CEVA Inc (CEVA)
Debt-to-assets ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 304,085 | 295,987 | 300,273 | 311,134 | 308,442 | 294,814 | 319,407 | 335,040 | 328,659 | 317,711 | 310,625 | 315,533 | 306,952 | 301,564 | 296,306 | 295,917 | 297,021 | 293,925 | 284,765 | 286,832 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $304,085K
= 0.00
The debt-to-assets ratio of Ceva Inc. has consistently been 0.00 for the past eight quarters, indicating that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 means that the company's total assets are entirely financed by equity, implying a high level of financial stability and low financial risk. It suggests that Ceva Inc. has been able to fund its operations, investments, and growth using internal resources or equity financing rather than relying on borrowing. This may be perceived positively by investors and creditors as it implies that the company has a strong financial position and is not burdened by significant debt obligations.
Peer comparison
Dec 31, 2023