ADEIA CORP (ADEA)

Debt-to-capital 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 stockholders’ equity US$ in thousands 396,571 378,215 359,136 349,951 356,622 343,825 323,021 322,614 301,412 992,387 1,367,240 1,364,820 1,349,630 1,379,730 1,441,540 1,443,390
Debt-to-capital ratio 0.53 0.57 0.59 0.59 0.59 0.63 0.65 0.65 0.67 0.43 0.34 0.35 0.35 0.35 0.34 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 of ADEIA CORP has been relatively stable over the past few years. From March 31, 2021, to December 31, 2024, the ratio fluctuated within a range of 0.35 to 0.67. There was a significant increase in the ratio from September 30, 2022, to December 31, 2022, where it jumped from 0.43 to 0.67. This uptick indicates a higher proportion of debt in the company's capital structure during that period. However, the ratio gradually decreased after December 31, 2022, reaching 0.53 by December 31, 2024. Overall, the debt-to-capital ratio trend suggests that ADEIA CORP has been managing its debt levels adequately, although there was a brief spike in leverage in late 2022.