Silicon Laboratories Inc (SLAB)
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 | — | — | — | — | 529,573 | — | — | — | — | — | — | — | 428,945 | — | — | — | 368,257 | 364,802 | 361,430 | 358,093 |
Total assets | US$ in thousands | 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 | 1,674,850 | 1,637,180 | 1,602,940 | 1,621,930 |
Debt-to-assets ratio | 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 | 0.22 | 0.22 | 0.23 | 0.22 |
December 31, 2023 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,443,060K
= 0.00
The debt-to-assets ratio for Silicon Laboratories Inc has shown relatively low and stable values, with occasional fluctuations noted in some periods. The ratio fluctuated around the range of 0.00 to 0.24 over the past years, reflecting a conservative approach to debt management by the company. The substantial zeros indicated in some quarters suggest the company operated with minimal or no debt relative to its total assets during those periods. The presence of larger values like 0.22 and 0.23 may indicate periods when debt levels were slightly more significant but still within reasonable limits. Overall, the trend of the debt-to-assets ratio for Silicon Laboratories Inc demonstrates a focus on maintaining a strong financial position with a conservative use of debt financing.
Peer comparison
Dec 31, 2023