ADEIA CORP (ADEA)

Debt-to-assets ratio

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	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
Long-term debt	US$ in thousands	454,435	499,692	510,857	509,406	519,550	576,781	591,482	610,594	619,580	752,170	711,259	720,333	729,392	738,438	747,469	784,666
Total assets	US$ in thousands	1,097,960	1,083,160	1,068,670	1,079,340	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
Debt-to-assets ratio		0.41	0.46	0.48	0.47	0.47	0.51	0.53	0.53	0.51	0.35	0.29	0.29	0.30	0.29	0.29	0.30

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 fluctuations over the past few years, indicating varying levels of debt relative to total assets. From March 31, 2021, to June 30, 2022, the ratio remained relatively stable, hovering around 0.29 to 0.30. However, there was a notable increase in the ratio by the end of December 31, 2022, reaching 0.51, and it continued to rise to 0.53 by March 31, 2023, and June 30, 2023.

Subsequently, there was a slight decrease in the ratio by the end of December 31, 2024, where it stood at 0.41. This reduction in the debt-to-assets ratio suggests that ADEIA CORP may have reduced its debt levels compared to its total assets. Overall, monitoring this ratio is crucial as it provides insights into the company's leverage and financial risk.