ADEIA CORP (ADEA)

Debt-to-capital 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 stockholders’ equity US$ in thousands 396,571 356,622 301,412 1,349,630 1,456,880
Debt-to-capital ratio 0.53 0.59 0.67 0.35 0.35

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $454,435K ÷ ($454,435K + $396,571K)
= 0.53

The debt-to-capital ratio for ADEIA CORP has shown some fluctuations over the years. It was consistent at 0.35 for both December 31, 2020, and December 31, 2021, indicating a moderate level of debt relative to the company's total capital. However, there was a notable increase to 0.67 on December 31, 2022, suggesting a higher proportion of debt in the capital structure. The ratio then decreased to 0.59 on December 31, 2023 and further to 0.53 on December 31, 2024, showcasing a trend towards lower leverage and a healthier balance between debt and equity in the company's financing. Overall, while the ratio fluctuated, the downward trend in recent years indicates a positive shift towards a more balanced capital structure for ADEIA CORP.