Lumentum Holdings Inc (LITE)
43.52
-0.24
(-0.55%)
USD |
NASDAQ |
May 01, 16:00
43.57
+0.05
(+0.11%)
After-Hours: 20:00
Lumentum Holdings Debt to Equity Ratio: 2.208 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.208 |
| September 30, 2023 | 2.149 |
| June 30, 2023 | 2.074 |
| March 31, 2023 | 1.513 |
| December 31, 2022 | 1.504 |
| September 30, 2022 | 1.520 |
| June 30, 2022 | 1.000 |
| March 31, 2022 | 0.9695 |
| December 31, 2021 | 0.5991 |
| September 30, 2021 | 0.6066 |
| June 30, 2021 | 0.5984 |
| March 31, 2021 | 0.5377 |
| December 31, 2020 | 0.5981 |
| September 30, 2020 | 0.6248 |
| June 30, 2020 | 0.6405 |
| March 31, 2020 | 0.6378 |
| December 31, 2019 | 0.6494 |
| September 30, 2019 | 0.5417 |
| June 30, 2019 | 0.5617 |
| March 31, 2019 | 0.5568 |
| Date | Value |
|---|---|
| December 31, 2018 | 0.5345 |
| September 30, 2018 | 0.3321 |
| June 30, 2018 | 0.3474 |
| March 31, 2018 | 0.3616 |
| December 31, 2017 | 0.3618 |
| September 30, 2017 | 0.4751 |
| June 30, 2017 | 0.485 |
| March 31, 2017 | 0.6213 |
| December 31, 2016 | 0.00 |
| September 30, 2016 | 0.00 |
| June 30, 2016 | 0.00 |
| March 31, 2016 | 0.00 |
| December 31, 2015 | 0.00 |
| September 30, 2015 | 0.00 |
| June 30, 2015 | 0.00 |
| March 31, 2015 | 0.00 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | |
| June 30, 2014 | 0.00 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.5377
Minimum
Mar 2021
2.208
Maximum
Dec 2023
1.028
Average
0.6405
Median
Jun 2020
Debt to Equity Ratio Benchmarks
| Key Tronic Corp | 0.9099 |
| Qualcomm Inc | 0.6714 |
| Synaptics Inc | 0.7987 |
| Red Cat Holdings Inc | 0.0182 |
| Rigetti Computing Inc | 0.2013 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 4.656B |
| Total Liabilities (Quarterly) | 3.378B |
| Shareholders Equity (Quarterly) | 1.278B |
| Current Ratio | 3.132 |
| Net Debt Paydown Yield | -2.84% |