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
Is Lumentum Holdings (NASDAQ:LITE) A Risky Investment?
Mar 04
Is Lumentum Holdings (NASDAQ:LITE) Using Too Much Debt?
Oct 26These 4 Measures Indicate That Lumentum Holdings (NASDAQ:LITE) Is Using Debt Reasonably Well
Jul 20Here's Why Lumentum Holdings (NASDAQ:LITE) Can Manage Its Debt Responsibly
Mar 13Lumentum Holdings (NASDAQ:LITE) Has A Pretty Healthy Balance Sheet
Nov 30Lumentum Holdings (NASDAQ:LITE) Seems To Use Debt Quite Sensibly
Aug 12Recent updates
Is Lumentum Holdings (NASDAQ:LITE) A Risky Investment?
Mar 04Lumentum Holdings: Positive Growth Outlook Despite Inventory Situation
Feb 21Should You Investigate Lumentum Holdings Inc. (NASDAQ:LITE) At US$49.59?
Feb 15Some Confidence Is Lacking In Lumentum Holdings Inc.'s (NASDAQ:LITE) P/S
Jan 25Are Investors Undervaluing Lumentum Holdings Inc. (NASDAQ:LITE) By 36%?
Jan 04Lumentum Holdings Inc.'s (NASDAQ:LITE) CEO Might Not Expect Shareholders To Be So Generous This Year
Nov 11Is Lumentum Holdings (NASDAQ:LITE) Using Too Much Debt?
Oct 26Lumentum Holdings Inc. (NASDAQ:LITE) Shares Could Be 21% Below Their Intrinsic Value Estimate
Oct 05These 4 Measures Indicate That Lumentum Holdings (NASDAQ:LITE) Is Using Debt Reasonably Well
Jul 20Is There Now An Opportunity In Lumentum Holdings Inc. (NASDAQ:LITE)?
Jun 28Lumentum Holdings Inc.'s (NASDAQ:LITE) Intrinsic Value Is Potentially 50% Above Its Share Price
Jun 07Analysts Just Slashed Their Lumentum Holdings Inc. (NASDAQ:LITE) Earnings Forecasts
May 12Here's Why Lumentum Holdings (NASDAQ:LITE) Can Manage Its Debt Responsibly
Mar 13What Does Lumentum Holdings Inc.'s (NASDAQ:LITE) Share Price Indicate?
Feb 19Is Lumentum Holdings Inc. (NASDAQ:LITE) Trading At A 20% Discount?
Jan 15Lumentum Holdings (NASDAQ:LITE) Has A Pretty Healthy Balance Sheet
Nov 30Is Now The Time To Look At Buying Lumentum Holdings Inc. (NASDAQ:LITE)?
Nov 01Lumentum Holdings expands in Slovenia
Oct 10Lumentum Holdings Inc. (NASDAQ:LITE) Shares Could Be 49% Below Their Intrinsic Value Estimate
Sep 14Lumentum Holdings: A Niche Player In The Electronics Space
Aug 24Lumentum acquires telecom transmission lines of IPG Photonics
Aug 15Lumentum Holdings (NASDAQ:LITE) Seems To Use Debt Quite Sensibly
Aug 12At US$85.02, Is Lumentum Holdings Inc. (NASDAQ:LITE) Worth Looking At Closely?
Jul 25Lumentum: Even With Some Risks, FCF Will Likely Push The Price Up
Jul 19Lumentum: Because Lasers Have A Bright Future
May 27We Think Lumentum Holdings (NASDAQ:LITE) Can Stay On Top Of Its Debt
May 13At US$84.46, Is It Time To Put Lumentum Holdings Inc. (NASDAQ:LITE) On Your Watch List?
Apr 25Is Now The Time To Put Lumentum Holdings (NASDAQ:LITE) On Your Watchlist?
Apr 11Lumentum Holdings Inc. (NASDAQ:LITE) Shares Could Be 46% Below Their Intrinsic Value Estimate
Mar 15Lumentum Seeing Painful Supply Shortages, But Underlying Demand Is Strong
Feb 23Here's Why Lumentum Holdings (NASDAQ:LITE) Can Manage Its Debt Responsibly
Feb 06When Should You Buy Lumentum Holdings Inc. (NASDAQ:LITE)?
Jan 24Financial 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.