (245,300) (210,900) (338,300) (241,600) (128,600) (256,000) 107,300  315,500  508,100  733,600  1,060,600  1,331,700  1,435,900  1,619,600  1,733,100  1,902,100  2,224,400  2,219,200  2,268,500  2,283,400  2,288,700 
Total capital (including operating lease liability) 2,150,500  1,944,500  2,405,500  1,872,000  1,961,700  2,042,800  1,876,800  1,249,500  1,345,600  1,458,000  1,330,000  1,692,700  1,900,400  1,999,600  2,224,300  2,550,500  2,820,900  2,924,300  3,107,300  3,220,000  3,388,300  2,971,800  2,966,400  3,015,500  3,030,200  3,035,300 
Solvency Ratio
Debt to capital (including operating lease liability)1 0.97 1.07 1.06 1.09 1.10 1.12 1.11 1.27 1.18 1.09 1.19 0.94 0.83 0.75 0.67 0.58 0.53 0.51 0.48 0.46 0.44 0.25 0.25 0.25 0.25 0.25
Benchmarks
Debt to Capital (including Operating Lease Liability), Competitors2
Adobe Inc. 0.29 0.30 0.31 0.28 0.29 0.29 0.29 0.31 0.17 0.18 0.18 0.18 0.19 0.19 0.20 0.20 0.21 0.21 0.21 0.21 0.22 0.22 0.22
Alphabet Inc. 0.07 0.07 0.07 0.07 0.06 0.06 0.02 0.02 0.02 0.03 0.03 0.02 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.04 0.04 0.05
Facebook Inc. 0.09 0.09 0.09 0.09 0.08 0.08 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.77 0.77 0.78 0.77 0.80 0.82 0.77 0.73 0.70 0.71 0.72 0.73 0.70 0.71 0.70 0.70 0.71 0.74 0.75 0.74 0.75 0.74 0.76
Intuit Inc. 0.41 0.11 0.16 0.17 0.10 0.10 0.13 0.13 0.16 0.16 0.49 0.42 0.26 0.23 0.59 0.54 0.46 0.44 0.66 0.45 0.18 0.18 0.17 0.15
Microsoft Corp. 0.37 0.38 0.39 0.41 0.42 0.43 0.45 0.46 0.49 0.50 0.51 0.55 0.50 0.54 0.55 0.55 0.51 0.43 0.38 0.37 0.33 0.31 0.26 0.24 0.21
salesforce.com inc. 0.13 0.14 0.15 0.15 0.26 0.27 0.17 0.20 0.21 0.22 0.15 0.17 0.18 0.19 0.21 0.21 0.23 0.19 0.21 0.21 0.22 0.23 0.26 0.29 0.33 0.34
ServiceNow Inc. 0.45 0.33 0.35 0.35 0.44 0.47 0.48 0.37 0.44 0.49 0.57 0.67 0.68 0.70 0.55 0.57 0.58 0.60 0.61 0.46 0.47 0.50 0.50

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 2,083,200 ÷ 2,150,500 = 0.97

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to capital (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total debt (including operating lease liability) plus shareholders’ equity. Autodesk Inc.’s debt to capital ratio (including operating lease liability) deteriorated from Q4 2020 to Q1 2021 but then improved from Q1 2021 to Q2 2021 exceeding Q4 2020 level.

