MaxLinear Inc (MXL)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 864,639 | 1,080,260 | 1,180,020 | 1,050,380 | 1,022,440 |
| Total stockholders’ equity | US$ in thousands | 516,283 | 686,265 | 676,385 | 489,198 | 391,117 |
| Financial leverage ratio | 1.67 | 1.57 | 1.74 | 2.15 | 2.61 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $864,639K ÷ $516,283K
= 1.67
The financial leverage ratio of MaxLinear Inc has been showing a declining trend over the past five years. In 2020, the ratio was at 2.61, indicating a higher level of financial leverage. However, this ratio decreased to 2.15 in 2021, further declining to 1.74 in 2022, and dropping to 1.57 in 2023. This suggests that the company has been reducing its reliance on debt to finance its operations and investments. Although there was a slight uptick to 1.67 in 2024, the overall trend indicates a more conservative capital structure, potentially reducing financial risk and improving stability.
Peer comparison
Dec 31, 2024