Cirrus Logic Inc (CRUS)
Debt-to-assets ratio
| Mar 31, 2025 | Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 2,327,070 | 2,231,580 | 2,063,970 | 2,123,400 | 1,830,610 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,327,070K
= 0.00
The debt-to-assets ratio for Cirrus Logic Inc has remained constant at 0.00 over the past five years, from March 31, 2021, to March 31, 2025. This indicates that the company has not utilized debt to finance its assets during this period. A low or zero debt-to-assets ratio can signify a strong financial position and lower financial risk for the company, as it suggests that the firm is not heavily reliant on borrowing to fund its operations. It may indicate that Cirrus Logic Inc has been able to maintain a healthy balance between its debt and assets, potentially enhancing its financial stability and creditworthiness in the eyes of investors and creditors.
Peer comparison
Mar 31, 2025