ADEIA CORP (ADEA)
Debt-to-assets ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | 454,435 | 519,550 | 619,580 | 729,392 | 795,661 |
Total assets | US$ in thousands | 1,097,960 | 1,105,560 | 1,210,530 | 2,470,020 | 2,701,180 |
Debt-to-assets ratio | 0.41 | 0.47 | 0.51 | 0.30 | 0.29 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $454,435K ÷ $1,097,960K
= 0.41
The debt-to-assets ratio of ADEIA CORP has shown some fluctuation over the years based on the provided data.
As of December 31, 2020, the ratio was 0.29, indicating that 29% of the company's assets were financed by debt. By the end of 2021, the ratio had increased slightly to 0.30. This suggests a relatively stable debt position in relation to the company's assets.
However, there was a significant spike in the ratio to 0.51 by December 31, 2022, indicating that more than half of ADEIA CORP's assets were funded by debt. This substantial increase could potentially signal a higher level of financial leverage or a decrease in asset value during that period.
Subsequently, the ratio decreased to 0.47 by the end of 2023 and further to 0.41 by the end of 2024. These reductions suggest a potential improvement in the company's debt management or an increase in asset value during those years.
Overall, the trend in ADEIA CORP's debt-to-assets ratio indicates some variability in the company's capital structure over the analyzed period, with a notable increase in leverage in 2022 followed by a gradual decrease in subsequent years. It would be prudent for stakeholders to monitor this ratio closely to assess the company's financial risk and stability.
Peer comparison
Dec 31, 2024