Lumentum Holdings Inc (LITE)
Quick ratio
| Jun 30, 2025 | Jun 30, 2024 | Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | ||
|---|---|---|---|---|---|---|
| Cash | US$ in thousands | 520,700 | 436,700 | 859,000 | 1,290,200 | 774,300 |
| Short-term investments | US$ in thousands | 356,400 | 450,300 | 1,154,600 | 1,258,800 | 1,171,700 |
| Receivables | US$ in thousands | 250,000 | 194,700 | 246,100 | 262,000 | 212,800 |
| Total current liabilities | US$ in thousands | 392,800 | 269,300 | 633,800 | 716,500 | 664,600 |
| Quick ratio | 2.87 | 4.02 | 3.57 | 3.92 | 3.25 |
June 30, 2025 calculation
Quick ratio = (Cash + Short-term investments + Receivables) ÷ Total current liabilities
= ($520,700K
+ $356,400K
+ $250,000K)
÷ $392,800K
= 2.87
The quick ratio of Lumentum Holdings Inc. has demonstrated fluctuations over the period from June 30, 2021, to June 30, 2025. As of June 30, 2021, the quick ratio stood at 3.25, indicating that the company possessed quick assets amounting to 3.25 times its current liabilities, suggesting strong short-term liquidity. This ratio increased notably to 3.92 by June 30, 2022, reflecting an improvement in liquidity and an increased ability to cover current liabilities with liquid assets.
By June 30, 2023, the ratio slightly decreased to 3.57, although it remained at a high level, implying sustained liquidity strength with a marginal reduction in quick assets relative to current liabilities. The upward trend resumed in June 30, 2024, when the quick ratio rose to 4.02, reinforcing the perception of the company’s robust liquidity position.
However, by June 30, 2025, the ratio declined to 2.87, representing a notable decrease from the previous year. Despite this decline, the ratio still indicates a healthy liquidity buffer, as quick assets continue to cover current liabilities more than two and a half times.
Overall, the company's quick ratio throughout this period has been well above 1, which is generally considered indicative of a strong liquidity position. The fluctuations suggest periodic adjustments in liquid assets or current liabilities, but the ratios consistently reflect that Lumentum Holdings Inc. maintains sufficient liquid assets to meet short-term obligations, although the recent decline warrants monitoring to ensure continued liquidity health.
Peer comparison
Jun 30, 2025