Analysis of Solvency Ratios
Quarterly Data
Solvency ratios also known as long-term debt ratios measure a company ability to meet long-term obligations.
Solvency Ratios (Summary)
CoStar Group Inc., solvency ratios (quarterly data)
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
| Solvency ratio | Description | The company |
|---|---|---|
| Debt to equity ratio | A solvency ratio calculated as total debt divided by total shareholders’ equity. | CoStar Group Inc. debt to equity ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Debt to equity (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total shareholders’ equity. | CoStar Group Inc. debt to equity ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Debt to capital ratio | A solvency ratio calculated as total debt divided by total debt plus shareholders’ equity. | CoStar Group Inc. debt to capital ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| 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. | CoStar Group Inc. debt to capital ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Debt to assets ratio | A solvency ratio calculated as total debt divided by total assets. | CoStar Group Inc. debt to assets ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Debt to assets (including operating lease liability) ratio | A solvency ratio calculated as total debt (including operating lease liability) divided by total assets. | CoStar Group Inc. debt to assets ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
| Financial leverage ratio | A solvency ratio calculated as total assets divided by total shareholders’ equity. | CoStar Group Inc. financial leverage ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level. |
Debt to Equity
CoStar Group Inc., debt to equity calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Stockholders’ equity | 7,101,072) | 6,965,609) | 6,870,121) | 6,706,912) | 5,884,353) | 5,797,298) | 5,711,672) | 5,603,423) | 5,527,227) | 5,446,925) | 5,375,359) | 5,318,058) | 5,224,321) | 3,462,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity1 | 0.14 | 0.14 | 0.14 | 0.15 | 0.17 | 0.17 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.14 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity, Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.85 | 0.93 | 0.85 | 0.87 | 0.69 | 0.79 | 0.69 | 0.67 | 0.71 | 0.70 | 0.79 | 0.82 | 0.88 | 0.94 | 0.95 | 0.87 | 0.90 | 0.76 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to equity = Total debt ÷ Stockholders’ equity
= 989,858 ÷ 7,101,072 = 0.14
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. | CoStar Group Inc. debt to equity ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Debt to Equity (including Operating Lease Liability)
CoStar Group Inc., debt to equity (including operating lease liability) calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Current portion of operating lease liabilities | 40,329) | 36,050) | 36,049) | 34,063) | 35,426) | 32,620) | 26,268) | 29,878) | 28,779) | 27,932) | 32,648) | 31,494) | 30,905) | 27,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 1,030,187) | 1,025,583) | 1,025,259) | 1,022,953) | 1,023,998) | 1,020,877) | 1,014,212) | 1,017,511) | 1,016,104) | 1,014,950) | 1,019,363) | 1,017,907) | 775,905) | 772,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Stockholders’ equity | 7,101,072) | 6,965,609) | 6,870,121) | 6,706,912) | 5,884,353) | 5,797,298) | 5,711,672) | 5,603,423) | 5,527,227) | 5,446,925) | 5,375,359) | 5,318,058) | 5,224,321) | 3,462,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to equity (including operating lease liability)1 | 0.15 | 0.15 | 0.15 | 0.15 | 0.17 | 0.18 | 0.18 | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.15 | 0.22 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Equity (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.90 | 0.98 | 0.90 | 0.92 | 0.74 | 0.84 | 0.74 | 0.71 | 0.75 | 0.75 | 0.84 | 0.88 | 0.94 | 1.00 | 0.95 | 0.87 | 0.90 | 0.76 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to equity (including operating lease liability) = Total debt (including operating lease liability) ÷ Stockholders’ equity
= 1,030,187 ÷ 7,101,072 = 0.15
