Cirrus Logic Inc (CRUS)

Financial leverage 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
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
Total stockholders’ equity US$ in thousands 1,949,450 1,962,800 1,928,130 1,847,630 1,817,010 1,800,760 1,708,360 1,708,360 1,656,790 1,658,280 1,716,320 1,654,610 1,599,190 1,599,820 1,562,750 1,468,090 1,406,730 1,389,000 1,400,360 1,316,830
Financial leverage ratio 1.19 1.20 1.22 1.23 1.23 1.23 1.23 1.23 1.24 1.24 1.26 1.31 1.32 1.33 1.32 1.52 1.29 1.32 1.30 1.29

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,327,070K ÷ $1,949,450K
= 1.19

The financial leverage ratio of Cirrus Logic Inc has exhibited some fluctuations over the reporting periods. Starting at 1.29 in September 2020, the ratio increased steadily to 1.52 by September 2021, indicating a higher level of financial leverage. However, the ratio decreased to 1.26 by December 2022 and further to 1.19 by March 2025. This downward trend suggests that the company has reduced its reliance on debt in its capital structure during this period. A lower financial leverage ratio generally indicates a lower financial risk for the company as it implies less debt financing relative to equity. Overall, the decreasing trend in Cirrus Logic Inc's financial leverage ratio could indicate a healthier balance sheet and reduced risk exposure in the long run.