Texas Instruments Incorporated (TXN)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 35,509,000 | 32,348,000 | 27,207,000 | 24,676,000 | 19,351,000 |
| Total stockholders’ equity | US$ in thousands | 16,903,000 | 16,897,000 | 14,577,000 | 13,333,000 | 9,187,000 |
| Financial leverage ratio | 2.10 | 1.91 | 1.87 | 1.85 | 2.11 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $35,509,000K ÷ $16,903,000K
= 2.10
The financial leverage ratio of Texas Instruments Incorporated has exhibited fluctuations over the years. The ratio decreased from 2.11 in 2020 to 1.85 in 2021, indicating a reduction in the company's reliance on debt to finance its operations. However, the ratio slightly increased to 1.87 in 2022 and further to 1.91 in 2023, suggesting a moderate increase in the utilization of debt in the capital structure. By the end of 2024, the ratio rose to 2.10, reflecting a higher level of financial leverage compared to the previous year. Overall, Texas Instruments Incorporated has shown varying levels of financial leverage over the analyzed period, potentially impacting its risk profile and financial flexibility.
Peer comparison
Dec 31, 2024