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. | CoStar Group Inc. debt to equity ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Debt to Capital
CoStar Group Inc., debt to capital calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Stockholders’ equity | 7,101,072) | 6,965,609) | 6,870,121) | 6,706,912) | 5,884,353) | 5,797,298) | 5,711,672) | 5,603,423) | 5,527,227) | 5,446,925) | 5,375,359) | 5,318,058) | 5,224,321) | 3,462,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Total capital | 8,090,930) | 7,955,142) | 7,859,331) | 7,695,802) | 6,872,925) | 6,785,555) | 6,699,616) | 6,591,056) | 6,514,552) | 6,433,943) | 6,362,074) | 6,304,471) | 5,969,321) | 4,207,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital1 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.12 | 0.18 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital, Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.46 | 0.48 | 0.46 | 0.46 | 0.41 | 0.44 | 0.41 | 0.40 | 0.41 | 0.41 | 0.44 | 0.45 | 0.47 | 0.49 | 0.49 | 0.46 | 0.47 | 0.43 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to capital = Total debt ÷ Total capital
= 989,858 ÷ 8,090,930 = 0.12
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. | CoStar Group Inc. debt to capital ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Debt to Capital (including Operating Lease Liability)
CoStar Group Inc., debt to capital (including operating lease liability) calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Current portion of operating lease liabilities | 40,329) | 36,050) | 36,049) | 34,063) | 35,426) | 32,620) | 26,268) | 29,878) | 28,779) | 27,932) | 32,648) | 31,494) | 30,905) | 27,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 1,030,187) | 1,025,583) | 1,025,259) | 1,022,953) | 1,023,998) | 1,020,877) | 1,014,212) | 1,017,511) | 1,016,104) | 1,014,950) | 1,019,363) | 1,017,907) | 775,905) | 772,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Stockholders’ equity | 7,101,072) | 6,965,609) | 6,870,121) | 6,706,912) | 5,884,353) | 5,797,298) | 5,711,672) | 5,603,423) | 5,527,227) | 5,446,925) | 5,375,359) | 5,318,058) | 5,224,321) | 3,462,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Total capital (including operating lease liability) | 8,131,259) | 7,991,192) | 7,895,380) | 7,729,865) | 6,908,351) | 6,818,175) | 6,725,884) | 6,620,934) | 6,543,331) | 6,461,875) | 6,394,722) | 6,335,965) | 6,000,226) | 4,235,492) | 3,435,263) | 3,326,303) | 3,231,168) | 3,154,676) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to capital (including operating lease liability)1 | 0.13 | 0.13 | 0.13 | 0.13 | 0.15 | 0.15 | 0.15 | 0.15 | 0.16 | 0.16 | 0.16 | 0.16 | 0.13 | 0.18 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Capital (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.47 | 0.50 | 0.47 | 0.48 | 0.42 | 0.46 | 0.42 | 0.41 | 0.43 | 0.43 | 0.46 | 0.47 | 0.48 | 0.50 | 0.49 | 0.46 | 0.47 | 0.43 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to capital (including operating lease liability) = Total debt (including operating lease liability) ÷ Total capital (including operating lease liability)
= 1,030,187 ÷ 8,131,259 = 0.13
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. | CoStar Group Inc. debt to capital ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Debt to Assets
CoStar Group Inc., debt to assets calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total assets | 8,691,674) | 8,516,912) | 8,402,470) | 8,205,863) | 7,420,748) | 7,357,442) | 7,256,871) | 7,131,316) | 7,075,614) | 6,941,971) | 6,915,420) | 6,797,325) | 6,479,030) | 4,684,597) | 3,853,986) | 3,715,391) | 3,620,598) | 3,548,284) | 3,312,957) | 3,207,222) | 3,122,574) | 3,095,100) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets1 | 0.11 | 0.12 | 0.12 | 0.12 | 0.13 | 0.13 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.11 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets, Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.35 | 0.36 | 0.34 | 0.35 | 0.31 | 0.33 | 0.31 | 0.30 | 0.30 | 0.32 | 0.33 | 0.35 | 0.35 | 0.38 | 0.38 | 0.37 | 0.37 | 0.35 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to assets = Total debt ÷ Total assets
