Silicon Laboratories Inc (SLAB)

Debt-to-equity ratio

		Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Long-term debt	US$ in thousands	—	529,573	—	428,945	368,257
Total stockholders’ equity	US$ in thousands	1,208,680	1,405,010	2,212,420	1,199,840	1,115,050
Debt-to-equity ratio		0.00	0.38	0.00	0.36	0.33

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,208,680K
= 0.00

The debt-to-equity ratio of Silicon Laboratories Inc has shown variability over the past five years. In 2023, the company has reported a debt-to-equity ratio of 0.00, indicating that it has no debt on its balance sheet relative to its equity. This may imply a strong financial position with low financial risk and a healthy capital structure.

In 2022, the company's debt-to-equity ratio was 0.38, indicating that the company had higher levels of debt compared to equity, suggesting higher financial leverage. The decrease to 0.00 in 2021 shows that the company either significantly reduced or eliminated its debt, resulting in a debt-free position, similar to the 2023 ratio.

The company maintained relatively stable debt levels in 2020 and 2019, with debt-to-equity ratios of 0.36 and 0.33 respectively. These ratios suggest a balanced mix of debt and equity in the company's capital structure throughout these years.

Overall, the trend indicates a favorable debt-to-equity position in recent years, with 2023 standing out as a year with no reported debt, suggesting a conservative financial approach and a strong foundation for future growth and financial stability.