Debt to Assets

Autodesk Inc., debt to assets calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
 
Total assets 5,747,300  5,543,900  6,179,300  5,036,600  4,872,700  4,808,500  4,729,200  3,774,400  3,833,000  3,911,400  4,113,600  4,152,000  4,354,000  4,431,400  4,798,100  4,829,200  5,047,400  5,205,600  5,515,300  5,220,000  5,341,800  4,775,900  4,913,800  4,736,800  4,703,400  4,648,600 
Solvency Ratio
Debt to assets1 0.28 0.30 0.34 0.35 0.38 0.41 0.44 0.42 0.41 0.41 0.39 0.38 0.36 0.34 0.31 0.31 0.30 0.29 0.27 0.28 0.28 0.16 0.15 0.16 0.16 0.16
Benchmarks
Debt to Assets, Competitors2
Adobe Inc. 0.18 0.19 0.19 0.20 0.21 0.21 0.21 0.22 0.12 0.12 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.16 0.16 0.16 0.17 0.17 0.17
Alphabet Inc. 0.01 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.03 0.04 0.04 0.04 0.04
Facebook Inc. 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.42 0.42 0.42 0.41 0.44 0.47 0.38 0.37 0.38 0.37 0.37 0.37 0.38 0.38 0.36 0.36 0.37 0.38 0.38 0.36 0.37 0.34 0.35
Intuit Inc. 0.31 0.05 0.06 0.07 0.07 0.06 0.08 0.09 0.08 0.08 0.23 0.22 0.12 0.10 0.26 0.28 0.24 0.20 0.29 0.22 0.10 0.09 0.10 0.10
Microsoft Corp. 0.21 0.21 0.23 0.25 0.25 0.25 0.28 0.28 0.30 0.29 0.31 0.35 0.34 0.36 0.37 0.38 0.35 0.28 0.26 0.25 0.22 0.20 0.18 0.16 0.14
Oracle Corp. 0.62 0.62 0.53 0.52 0.51 0.52 0.51 0.49 0.45 0.44 0.44 0.44 0.40 0.43 0.43 0.44 0.44 0.39 0.38 0.39 0.38 0.38 0.33 0.33 0.33
salesforce.com inc. 0.05 0.05 0.05 0.06 0.09 0.10 0.10 0.14 0.14 0.14 0.08 0.10 0.10 0.11 0.11 0.13 0.12 0.10 0.10 0.12 0.12 0.12 0.13 0.16 0.18 0.19
ServiceNow Inc. 0.22 0.11 0.11 0.12 0.14 0.15 0.15 0.17 0.23 0.25 0.31 0.35 0.38 0.39 0.24 0.25 0.28 0.29 0.26 0.26 0.28 0.29 0.30

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to assets = Total debt ÷ Total assets
= 1,636,100 ÷ 5,747,300 = 0.28

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets ratio A solvency ratio calculated as total debt divided by total assets. Autodesk Inc.’s debt to assets ratio improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Debt to Assets (including Operating Lease Liability)

Autodesk Inc., debt to assets (including operating lease liability) calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Current portion of long-term notes payable, net —  —  449,700  449,400  449,200  —  —  —  —  —  —  —  —  399,100  398,700  —  —  —  —  —  —  —  —  —  —  — 
Long-term notes payable, net, excluding current portion 1,636,100  1,635,600  1,635,100  1,290,300  1,389,800  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,092,400  1,092,000  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Total debt 1,636,100  1,635,600  2,084,800  1,739,700  1,839,000  1,963,300  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
Current operating lease liabilities 53,800  46,000  48,100  64,000  58,900  59,200  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Long-term operating lease liabilities 393,300  402,000  411,700  239,800  258,100  265,600  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  —  — 
Total debt (including operating lease liability) 2,083,200  2,083,600  2,544,600  2,043,500  2,156,000  2,288,100  2,087,700  1,587,800  1,587,200  1,586,600  1,586,000  1,585,400  1,584,900  1,491,500  1,490,700  1,489,900  1,489,200  1,488,400  1,487,700  1,486,900  1,486,200  747,400  747,200  747,000  746,800  746,600 
 
