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RMBSRambus Inc.
$114.73$12.4B
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HomeStocksRMBSBalance Sheet

Rambus Inc. (RMBS) Balance Sheet

30Y historyFree accessUpdated daily

The company exhibits a fortress-like capital structure, evidenced by a negligible debt-to-equity ratio of 0.02% and a current ratio of 9.82 as of 2026Q1.

RMBS Balance Sheet

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly
MetricTTMDec'25Dec'24Dec'23Dec'22Dec'21Dec'20Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07Dec'06Dec'05Dec'04Dec'03Sep'02Sep'01Sep'00Sep'99Sep'98Sep'97Sep'96
Total Current Assets999.88M988.82M690.26M630.64M527.21M684.36M699.71M664.67M527.75M371.74M216.78M315.59M314.84M398.37M215.18M301.38M527.93M469.97M355.93M462.75M442.74M170.01M157.18M95.59M95.93M143.25M142.94M99.8M91.8M80.8M10.1M
Cash & Short-Term Investments786.14M761.83M481.8M425.84M313.23M485.61M502.65M407.66M277.76M329.38M172.18M287.71M300.11M387.66M203.33M289.46M512.01M460.19M345.85M440.88M424.36M160.81M137.79M66.78M86.54M129.9M122.22M87.6M25.8M20.6M700K
Cash Only134.32M182.83M99.78M94.77M125.33M107.89M128.97M102.18M115.92M225.84M135.29M143.76M154.13M338.7M148.98M162.24M215.26M289.07M116.24M119.39M73.3M42.39M48.31M42.01M21.45M44.2M63.09M5.5M25.8M20.6M700K
Short-Term Investments651.82M579M382.02M331.08M187.89M377.72M373.68M305.49M161.84M103.53M36.89M143.94M145.98M48.97M54.35M127.21M296.75M171.12M229.61M321.49M351.06M118.42M89.48M24.78M65.08M85.7M59.13M82.1M000
Accounts Receivable134.17M162.69M147.88M133.8M181.07M179.67M166.72M228.41M227.48M25.89M21.1M16.41M6M2.25M529K1.03M2.6M949K1.5M1.92M2.59M954K1.44M10.26M312K2.37M68K2.5M1.9M900K700K
Days Sales Outstanding71.0283.9196.97105.91145.32199.76247.04372.13359.1224.0422.8820.217.393.030.821.22.933.073.853.894.852.223.6231.691.187.380.3421.0318.312.6322.61
Inventory58.42M44.1M44.63M36.15M20.9M8.48M14.47M10.09M6.77M5.16M5.63M1.08M00-1.14M000-615K000000000000
Days Inventory Outstanding102.3294.64119.1792.7154.1931.4557.6547.4241.6521.8927.598.24-------------------
Other Current Assets0015.94M34.85M12.02M0000000187K205K788K2.8M2.42M129K88K11.6M11.39M3.83M000020.65M9.7M64.1M59.3M8.7M
Total Non-Current Assets533.27M540.73M652.88M627.58M485.38M548.28M551.7M678.77M833.4M512.88M566.72M403.91M273.44M315.01M373.78M392.28M135.25M85.9M40.96M164.6M161.87M315.3M219.54M197.5M137.03M94.54M76.69M13.2M19.2M7.1M2.8M
Property, Plant & Equipment113.28M130.16M96.96M89.31M110.4M79.75M86.4M82.56M57.03M54.3M58.44M56.62M64.02M72.64M86.91M81.11M67.77M38.97M22.29M24.59M26.02M18.9M17.58M10.96M13.28M15.86M6.72M4M4M4.3M2.3M
Fixed Asset Turnover5.92x5.44x5.74x5.16x4.12x4.12x2.85x2.71x4.05x7.24x5.76x5.23x4.63x3.74x2.69x3.85x4.77x2.90x6.39x7.32x7.51x8.32x8.24x10.78x7.27x7.39x10.75x10.85x9.48x6.05x4.91x
Goodwill286.81M286.81M286.81M286.81M292.04M278.81M183.22M183.47M207.18M209.66M204.79M116.9M116.9M116.9M124.97M115.15M18.15M15.25M4.45M4.45M3.31M3.31M000000000
