Qorvo Inc (QRVO)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| Total stockholders’ equity | US$ in thousands | 3,392,310 | 3,380,430 | 3,410,170 | 3,486,260 | 3,556,370 | 3,638,350 | 3,817,190 | 3,812,220 | 3,902,790 | 4,164,570 | 4,322,140 | 4,300,600 | 4,553,220 | 4,667,200 | 4,727,750 | 4,648,390 | 4,629,420 | 4,503,700 | 4,407,170 | 4,351,240 |
| Financial leverage ratio | 1.75 | 1.76 | 1.91 | 1.85 | 1.84 | 1.84 | 1.76 | 1.75 | 1.71 | 1.70 | 1.71 | 1.70 | 1.65 | 1.63 | 1.60 | 1.56 | 1.56 | 1.56 | 1.78 | 1.58 |
March 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,933,130K ÷ $3,392,310K
= 1.75
The financial leverage ratio of Qorvo Inc has shown a fluctuating trend over the period from June 30, 2020, to March 31, 2025. The ratio started at 1.58 on June 30, 2020, increased to 1.78 by September 30, 2020, before slightly decreasing to 1.56 by December 31, 2020. From March 31, 2021, to September 30, 2022, the ratio remained relatively stable around the 1.56 to 1.70 range.
Subsequently, the financial leverage ratio increased consistently from September 30, 2022, to June 30, 2024, reaching its peak of 1.91 on September 30, 2024. However, it then decreased to 1.76 by December 31, 2024, before slightly recovering to 1.75 by March 31, 2025.
Overall, the financial leverage ratio of Qorvo Inc demonstrates variations but generally indicates changes in the company's capital structure and the extent to which it relies on debt financing. An increasing ratio signifies greater financial risk due to higher debt obligations compared to equity, while a decreasing ratio may indicate a more conservative approach with less debt relative to equity.
Peer comparison
Mar 31, 2025