Silicon Laboratories Inc (SLAB)
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 | — | — | 529,573 | — | 428,945 |
| Total assets | US$ in thousands | 1,222,670 | 1,443,060 | 2,169,430 | 2,958,300 | 1,993,490 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.24 | 0.00 | 0.22 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,222,670K
= 0.00
The debt-to-assets ratio for Silicon Laboratories Inc has been fluctuating over the years. As of December 31, 2020, the ratio was 0.22, indicating that 22% of the company's assets were financed by debt. The ratio saw a significant decrease to 0.00 by December 31, 2021, suggesting that the company had no debt relative to its assets at that time.
However, the ratio increased to 0.24 by December 31, 2022, showing that 24% of the assets were funded by debt. Subsequently, the ratio returned to 0.00 by December 31, 2023 and 0.00 by December 31, 2024, indicating that the company had no debt compared to its total assets during those periods.
Overall, the trend in the debt-to-assets ratio for Silicon Laboratories Inc reflects a mix of reliance on debt financing and periods of debt-free operations, which can have implications for the company's financial stability and risk exposure.
Peer comparison
Dec 31, 2024