Qorvo Inc (QRVO)
Debt-to-assets ratio
| Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 5,933,130 | 5,963,100 | 6,503,080 | 6,447,300 | 6,554,640 | 6,699,390 | 6,718,520 | 6,686,590 | 6,691,900 | 7,076,220 | 7,374,730 | 7,330,520 | 7,509,070 | 7,626,580 | 7,576,460 | 7,271,860 | 7,221,470 | 7,041,380 | 7,824,420 | 6,882,690 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
March 31, 2025 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,933,130K
= 0.00
The debt-to-assets ratio of Qorvo Inc has consistently remained at 0.00 from June 30, 2020, to March 31, 2025. This indicates that Qorvo Inc has not carried any debt in relation to its total assets during this period. A debt-to-assets ratio of 0.00 typically suggests that the company has been financing its operations primarily through equity rather than debt. This can be viewed positively as it implies lower financial leverage and less risk associated with debt obligations. However, it is important to note that a very low debt-to-assets ratio may also indicate underutilization of debt for potential growth opportunities or that the company may be missing out on potential tax benefits associated with debt financing. Overall, Qorvo Inc's consistent 0.00 debt-to-assets ratio reflects a conservative approach to capital structure and financial risk management.
Peer comparison
Mar 31, 2025