Rambus Inc (RMBS)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	1,038,100	955,566	945,558	761,729	779,297	749,884	838,158	793,126	862,396	847,843	830,588	909,406	912,706	965,828	972,730	971,597	975,373	961,283	973,226	999,887
Debt-to-equity ratio		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.19	0.19	0.17	0.17	0.16	0.16	0.15	0.15	0.15	0.15	0.14

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,038,100K
= 0.00

The debt-to-equity ratio of Rambus Inc. has been consistently low, with values ranging from 0.00 to 0.09 over the past eight quarters. In the most recent quarter, Q4 2023, the company had no debt relative to its equity, indicating a strong financial position with minimal reliance on debt financing. The trend of decreasing debt-to-equity ratios from Q2 2022 to Q4 2023 suggests that Rambus Inc. has been effectively managing its debt levels and maintaining a healthy balance between debt and equity in its capital structure. This low debt-to-equity ratio may imply a lower financial risk for the company and greater financial stability, providing a favorable outlook for investors and stakeholders.