MaxLinear Inc (MXL)

Debt-to-capital ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Long-term debt US$ in thousands 122,996 122,375 121,757 306,153 363,592
Total stockholders’ equity US$ in thousands 516,283 686,265 676,385 489,198 391,117
Debt-to-capital ratio 0.19 0.15 0.15 0.38 0.48

December 31, 2024 calculation

Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $122,996K ÷ ($122,996K + $516,283K)
= 0.19

The debt-to-capital ratio of MaxLinear Inc has shown a decreasing trend over the years, indicating a stronger financial position in terms of leveraging debt compared to the total capital structure. As of December 31, 2020, the ratio stood at 0.48, signifying that 48% of the company's capital was funded through debt. By the end of December 31, 2024, the ratio had decreased to 0.19, suggesting a decrease in reliance on debt financing and a shift towards a more balanced capital structure. This trend may suggest improved financial health and potentially lower financial risk for the company.