= 989,858 ÷ 8,691,674 = 0.11
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. | CoStar Group Inc. debt to assets ratio improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Debt to Assets (including Operating Lease Liability)
CoStar Group Inc., debt to assets (including operating lease liability) calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Long-term debt, net | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Total debt | 989,858) | 989,533) | 989,210) | 988,890) | 988,572) | 988,257) | 987,944) | 987,633) | 987,325) | 987,018) | 986,715) | 986,413) | 745,000) | 745,000) | —) | —) | —) | —) | —) | —) | —) | —) | |||||||
| Current portion of operating lease liabilities | 40,329) | 36,050) | 36,049) | 34,063) | 35,426) | 32,620) | 26,268) | 29,878) | 28,779) | 27,932) | 32,648) | 31,494) | 30,905) | 27,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Total debt (including operating lease liability) | 1,030,187) | 1,025,583) | 1,025,259) | 1,022,953) | 1,023,998) | 1,020,877) | 1,014,212) | 1,017,511) | 1,016,104) | 1,014,950) | 1,019,363) | 1,017,907) | 775,905) | 772,681) | 29,670) | 27,137) | 27,097) | 26,062) | —) | —) | —) | —) | |||||||
| Total assets | 8,691,674) | 8,516,912) | 8,402,470) | 8,205,863) | 7,420,748) | 7,357,442) | 7,256,871) | 7,131,316) | 7,075,614) | 6,941,971) | 6,915,420) | 6,797,325) | 6,479,030) | 4,684,597) | 3,853,986) | 3,715,391) | 3,620,598) | 3,548,284) | 3,312,957) | 3,207,222) | 3,122,574) | 3,095,100) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Debt to assets (including operating lease liability)1 | 0.12 | 0.12 | 0.12 | 0.12 | 0.14 | 0.14 | 0.14 | 0.14 | 0.14 | 0.15 | 0.15 | 0.15 | 0.12 | 0.16 | 0.01 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Debt to Assets (including Operating Lease Liability), Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 0.37 | 0.38 | 0.36 | 0.37 | 0.33 | 0.35 | 0.33 | 0.32 | 0.32 | 0.34 | 0.35 | 0.37 | 0.37 | 0.40 | 0.38 | 0.37 | 0.37 | 0.35 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Debt to assets (including operating lease liability) = Total debt (including operating lease liability) ÷ Total assets
= 1,030,187 ÷ 8,691,674 = 0.12
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. | CoStar Group Inc. debt to assets ratio (including operating lease liability) improved from Q4 2022 to Q1 2023 and from Q1 2023 to Q2 2023. |
Financial Leverage
CoStar Group Inc., financial leverage calculation (quarterly data)
| 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 | Dec 31, 2018 | Sep 30, 2018 | Jun 30, 2018 | Mar 31, 2018 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | |||||||||||||||||||||||||||||
| Total assets | 8,691,674) | 8,516,912) | 8,402,470) | 8,205,863) | 7,420,748) | 7,357,442) | 7,256,871) | 7,131,316) | 7,075,614) | 6,941,971) | 6,915,420) | 6,797,325) | 6,479,030) | 4,684,597) | 3,853,986) | 3,715,391) | 3,620,598) | 3,548,284) | 3,312,957) | 3,207,222) | 3,122,574) | 3,095,100) | |||||||
| Stockholders’ equity | 7,101,072) | 6,965,609) | 6,870,121) | 6,706,912) | 5,884,353) | 5,797,298) | 5,711,672) | 5,603,423) | 5,527,227) | 5,446,925) | 5,375,359) | 5,318,058) | 5,224,321) | 3,462,811) | 3,405,593) | 3,299,166) | 3,204,071) | 3,128,614) | 3,021,942) | 2,928,314) | 2,850,618) | 2,800,964) | |||||||
| Solvency Ratio | |||||||||||||||||||||||||||||
| Financial leverage1 | 1.22 | 1.22 | 1.22 | 1.22 | 1.26 | 1.27 | 1.27 | 1.27 | 1.28 | 1.27 | 1.29 | 1.28 | 1.24 | 1.35 | 1.13 | 1.13 | 1.13 | 1.13 | 1.10 | 1.10 | 1.10 | 1.11 | |||||||
| Benchmarks | |||||||||||||||||||||||||||||
| Financial Leverage, Competitors2 | |||||||||||||||||||||||||||||
| Cintas Corp. | 2.46 | 2.56 | 2.46 | 2.48 | 2.25 | 2.37 | 2.23 | 2.19 | 2.35 | 2.23 | 2.37 | 2.38 | 2.54 | 2.51 | 2.48 | 2.34 | 2.45 | 2.18 | — | — | — | — | |||||||
Based on: 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31).
1 Q2 2023 Calculation
Financial leverage = Total assets ÷ Stockholders’ equity
= 8,691,674 ÷ 7,101,072 = 1.22
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. | CoStar Group Inc. financial leverage ratio decreased from Q4 2022 to Q1 2023 but then increased from Q1 2023 to Q2 2023 exceeding Q4 2022 level. |