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.