CEVA Inc (CEVA)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital 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 |
| Debt-to-equity 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 |
| 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 |
CEVA Inc's solvency ratios paint a picture of a company with a strong financial position in terms of debt management. The Debt-to-assets ratio has consistently remained at 0.00 across all reported periods, indicating that the company's total debt is negligible compared to its total assets.
Likewise, the Debt-to-capital ratio and Debt-to-equity ratio have also maintained a consistent 0.00 for all periods, implying that the company's reliance on debt to finance its operations is minimal. This is a positive sign as lower debt levels indicate lower financial risk and greater financial stability.
The Financial leverage ratio, which measures the extent to which the company relies on debt to fund its operations, has shown a slight fluctuation over the years but generally remains at a manageable level between 1.14 to 1.21. This suggests that the company has a healthy balance between debt and equity in its capital structure.
Overall, CEVA Inc's solvency ratios indicate a conservative approach to debt management, with a strong emphasis on financial stability and a minimal risk of default.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | — | -7.78 | -7.85 | -11.81 | -5.03 | -3.99 | -0.83 | -0.35 | -0.11 | 0.38 | 1.72 | 3.47 | 2.27 | 4.98 | 1.79 | -0.23 | -0.34 | 0.33 | 0.30 | -0.23 |
CEVA Inc's interest coverage ratio has shown significant fluctuations over the past few years. The interest coverage ratio is a measure of a company's ability to meet its interest obligations with its operating income.
From March 31, 2020, to September 30, 2021, CEVA Inc's interest coverage ratio ranged between negative values and moderate positive figures, indicating inconsistencies in the company's ability to cover its interest expenses with its operating income.
From September 30, 2021, to March 31, 2022, the interest coverage ratio improved significantly, reaching a peak of 4.98 on September 30, 2021, which suggests that the company's operating income was more than sufficient to cover its interest expenses.
However, from March 31, 2022, onwards, the interest coverage ratio started to decline again, indicating a potential deterioration in the company's ability to cover its interest payments. By December 31, 2024, the interest coverage ratio had dropped to negative values, indicating that the company may be facing challenges in meeting its interest obligations with its operating income.
Overall, the trend in CEVA Inc's interest coverage ratio suggests a fluctuating ability to cover interest expenses with operating income, with periods of improvement followed by declines. Investors and stakeholders should closely monitor these fluctuations as they may indicate financial distress or instability in the company's operations.