Intangible Assets8.49M10.17M17.06M28.77M50.88M58.42M36.49M54.9M59.94M91.72M132.39M64.27M89.37M117.17M153.17M181.96M40.99M21.96M7.24M13.44M18.7M23.65M21.77M13.18M0000000
Long-Term Investments0000000000000000000000000000000
Other Non-Current Assets23.2M113.58M115.58M94.8M29.03M127.26M241.23M353.28M504.83M4.54M2.75M2.17M2.61M3.5M3.13M6.54M5.36M7.68M5.59M5.91M15.65M200.81M104.9M129.79M88.22M34.41M69.97M9.2M15.2M2.8M500K
Total Assets1.53B1.53B1.34B1.26B1.01B1.23B1.25B1.34B1.36B891.07M783.5M718.02M588.28M713.38M587.81M693.65M663.17M555.87M397.37M627.35M604.62M515.95M376.72M293.09M232.96M237.79M219.63M113M111M87.9M12.9M
Asset Turnover0.49x0.46x0.41x0.37x0.45x0.27x0.20x0.17x0.17x0.44x0.43x0.41x0.50x0.38x0.40x0.45x0.49x0.20x0.36x0.29x0.32x0.30x0.38x0.40x0.41x0.49x0.33x0.38x0.34x0.30x0.88x
Asset Growth %54.76%13.88%6.75%24.26%-17.85%-1.5%-6.85%-1.3%52.75%13.73%9.12%22.05%-17.54%21.36%-15.26%4.6%19.3%39.89%-36.66%3.76%17.18%36.96%28.54%25.81%-2.03%8.27%94.36%1.8%26.28%581.4%-29.51%
Total Current Liabilities101.83M120.57M81.81M89.12M126.71M267.27M85.86M86.18M69.28M132.84M51.3M28.37M34.66M212.84M54.13M65.31M55.81M186.19M35.49M56.15M218.44M20.61M36.72M34.98M21.57M22.38M33.19M33.1M32.2M31M15.1M
Accounts Payable35.29M35.91M18.52M18.07M24.82M11.28M8.99M9.55M7.39M9.61M9.79M4.1M6.96M7M7.92M16.57M5.95M8.97M6.37M11.28M10.43M4.37M6.88M2.78M3.95M1.56M1.85M3.5M500K400K1.2M
Days Payables Outstanding52.4177.0849.4546.3564.3441.8335.8444.8945.4740.847.9631.2755.6549.4540.19107.6598.28159.58109.21151.83125.2567.27124.0363.52189.7257.8483.9140.3829.4442.94121.67
Short-Term Debt000010.38M163.69M00078.45M000164.05M000136.03M00160M00000029.5M100K400K800K
Deferred Revenue (Current)66.37M019.9M17.39M23.86M24.75M10.2M11.95M19.37M18.27M16.93M5.78M4.13M08.11M00320K1.79M2.76M6M973K19.27M24.18M11.09M14.4M00000
Other Current Liabilities19.6M56.3M17.31M26.6M23.99M20M18.56M18.89M9.19M9.16M10.4M6.21M8.72M7.88M0031.63M31.54M8.07M000200K53K21K183K31.34M100K31.6M30.2M13.1M
Current Ratio9.82x8.20x8.44x7.08x4.16x2.56x8.15x7.71x7.62x2.80x4.23x11.13x9.08x1.87x3.97x4.61x9.46x2.52x10.03x8.24x2.03x8.25x4.28x2.73x4.45x6.40x4.31x3.02x2.85x2.61x0.67x
Quick Ratio9.25x7.84x7.89x6.67x4.00x2.53x7.98x7.60x7.52x2.76x4.12x11.09x9.08x1.87x4.00x4.61x9.46x2.52x10.05x8.24x2.03x8.25x4.28x2.73x4.45x6.40x4.31x3.02x2.85x2.61x0.67x
Cash Conversion Cycle120.92101.48166.69152.27135.17189.38268.85374.66355.315.142.51-2.81-------------------
Total Non-Current Liabilities38.08M44.55M140.63M131M106.59M102.98M252.84M281.89M279.76M186.9M179.41M164.6M162M160.31M212.08M198.55M272.58M114.35M139.8M164.11M3.89M169.91M4.55M18.02M15.9M24.06M24.12M14.6M37M30.2M9.9M
Long-Term Debt018.67M0000156.03M148.79M178.23M172.71M164.2M159.53M154.15M148.98M193.47M133.49M121.5M112.01M136.95M160M0160M0000000100K500K
Capital Lease Obligations77.97M18.67M24.53M26.25M29.08M29.1M34.3M39.89M36.3M37.26M38.03M039.06M045.92M43.79M-85.6M0-1.86M000000000000
