ADEIA CORP (ADEA)

Debt-to-assets ratio

		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
Long-term debt	US$ in thousands	519,550	576,781	591,482	610,594	619,580	752,170	711,259	720,333	729,392	738,438	747,469	784,666	795,661	956,530	967,471
Total assets	US$ in thousands	1,105,560	1,124,070	1,122,610	1,153,820	1,210,530	2,160,730	2,481,300	2,478,830	2,470,020	2,524,540	2,576,790	2,634,910	2,701,180	2,668,700	2,752,610
Debt-to-assets ratio		0.47	0.51	0.53	0.53	0.51	0.35	0.29	0.29	0.30	0.29	0.29	0.30	0.29	0.36	0.35

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 fluctuated over the past few quarters, ranging from 0.29 to 0.53. A higher ratio indicates a greater proportion of the company's assets are funded by debt.

In the recent quarters, the ratio has been in the range of 0.47 to 0.53, suggesting that ADEIA CORP has been relying more on debt to finance its assets during this period. This could indicate potential concerns about the company's financial leverage and ability to manage its debt obligations.

However, it is worth noting that the ratio was lower in the previous quarters, between 0.29 and 0.36. This indicates that the company had a lower reliance on debt to finance its assets during that time.

Overall, the trend in the debt-to-assets ratio for ADEIA CORP suggests a varying degree of reliance on debt financing over the past few quarters, which could have implications for the company's financial stability and risk management.