Total assets 5,747,300  5,543,900  6,179,300  5,036,600  4,872,700  4,808,500  4,729,200  3,774,400  3,833,000  3,911,400  4,113,600  4,152,000  4,354,000  4,431,400  4,798,100  4,829,200  5,047,400  5,205,600  5,515,300  5,220,000  5,341,800  4,775,900  4,913,800  4,736,800  4,703,400  4,648,600 
Solvency Ratio
Debt to assets (including operating lease liability)1 0.36 0.38 0.41 0.41 0.44 0.48 0.44 0.42 0.41 0.41 0.39 0.38 0.36 0.34 0.31 0.31 0.30 0.29 0.27 0.28 0.28 0.16 0.15 0.16 0.16 0.16
Benchmarks
Debt to Assets (including Operating Lease Liability), Competitors2
Adobe Inc. 0.21 0.22 0.22 0.20 0.21 0.21 0.21 0.22 0.12 0.12 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.16 0.16 0.16 0.17 0.17 0.17
Alphabet Inc. 0.05 0.06 0.05 0.05 0.05 0.05 0.02 0.02 0.02 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.03 0.03 0.04 0.04 0.04 0.04
Facebook Inc. 0.08 0.07 0.08 0.07 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
International Business Machines Corp. 0.46 0.45 0.45 0.45 0.48 0.51 0.42 0.37 0.38 0.37 0.37 0.37 0.38 0.38 0.36 0.36 0.37 0.38 0.38 0.36 0.37 0.34 0.35
Intuit Inc. 0.33 0.08 0.10 0.12 0.07 0.06 0.08 0.09 0.08 0.08 0.23 0.22 0.12 0.10 0.26 0.28 0.24 0.20 0.29 0.22 0.10 0.09 0.10 0.10
Microsoft Corp. 0.24 0.24 0.26 0.27 0.27 0.27 0.30 0.30 0.32 0.32 0.34 0.37 0.37 0.36 0.37 0.38 0.35 0.28 0.26 0.25 0.22 0.20 0.18 0.16 0.14
salesforce.com inc. 0.10 0.11 0.11 0.12 0.18 0.19 0.10 0.14 0.14 0.14 0.08 0.10 0.10 0.11 0.11 0.13 0.12 0.10 0.10 0.12 0.12 0.12 0.13 0.16 0.18 0.19
ServiceNow Inc. 0.29 0.18 0.19 0.19 0.24 0.24 0.25 0.17 0.23 0.25 0.31 0.35 0.38 0.39 0.24 0.25 0.28 0.29 0.26 0.26 0.28 0.29 0.30

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 2,083,200 ÷ 5,747,300 = 0.36

2 Click competitor name to see calculations.

Solvency ratio Description The company
Debt to assets (including operating lease liability) ratio A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. Autodesk Inc.’s debt to assets ratio (including operating lease liability) improved from Q4 2020 to Q1 2021 and from Q1 2021 to Q2 2021.

Financial Leverage

Autodesk Inc., financial leverage calculation (quarterly data)

