Silicon Laboratories Inc (SLAB)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 1,222,670 | 1,443,060 | 2,169,430 | 2,958,300 | 1,993,490 |
| Total stockholders’ equity | US$ in thousands | 1,080,020 | 1,208,680 | 1,405,010 | 2,212,420 | 1,199,840 |
| Financial leverage ratio | 1.13 | 1.19 | 1.54 | 1.34 | 1.66 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,222,670K ÷ $1,080,020K
= 1.13
Silicon Laboratories Inc's financial leverage ratio has exhibited fluctuations over the past five years. The ratio decreased from 1.66 in December 2020 to 1.34 in December 2021, indicating a reduction in the company's reliance on debt to finance its operations. However, the ratio increased to 1.54 by December 2022, suggesting a slight uptick in leverage. Subsequently, there was a notable decline in the financial leverage ratio to 1.19 by December 2023, followed by a further decrease to 1.13 by December 2024.
These fluctuations in the financial leverage ratio demonstrate changes in Silicon Laboratories Inc's capital structure and the extent to which it utilizes debt financing. Overall, the downward trend in the ratio towards the latter years indicates a potential shift towards a more balanced mix of debt and equity in the company's financial structure.
Peer comparison
Dec 31, 2024