Lumentum Holdings Inc (LITE)
Current ratio
| Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 1,717,300 | 1,667,300 | 1,651,400 | 1,636,200 | 1,590,100 | 1,650,000 | 2,062,100 | 2,691,700 | 2,777,900 | 2,463,600 | 2,492,600 | 2,438,400 | 3,139,200 | 3,100,600 | 2,540,100 | 2,423,000 | 2,436,800 | 2,569,800 | 2,266,200 | 2,166,700 |
| Total current liabilities | US$ in thousands | 392,800 | 353,000 | 346,900 | 305,100 | 269,300 | 317,600 | 658,400 | 593,700 | 633,800 | 768,900 | 814,300 | 802,800 | 716,500 | 660,700 | 656,700 | 611,700 | 664,600 | 674,200 | 647,300 | 293,400 |
| Current ratio | 4.37 | 4.72 | 4.76 | 5.36 | 5.90 | 5.20 | 3.13 | 4.53 | 4.38 | 3.20 | 3.06 | 3.04 | 4.38 | 4.69 | 3.87 | 3.96 | 3.67 | 3.81 | 3.50 | 7.38 |
June 30, 2025 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $1,717,300K ÷ $392,800K
= 4.37
The current ratio of Lumentum Holdings Inc. demonstrates significant variability over the specified periods, reflecting changes in the company's short-term liquidity position. At the end of September 2020, the current ratio was notably high at 7.38, indicating a substantial buffer of current assets relative to current liabilities. This elevated figure suggests an exceptionally strong liquidity position at that time, possibly due to a conservative approach toward liquidity management or specific short-term asset accumulations.
Over the subsequent quarters, the current ratio experienced a marked decline, dropping to 3.50 by December 2020, and maintaining relatively stable levels through March and June 2021 at approximately 3.81 and 3.67, respectively. This downward trend continued into 2022, reaching a low of 3.04 in September 2022. Despite this decline, the ratio remained comfortably above the generally acceptable threshold of 1.0, implying ongoing adequate liquidity to meet short-term obligations.
From late 2022 onward, the current ratio exhibited an upward trend, rising to 3.20 in March 2023 and then increasing further to above 4.0 in mid-2023. Notably, in March 2024, the ratio peaked at 5.20, indicating a significant strengthening of liquidity. The ratio continued to grow, reaching a high of 5.90 in June 2024 before experiencing a slight decrease to 5.36 in September 2024. By the end of 2024 and into early 2025, the current ratio aligned within a range of approximately 4.37 to 4.76, suggesting a maintained robust liquidity position.
Overall, the historical data depict an initial period of very high liquidity, which normalized to a more moderate but still strong level of around 3.0 to 4.5 over the subsequent years. The recent upward trend indicates that the company has been increasing its current assets relative to current liabilities, potentially favoring liquidity buffers or short-term asset accumulation. The fluctuations across periods are likely reflective of operational, strategic, or market-driven factors influencing asset management and liabilities management strategies.
Peer comparison
Jun 30, 2025