Deferred Tax Liabilities0004.46M24.96M23.98M14.28M13.85M18.96M9.83M11.6M162.49M536K4.8M4.46M7.53M2.97M2.03M1.86M116.21M98.71M69.06M75.3M43.56M35.53M000000
Other Non-Current Liabilities21.04M7.2M116.1M100.29M52.55M49.9M48.23M79.37M46.27M-33.16M-34.41M3.6M-31.22M11.33M-27.31M13.73M-75.92M304K907K4.11M3.89M69.06M75.3M0024.06M24.12M14.6M37M30.1M9.4M
Total Liabilities139.91M165.12M222.44M220.13M233.3M370.25M338.7M368.07M349.04M319.74M230.71M192.97M196.66M373.15M266.22M263.86M328.39M300.54M175.29M220.26M222.33M190.52M41.27M53.01M37.47M46.43M57.31M47.7M69.2M61.2M25M
Total Debt23.4M43.65M30.15M30.71M44.48M198.78M195.06M195.03M178.23M251.16M164.2M158.04M154.15M313.02M193.47M177.29M121.5M248.04M125.47M160M160M160M0000029.5M100K500K1.3M
Net Debt-110.92M-139.17M-69.62M-64.06M-80.85M90.89M66.09M92.86M62.31M25.32M28.9M14.28M26K-25.67M44.49M15.04M-93.76M-41.03M9.23M40.61M86.7M117.61M-48.31M-42.01M-21.45M-44.2M-63.09M24M-25.7M-20.1M600K
Debt / Equity0.02x0.03x0.03x0.03x0.06x0.23x0.21x0.20x0.18x0.44x0.30x0.30x0.39x0.92x0.60x0.41x0.36x0.97x0.54x0.39x0.42x0.49x-----0.45x0.00x0.02x-
Debt / EBITDA0.08x0.15x0.14x0.21x0.35x2.68x30.38x--2.24x1.68x1.48x1.39x3.66x5.23x1.68x0.85x---4.38x2.82x-----2.32x0.01x0.13x-
Net Debt / EBITDA-0.38x-0.48x-0.32x-0.45x-0.64x1.22x10.29x--0.23x0.30x0.13x0.00x-0.30x1.20x0.14x-0.66x---2.37x2.08x-0.68x-1.28x-0.59x-0.96x-2.00x1.89x-2.38x-5.03x-
Interest Coverage217.32x206.36x142.27x126.61x-3.18x3.18x-2.53x-7.83x-3.34x3.99x2.78x5.85x3.02x0.63x-3.29x-0.21x11.56x-3.43x-4.21x-4.39x------0.17x----
Total Equity1.39B1.36B1.12B1.04B779.3M862.4M912.71M975.37M1.01B571.58M552.78M526.53M391.62M340.23M321.59M429.79M334.78M255.33M232.94M407.08M382.29M323.47M335.46M240.08M195.49M191.36M162.32M65.3M41.8M26.7M-12.1M
Equity Growth %85.24%21.75%7.96%33.21%-9.64%-5.51%-6.42%-3.63%77.07%3.4%4.99%34.45%15.11%5.79%-25.17%28.38%31.12%9.61%-42.78%6.49%18.18%-3.57%39.73%22.81%2.16%17.89%148.58%56.22%56.55%320.66%-53.16%
Book Value per Share12.7012.4410.289.367.127.518.068.799.335.194.894.483.333.032.903.913.202.442.233.913.713.123.092.291.911.811.680.650.430.27-0.55
Total Shareholders' Equity1.39B1.36B1.12B1.04B779.3M862.4M912.71M975.37M1.01B571.58M552.78M526.53M391.62M340.23M321.59M429.79M334.78M255.33M232.94M407.08M382.29M323.47M335.46M240.08M195.49M191.36M162.32M65.3M41.8M26.7M-12.1M
Common Stock01.36B107K108K108K109K112K112K109K110K111K109K115K113K112K110K103K106K104K105K104K99K103K99K97K100K97K0000
Retained Earnings00-153.66M-285.53M-513.26M-435.23M-357.75M-290.24M-204.29M-636.23M-615.05M-604.32M-761.53M-787.73M-753.98M-619.64M-576.59M-563.86M-435.71M-194.97M-167.4M-30.97M-4.85M-38.41M-67.16M-91.86M-123.13M-14.5M-25.7M-32.5M-34.5M
Treasury Stock0000000000000000000000000000000
Accumulated OCI00-1.26M-1.27M-4.96M-1.45M-81K-92K-10.29M-5.1M-13.51M373K-402K-305K-300K-389K-362K87K869K124K-630K-1.65M-878K201K818K207K-528K-800K-9.3M-6.9M-5.2M
Minority Interest0000000000000000000000000000000

