Lumentum Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Lumentum Holdings has a total shareholder equity of $1.3B and total debt of $2.8B, which brings its debt-to-equity ratio to 220.8%. Its total assets and total liabilities are $4.7B and $3.4B respectively.
Key information
220.8%
Debt to equity ratio
US$2.82b
Debt
Interest coverage ratio | n/a |
Cash | US$1.22b |
Equity | US$1.28b |
Total liabilities | US$3.38b |
Total assets | US$4.66b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LITE *'s short term assets ($2.1B) exceed its short term liabilities ($658.4M).
Long Term Liabilities: LITE *'s short term assets ($2.1B) do not cover its long term liabilities ($2.7B).
Debt to Equity History and Analysis
Debt Level: LITE *'s net debt to equity ratio (125%) is considered high.
Reducing Debt: LITE *'s debt to equity ratio has increased from 53.5% to 220.8% over the past 5 years.
Debt Coverage: LITE *'s debt is not well covered by operating cash flow (2.1%).
Interest Coverage: Insufficient data to determine if LITE *'s interest payments on its debt are well covered by EBIT.