MACOM Technology Solutions Holdings Inc (MTSI)

Debt-to-assets ratio

		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	Dec 31, 2019
Long-term debt	US$ in thousands	448,281	447,994	447,707	447,421	447,134	446,848	566,743	566,332	565,920	565,509	565,097	564,686	492,097	488,043	492,173	650,931	652,172	652,947	653,722	654,497
Total assets	US$ in thousands	1,755,640	1,705,210	1,676,390	1,650,800	1,553,240	1,642,710	1,617,470	1,587,710	1,571,820	1,333,070	1,286,490	1,260,120	1,134,140	1,100,110	1,068,400	1,153,680	1,146,430	1,121,130	1,112,800	1,132,210
Debt-to-assets ratio		0.26	0.26	0.27	0.27	0.29	0.27	0.35	0.36	0.36	0.42	0.44	0.45	0.43	0.44	0.46	0.56	0.57	0.58	0.59	0.58

September 30, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $448,281K ÷ $1,755,640K
= 0.26

The debt-to-assets ratio of MACOM Technology Solutions Holdings Inc has shown a fluctuating trend over the past few quarters. The ratio has ranged from 0.26 to 0.59 over the last two years, indicating the proportion of debt relative to total assets held by the company.

In the most recent quarter, as of September 30, 2024, the debt-to-assets ratio stood at 0.26, which suggests that 26% of the company's total assets are financed by debt. This ratio has remained relatively stable in the range of 0.26 to 0.27 in the recent quarters, indicating that MACOM Technology Solutions Holdings Inc has been maintaining a conservative level of debt relative to its total assets.

Analyzing the historical trend, the debt-to-assets ratio has experienced fluctuations, peaking at 0.59 as of December 31, 2019, and has since shown a decreasing trend. While the ratio has decreased over time, it is important to note that levels above 0.5 signify higher financial leverage and potentially higher financial risk.

Overall, the trend in MACOM Technology Solutions Holdings Inc's debt-to-assets ratio points towards a moderate level of debt utilization to finance its operations and investments. This ratio provides insights into the company's capital structure and financial risk management strategies.