MaxLinear Inc (MXL)

Debt-to-assets ratio

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	122,375	122,219	122,064	121,910	121,757	171,607	246,450	286,298	306,153	326,027	343,022	344,116	363,592	372,457	207,486	207,197	206,909	206,622	226,335	241,044
Total assets	US$ in thousands	1,080,260	1,103,790	1,161,480	1,198,480	1,180,020	1,182,700	1,180,690	1,099,130	1,050,380	1,053,890	1,026,630	998,599	1,022,440	1,007,780	693,060	693,425	705,791	706,765	729,160	748,882
Debt-to-assets ratio		0.11	0.11	0.11	0.10	0.10	0.15	0.21	0.26	0.29	0.31	0.33	0.34	0.36	0.37	0.30	0.30	0.29	0.29	0.31	0.32

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $122,375K ÷ $1,080,260K
= 0.11

The debt-to-assets ratio for MaxLinear Inc has shown a consistent trend over the past eight quarters. As of December 31, 2023, the ratio stood at 0.11, remaining unchanged from the previous quarter. This indicates that the company's total debt represents 11% of its total assets.

Looking back, there has been a noticeable improvement compared to the ratio of 0.26 recorded in March 31, 2022. This suggests that the company has effectively managed its debt relative to its assets over the past couple of years.

The relatively low and stable debt-to-assets ratio indicates that MaxLinear Inc has a strong financial position and a conservative approach to leveraging. This may provide the company with greater financial flexibility and resilience to economic downturns. It also suggests a lower level of financial risk, which may be viewed positively by investors and lenders.

Overall, the consistent low debt-to-assets ratio for MaxLinear Inc points to a prudent debt management strategy and a healthy balance sheet position.