Cirrus Logic Inc (CRUS)
Debt-to-assets ratio
| Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Sep 23, 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 2,327,070 | 2,363,240 | 2,356,140 | 2,265,620 | 2,231,580 | 2,217,110 | 2,104,450 | 2,104,450 | 2,056,590 | 2,063,970 | 2,165,890 | 2,164,070 | 2,105,900 | 2,123,400 | 2,068,120 | 2,226,160 | 1,814,010 | 1,830,610 | 1,825,630 | 1,699,860 |
| 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 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,327,070K
= 0.00
The debt-to-assets ratio of Cirrus Logic Inc has consistently been 0.00 for the period reported from September 30, 2020, to March 31, 2025. This indicates that the company has not utilized debt as a source of financing its assets during this period. A low or zero debt-to-assets ratio indicates that the company relies more on equity financing to support its operations and investments, which may reduce financial risk and interest expenses. However, it's important to note that while a low debt-to-assets ratio may be indicative of financial strength, it could also suggest limited leverage for potential growth opportunities. Overall, the consistent 0.00 debt-to-assets ratio reflects Cirrus Logic Inc's conservative capital structure and financial stability.
Peer comparison
Mar 31, 2025