Lumentum Holdings Inc (LITE)
Current ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,717,300 | 1,590,100 | 2,777,900 | 3,139,200 | 2,436,800 |
| Total current liabilities | US$ in thousands | 392,800 | 269,300 | 633,800 | 716,500 | 664,600 |
| Current ratio | 4.37 | 5.90 | 4.38 | 4.38 | 3.67 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,717,300K ÷ $392,800K
= 4.37
The analysis of Lumentum Holdings Inc.'s current ratio over the specified period reveals a consistent trend of high liquidity levels. As of June 30, 2021, the current ratio was 3.67, indicating that current assets more than tripled the current liabilities, which suggests a strong liquidity position. This ratio increased significantly in the subsequent year, reaching 4.38 by June 30, 2022, and maintaining the same level through June 30, 2023, reflecting stability in short-term liquidity.
The most notable change occurred between June 30, 2023, and June 30, 2024, when the current ratio rose to 5.90, indicating an even greater cushion of current assets relative to current liabilities, potentially reflecting increased liquidity or changes in asset composition. This elevated ratio suggests the company is well-positioned to meet its short-term obligations, possibly through higher liquid assets or a conservative management approach.
By June 30, 2025, the current ratio slightly declined to 4.37; however, it remained substantially above the generally accepted benchmark of 1.0, reinforcing a robust liquidity stance. Overall, the trend demonstrates a persistent capacity to cover current liabilities comfortably, with fluctuations that indicate strategic adjustments in asset management over the years.
Peer comparison
Jun 30, 2025