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.