CEVA Inc (CEVA)
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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total assets | US$ in thousands | 308,948 | 304,891 | 300,402 | 301,439 | 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 |
Total stockholders’ equity | US$ in thousands | 266,556 | 265,770 | 263,786 | 262,349 | 264,341 | 256,700 | 258,584 | 259,870 | 258,871 | 252,297 | 273,715 | 278,079 | 276,732 | 269,742 | 265,016 | 261,649 | 260,889 | 256,571 | 252,381 | 249,272 |
Financial leverage ratio | 1.16 | 1.15 | 1.14 | 1.15 | 1.15 | 1.15 | 1.16 | 1.20 | 1.19 | 1.17 | 1.17 | 1.20 | 1.19 | 1.18 | 1.17 | 1.21 | 1.18 | 1.18 | 1.17 | 1.19 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $308,948K ÷ $266,556K
= 1.16
The financial leverage ratio of CEVA Inc has exhibited a relatively stable trend over the period from March 31, 2020, to December 31, 2024, fluctuating between 1.14 and 1.21. The ratio measures the company's level of debt financing relative to its equity, indicating that for every dollar of equity, the company has between $1.14 and $1.21 of debt. Overall, the financial leverage ratio suggests that the company has maintained a moderate level of leverage during the period in question.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
CEVA Inc
CEVA
1.16
ADEIA CORP
ADEA
2.77
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1.20
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1.53
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AOSL
1.28
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1.67
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1.37
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1.79
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2.45
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1.19
Diodes Incorporated
DIOD
1.33