Microsoft Excel LibreOffice Calc
Jul 31, 2020 Apr 30, 2020 Jan 31, 2020 Oct 31, 2019 Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014
Selected Financial Data (US$ in thousands)
Total assets 5,747,300  5,543,900  6,179,300  5,036,600  4,872,700  4,808,500  4,729,200  3,774,400  3,833,000  3,911,400  4,113,600  4,152,000  4,354,000  4,431,400  4,798,100  4,829,200  5,047,400  5,205,600  5,515,300  5,220,000  5,341,800  4,775,900  4,913,800  4,736,800  4,703,400  4,648,600 
Stockholders’ equity (deficit) 67,300  (139,100) (139,100) (171,500) (194,300) (245,300) (210,900) (338,300) (241,600) (128,600) (256,000) 107,300  315,500  508,100  733,600  1,060,600  1,331,700  1,435,900  1,619,600  1,733,100  1,902,100  2,224,400  2,219,200  2,268,500  2,283,400  2,288,700 
Solvency Ratio
Financial leverage1 85.40 38.70 13.80 8.72 6.54 4.55 3.79 3.63 3.41 3.01 2.81 2.15 2.21 2.09 2.06 2.03
Benchmarks
Financial Leverage, Competitors2
Adobe Inc. 1.91 1.99 2.03 1.97 1.96 1.98 1.98 2.00 1.74 1.74 1.73 1.72 1.70 1.71 1.72 1.71 1.70 1.69 1.68 1.67 1.68 1.69 1.67
Alphabet Inc. 1.34 1.34 1.37 1.35 1.34 1.34 1.31 1.30 1.31 1.29 1.29 1.21 1.20 1.19 1.20 1.19 1.21 1.21 1.23 1.24 1.24 1.23
Facebook Inc. 1.26 1.31 1.32 1.32 1.32 1.27 1.16 1.15 1.14 1.15 1.14 1.11 1.11 1.10 1.10 1.10 1.11 1.10 1.12 1.12 1.12 1.12
International Business Machines Corp. 7.27 7.50 7.67 7.30 8.33 8.76 7.94 7.35 6.17 6.57 6.90 7.12 6.20 6.54 6.41 6.44 6.80 7.50 7.96 7.75 8.17 8.24 9.23
Intuit Inc. 2.14 1.64 1.80 1.70 1.68 1.70 1.91 1.77 2.20 2.45 4.23 3.38 3.00 2.93 5.57 4.20 3.66 3.96 6.78 3.65 2.13 2.28 2.23 1.72
Microsoft Corp. 2.44 2.55 2.49 2.57 2.63 2.80 2.78 2.81 3.00 3.13 3.10 3.27 2.78 3.33 3.23 3.26 3.02 2.69 2.43 2.35 2.23 2.20 1.96 1.90 1.88
Oracle Corp. 11.96 9.56 6.79 6.33 5.76 4.99 4.61 3.87 3.37 3.00 2.89 2.48 2.39 2.51 2.48 2.55 2.60 2.37 2.29 2.32 2.33 2.28 2.05 2.07 2.11
salesforce.com inc. 1.50 1.55 1.63 1.50 1.94 2.02 1.97 1.81 1.91 2.08 2.24 1.98 2.06 2.15 2.34 2.11 2.35 2.30 2.55 2.30 2.38 2.45 2.69 2.48 2.73 2.76
ServiceNow Inc. 2.88 2.63 2.73 2.83 3.33 3.65 3.68 3.49 3.51 3.89 4.28 5.82 5.57 6.06 5.08 5.26 5.00 5.29 6.20 3.19 3.22 3.38 3.28

Based on: 10-Q (filing date: 2020-09-02), 10-Q (filing date: 2020-06-02), 10-K (filing date: 2020-03-19), 10-Q (filing date: 2019-12-05), 10-Q (filing date: 2019-09-04), 10-Q (filing date: 2019-06-04), 10-K (filing date: 2019-03-25), 10-Q (filing date: 2018-12-06), 10-Q (filing date: 2018-08-30), 10-Q (filing date: 2018-06-08), 10-K (filing date: 2018-03-22), 10-Q (filing date: 2017-12-05), 10-Q (filing date: 2017-08-31), 10-Q (filing date: 2017-05-31), 10-K (filing date: 2017-03-21), 10-Q (filing date: 2016-12-01), 10-Q (filing date: 2016-08-30), 10-Q (filing date: 2016-06-06), 10-K (filing date: 2016-03-23), 10-Q (filing date: 2015-12-09), 10-Q (filing date: 2015-08-31), 10-Q (filing date: 2015-05-28), 10-K (filing date: 2015-03-18), 10-Q (filing date: 2014-12-05), 10-Q (filing date: 2014-09-02), 10-Q (filing date: 2014-06-03).

1 Q2 2021 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity (deficit)
= 5,747,300 ÷ 67,300 = 85.40

2 Click competitor name to see calculations.

Solvency ratio Description The company
Financial leverage ratio A solvency ratio calculated as total assets divided by total shareholders’ equity.