Rambus Inc (RMBS)

Debt-to-assets ratio

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 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019
Long-term debt US$ in thousands 161,733 159,806 157,905 156,031 154,182 152,359 150,561 148,788 147,039 145,314 143,612
Total assets US$ in thousands 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 1,338,990 1,301,630 1,312,160 1,321,420
Debt-to-assets ratio 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 0.11 0.11 0.11 0.11

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,258,230K
= 0.00

The debt-to-assets ratio of Rambus Inc. has shown a declining trend over the past eight quarters. In Q1 2022, the ratio was 0.07, which indicates that the company had higher debt relative to its assets at that time. However, since Q1 2022, there has been a consistent decrease in the debt-to-assets ratio, reaching 0.00 in Q4 2023. This downward trend suggests that Rambus Inc. has been reducing its debt levels in relation to its total assets, which can be a positive sign of financial health and stability. A lower debt-to-assets ratio typically indicates lower financial risk and a stronger balance sheet. Overall, the company's ability to effectively manage its debt in relation to its assets has improved significantly over the past two years.


Peer comparison

Dec 31, 2023