Rambus Inc (RMBS)

Debt-to-assets 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
Long-term debt	US$ in thousands	—	—	—	—	—	—	—	—	—	—	—	—	—	161,733	159,806	157,905	156,031	154,182	152,359	150,561
Total assets	US$ in thousands	1,343,140	1,251,570	1,250,620	1,208,840	1,258,230	1,184,330	1,127,120	962,630	1,012,590	969,056	1,110,910	1,060,880	1,232,650	1,202,670	1,152,980	1,235,780	1,251,410	1,309,020	1,316,650	1,325,390
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	0.13	0.14	0.13	0.12	0.12	0.12	0.11

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 and low level of debt relative to its total assets over the period from March 31, 2020, to December 31, 2024. The ratio initially stood at 0.11 as of March 31, 2020, and gradually increased to 0.14 by June 30, 2021. Subsequently, the ratio fluctuated around 0.13 before dropping to 0.00 as of December 31, 2021, and remained at this level for the following periods.

A debt-to-assets ratio of 0.00 indicates that the company has no debt in relation to its total assets, suggesting a strong financial position with minimal financial risk associated with debt obligations. This significant decrease in the ratio highlights Rambus Inc's ability to rely more on equity financing or internal funds for its operations and growth, rather than relying on debt financing. Overall, the trend in the debt-to-assets ratio indicates a conservative approach to managing debt levels and maintaining a healthy balance sheet position.