MaxLinear Inc (MXL)

Financial leverage 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
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
Total stockholders’ equity	US$ in thousands	516,283	556,872	617,255	637,983	686,265	702,677	746,047	734,112	676,385	615,881	569,597	527,846	489,198	457,543	433,667	420,778	391,117	396,808	401,975	408,157
Financial leverage ratio		1.67	1.61	1.58	1.62	1.57	1.57	1.56	1.63	1.74	1.92	2.07	2.08	2.15	2.30	2.37	2.37	2.61	2.54	1.72	1.70

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 shown fluctuations over the past few years, ranging from a low of 1.56 to a high of 2.61. This ratio measures the proportion of the company's debt to its equity and indicates the level of financial risk the company is carrying.

Based on the data provided, we observe that the financial leverage ratio increased significantly from September 2020 to December 2020, indicating a higher reliance on debt financing during that period. However, the ratio has gradually decreased since then, reaching a low of 1.56 in June 2023.

Overall, the trend in the financial leverage ratio suggests that MaxLinear Inc has been managing its debt levels effectively, maintaining a balance between debt and equity financing. A decreasing ratio indicates a reduced reliance on debt, which can be a positive sign in terms of financial stability and risk management. However, it is essential for the company to continue monitoring and managing its leverage ratio to ensure sustainable growth and financial health.