Super Micro Computer Inc (SMCI)

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	1,700,640	1,699,180	1,697,720	85,646	99,322	105,389	120,179	133,235	142,273	—	147,618	144,423	139,032	45,134	34,700	27,867	20,577	11,980	5,697	—
Total assets	US$ in thousands	9,728,350	10,851,400	9,826,090	8,862,780	5,405,000	4,095,960	3,674,730	3,192,600	3,074,940	3,301,280	3,205,080	3,071,180	2,676,600	2,426,690	2,241,960	1,998,840	1,894,070	1,816,690	1,918,650	1,960,240
Debt-to-assets ratio		0.17	0.16	0.17	0.01	0.02	0.03	0.03	0.04	0.05	0.00	0.05	0.05	0.05	0.02	0.02	0.01	0.01	0.01	0.00	0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $1,700,640K ÷ $9,728,350K
= 0.17

The debt-to-assets ratio of Super Micro Computer Inc has shown fluctuations over the period ranging from 0.00 to 0.17 as per the provided data. The ratio remained relatively stable at low levels between 0.00 and 0.05 from March 2020 to March 2022. However, there was a notable increase in the ratio to 0.17 as of June 30, 2024, which indicates a higher proportion of debt relative to assets during that period. This spike in the ratio may suggest an increase in leverage or debt financing compared to previous periods. It would be important to further investigate the reasons behind this increase in the debt-to-assets ratio and assess the implications for the company's financial health and risk profile.