Skyworks Solutions Inc (SWKS)
Debt-to-assets ratio
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | 1,297,300 | 1,523,100 | — |
| Total assets | US$ in thousands | 8,283,300 | 8,426,700 | 8,873,800 | 8,590,700 | 5,106,700 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.15 | 0.18 | 0.00 |
September 30, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $8,283,300K
= 0.00
The debt-to-assets ratio for Skyworks Solutions Inc has exhibited variation over the past five years. In 2020 and 2021, the company reported a debt-to-assets ratio of 0.00, indicating that they had no debt relative to their total assets in those years. However, in 2022, the ratio increased to 0.15, suggesting that the company started to utilize debt as a part of its capital structure, albeit at a relatively low level compared to the total assets. By 2023 and 2024, the debt-to-assets ratio remained stable at 0.00, indicating that Skyworks Solutions Inc effectively managed its debt levels compared to its total assets during those years. Overall, the trend in the debt-to-assets ratio indicates a conservative approach to debt management by the company, with periods of utilizing debt followed by returning to a debt-free position.
Peer comparison
Sep 30, 2024