ADEIA CORP (ADEA)

Debt-to-equity 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-equity ratio		1.15	1.32	1.42	1.46	1.46	1.68	1.83	1.89	2.06	0.76	0.52	0.53	0.54	0.54	0.52	0.54

December 31, 2024 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $454,435K ÷ $396,571K
= 1.15

The debt-to-equity ratio of ADEIA CORP has fluctuated over the past few years, indicating changes in its capital structure.

As of March 31, 2021, the debt-to-equity ratio was 0.54, suggesting that the company's debt level was 54% of its equity. This ratio decreased slightly to 0.52 by June 30, 2021, and remained stable at 0.54 by September 30, 2021, and December 31, 2021.

However, from March 31, 2022, to June 30, 2024, the debt-to-equity ratio showed a significant increase, reaching a peak of 2.06 by December 31, 2022. This indicates a higher level of debt relative to equity, which could potentially increase the company's financial risk.

Subsequently, the ratio gradually decreased from March 31, 2023 (1.89) to December 31, 2024 (1.15), suggesting a trend towards a more conservative capital structure.

Overall, the fluctuating debt-to-equity ratio of ADEIA CORP indicates changes in its leverage and capital funding strategies over the years, reflecting varying levels of financial risk and stability. Investors and stakeholders may find this information useful in assessing the company's financial health and decision-making processes.