Alpha and Omega Semiconductor Ltd (AOSL)

Financial leverage ratio

Jun 30, 2025 Mar 31, 2025 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 Dec 31, 2020 Sep 30, 2020
Total assets US$ in thousands 1,032,690,000 1,116,370 1,133,940 1,137,620 1,145,010 1,154,050 1,176,350 1,206,370 1,199,740 1,253,310 1,285,640 1,311,440 1,298,630 1,209,170 1,111,880 991,678 918,573 874,391 853,165 811,748
Total stockholders’ equity US$ in thousands 822,332,000 886,291 902,580 895,272 891,607 888,937 894,558 885,279 883,919 887,258 899,674 885,469 854,093 826,901 793,990 400,871 373,205 345,287 331,718 309,108
Financial leverage ratio 1.26 1.26 1.26 1.27 1.28 1.30 1.32 1.36 1.36 1.41 1.43 1.48 1.52 1.46 1.40 2.47 2.46 2.53 2.57 2.63

June 30, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,032,690,000K ÷ $822,332,000K
= 1.26

The financial leverage ratio of Alpha and Omega Semiconductor Ltd demonstrates notable fluctuations over the observed period from September 2020 to June 2025. Initially, the ratio was relatively high at 2.63 as of September 30, 2020, gradually declining to a low of 1.26 in the most recent periods.

Between September 2020 and December 2021, the ratio exhibited a decreasing trend, dropping from 2.63 to 1.40, indicating a reduction in the company's reliance on debt relative to equity. This decline persisted through 2022 and into 2023, with the ratio stabilizing around 1.36 to 1.43, which suggests a plateau in leverage levels.

From December 2021 onward, the leverage ratio maintained a downward trajectory, approaching values near 1.26 by December 2024. The ratios from March 2024 through June 2025 remained steady at approximately 1.26, indicating a stabilization in financial structure.

Overall, the observed trend reveals a consistent reduction in financial leverage over the analyzed period, reflecting a strategic shift towards lower reliance on debt financing. This reduction enhances the company's financial stability by decreasing its debt burden, though it also suggests potential changes in capital structure or capital allocation strategies. The ratio's stabilization in recent periods indicates a balanced approach to leveraging, aligning with prudent financial management.

In summary, the company has progressively decreased its leverage ratio over the years, signaling improved financial resilience and possibly a lower risk profile for stakeholders.


Peer comparison

Jun 30, 2025

Company name
Symbol
Financial leverage ratio
Alpha and Omega Semiconductor Ltd
AOSL
1.26
Micron Technology Inc
MU
1.53