MaxLinear Inc (MXL)

Debt-to-assets ratio

		Dec 31, 2024	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
Long-term debt	US$ in thousands	122,996	122,840	122,684	122,529	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
Total assets	US$ in thousands	864,639	895,303	973,197	1,030,620	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
Debt-to-assets ratio		0.14	0.14	0.13	0.12	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

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $122,996K ÷ $864,639K
= 0.14

The debt-to-assets ratio of MaxLinear Inc has shown a declining trend over the past few years, indicating improved financial stability and lower financial risk. Starting at 0.30 in March 2020 and hovering around this level until September 2020, the ratio slightly increased to 0.37 by September 2020 before gradually decreasing to 0.10 by December 2022. From December 2022 to December 2024, the ratio has remained relatively stable between 0.10 and 0.14.

This decreasing trend indicates that MaxLinear Inc has been effectively managing its debt relative to its total assets, suggesting a stronger financial position and potentially better ability to meet its financial obligations. The company's decreasing debt-to-assets ratio may imply efficient debt repayment or increased asset base, both of which can improve the company's overall financial health and long-term sustainability.