Silicon Laboratories Inc (SLAB)

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 529,573 428,945
Total assets US$ in thousands 1,222,670 1,249,240 1,249,990 1,344,150 1,443,060 1,475,060 1,518,800 2,161,450 2,169,430 2,336,300 2,419,400 2,843,760 2,958,300 3,639,500 1,896,000 1,870,620 1,993,490 1,943,080 1,923,710 1,971,080
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.24 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,222,670K
= 0.00

The debt-to-assets ratio of Silicon Laboratories Inc remained consistently low at 0.00 from March 31, 2020, to March 31, 2024, indicating that the company financed its operations primarily through equity rather than debt during this period. However, there was a slight increase in the ratio to 0.22 as of December 31, 2020, and further to 0.24 as of December 31, 2022, suggesting a small portion of the company's assets were financed by debt in those particular periods. Overall, the company's low debt-to-assets ratio signifies a strong financial position with a lower risk of financial distress due to excessive debt levels.