ADEIA CORP (ADEA)

Debt-to-assets ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Long-term debt	US$ in thousands	519,550	619,580	729,392	795,661
Total assets	US$ in thousands	1,105,560	1,210,530	2,470,020	2,701,180
Debt-to-assets ratio		0.47	0.51	0.30	0.29

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $519,550K ÷ $1,105,560K
= 0.47

The debt-to-assets ratio of ADEIA CORP has shown some fluctuation over the past four years. It decreased from 0.51 in 2022 to 0.47 in 2023, indicating a slightly improved debt management in the most recent year. However, this ratio remains relatively high, suggesting that a significant portion of the company's assets are financed by debt. In 2021 and 2020, the ratios were lower at 0.30 and 0.29 respectively, indicating a higher proportion of assets financed by equity during those years. Overall, ADEIA CORP's debt-to-assets ratio has exhibited variability, and further analysis would be needed to assess the impact of this ratio on the company's financial health and risk profile.