Key Metrics

Growth RegimeDecelerating
ProfitabilityStrong
Balance SheetFortress
Cash FlowRobust
Top Statement Risk

Cyclical semiconductor demand exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Capital Base Stability Amid Transition

As reported in financial statements, Rambus has maintained a remarkably stable total asset base of approximately $1.5 billion over the last five quarters, signaling that the company is successfully managing its transition toward hardware-centric revenue streams without eroding its underlying financial foundation or long-term solvency metrics.

The consistency in total assets suggests that management is effectively balancing R&D-heavy investments with disciplined capital allocation. This stability implies that the firm is not over-leveraging its balance sheet to chase growth, which is a positive indicator for long-term business quality.

Minimal Leverage Enhances Financial Flexibility

Based on the provided balance sheet data, Rambus maintains a negligible debt-to-equity ratio of 0.02%, which, according to recent SEC filings, underscores a fortress-like capital structure that remains largely unencumbered by interest-bearing obligations despite the firm's ongoing expansion into more capital-intensive data center hardware markets.

The minimal debt load provides the company with significant strategic optionality, allowing it to navigate cyclical semiconductor downturns without the pressure of debt service. This lack of leverage suggests that the firm's growth is funded internally, reinforcing the durability of its cash flow profile.

Exceptional Liquidity Buffers Against Volatility

According to quarterly balance sheet figures, Rambus maintains a current ratio that has consistently exceeded 8.0 over the past year, indicating a substantial liquidity buffer that provides the firm with significant protection against potential shocks in the volatile semiconductor supply chain or unexpected shifts in demand.

This high current ratio suggests that the company is well-positioned to meet its short-term obligations without relying on external financing. Investors should monitor whether this excess liquidity is deployed toward strategic M&A or if it remains idle, potentially impacting overall return on invested capital.

Equity Quality Improving Through Profitability

As indicated by the company's reported figures, retained earnings have shown a clear upward trajectory, moving from a deficit of $300.6 million in 2024Q1 to a neutral position by 2026Q1, which suggests that the firm is successfully converting its operational success into tangible shareholder value.

The reversal of the retained earnings deficit is a critical milestone that reflects the cumulative impact of sustained profitability. This trend implies that the business model is maturing, moving away from historical losses toward a more self-sustaining and value-accretive equity profile.

RMBS — Frequently Asked Questions

Quick answers to the most common questions about buying RMBS stock.

What are the total assets of Rambus Inc. (RMBS)?

As of 2025, Rambus Inc. (RMBS) had total assets of $1.53B including $988.8M in current assets.

How much debt does Rambus Inc. (RMBS) have?

Rambus Inc. (RMBS) carries total debt of $43.7M, offset by $761.8M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.

What is the book value or shareholders' equity of Rambus Inc.?

Rambus Inc. (RMBS) has total shareholders' equity (book value) of $1.36B ($12.44 book value per share). Book value represents the net worth of the company belonging to common stock holders.

What is Rambus Inc.'s current ratio and liquidity?

Rambus Inc. (RMBS) reported a current ratio of 8.20x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.