ADEIA CORP (ADEA)

Financial leverage 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
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
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
Financial leverage ratio		2.77	2.86	2.98	3.08	3.10	3.27	3.48	3.58	4.02	2.18	1.81	1.82	1.83	1.83	1.79	1.83

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,097,960K ÷ $396,571K
= 2.77

The financial leverage ratio of ADEIA CORP has exhibited fluctuation over the periods under consideration. The ratio has generally ranged between 1.79 and 4.02, indicating variations in the company's level of financial leverage. A higher financial leverage ratio typically suggests that the company is relying more on debt to finance its operations, which can magnify returns but also increase financial risk. The ratio peaked at 4.02 on December 31, 2022, which may indicate a significant increase in debt relative to equity during that period. Subsequently, the ratio declined to 2.77 by December 31, 2024, reflecting a decrease in the company's reliance on debt to support its financial activities. Overall, monitoring the financial leverage ratio is crucial for assessing ADEIA CORP's capital structure and risk profile.