Lumentum Holdings Financial Health
How is Lumentum Holdings's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LITE's short term assets ($2.4B) exceed its short term liabilities ($802.8M).
Long Term Liabilities: LITE's short term assets ($2.4B) exceed its long term liabilities ($2.1B).
Debt to Equity History and Analysis
Debt Level: LITE's net debt to equity ratio (45.5%) is considered high.
Reducing Debt: LITE's debt to equity ratio has increased from 44.3% to 152% over the past 5 years.
Debt Coverage: LITE's debt is not well covered by operating cash flow (18%).
Interest Coverage: LITE's interest payments on its debt are well covered by EBIT (3.9x coverage).