Silicon Laboratories Inc (SLAB)

Financial leverage 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
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
Total stockholders’ equity	US$ in thousands	1,208,680	1,259,920	1,258,900	1,419,450	1,405,010	1,551,640	1,605,340	2,007,660	2,212,420	2,647,580	1,227,750	1,206,980	1,199,840	1,170,050	1,157,650	1,099,600	1,115,050	1,083,750	1,051,270	1,057,480
Financial leverage ratio		1.19	1.17	1.21	1.52	1.54	1.51	1.51	1.42	1.34	1.37	1.54	1.55	1.66	1.66	1.66	1.79	1.50	1.51	1.52	1.53

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $1,443,060K ÷ $1,208,680K
= 1.19

The financial leverage ratio of Silicon Laboratories Inc has shown some variability over the past few quarters. The ratio measures the extent to which the company relies on debt to finance its operations and growth.

Based on the data provided, the financial leverage ratio has fluctuated between a low of 1.17 in September 2023 to a high of 1.79 in March 2020. A ratio above 1 indicates that the company has more debt than equity in its capital structure.

The increase in the financial leverage ratio from the first quarter of 2023 to the second quarter of 2023 and subsequent decline by the end of 2023 suggests potential changes in the company's capital structure during that period.

Overall, the financial leverage ratio of Silicon Laboratories Inc has been on the higher side, which could indicate higher financial risk due to increased reliance on debt financing. Investors and analysts should continue to monitor this ratio to assess the company's ability to meet its debt obligations and assess its overall financial health.