Rambus Inc (RMBS)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | 156,031 |
| Total assets | US$ in thousands | 1,343,140 | 1,258,230 | 1,012,590 | 1,232,650 | 1,251,410 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.12 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,343,140K
= 0.00
The debt-to-assets ratio of Rambus Inc has shown a consistent trend of improvement over the years, as it decreased from 0.12 in December 2020 to 0.00 in December 2021, 2022, 2023, and 2024. This indicates that the company's level of debt relative to its total assets has been steadily declining, suggesting a healthier financial position with a lower level of financial risk associated with its debt obligations. A debt-to-assets ratio of 0.00 signifies that the company has no debt in relation to its assets, which could indicate a strong financial position and potentially more flexibility for future investments or expansion strategies.
Peer comparison
Dec 31, 2024