Lantheus Holdings Inc (LNTH)

Debt-to-assets ratio

		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	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Long-term debt	US$ in thousands	—	—	—	—	557,712	—	—	—	163,121	—	—	171,474	197,699	204,669	210,010	181,488	183,927	186,373	188,706	263,293
Total assets	US$ in thousands	1,651,150	1,521,610	1,337,720	1,349,280	1,321,260	1,095,940	1,013,820	933,166	863,784	847,816	857,802	843,448	869,821	879,594	879,695	404,125	405,919	402,409	390,250	443,908
Debt-to-assets ratio		0.00	0.00	0.00	0.00	0.42	0.00	0.00	0.00	0.19	0.00	0.00	0.20	0.23	0.23	0.24	0.45	0.45	0.46	0.48	0.59

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $1,651,150K
= 0.00

The debt-to-assets ratio of Lantheus Holdings Inc has fluctuated over the past eight quarters, ranging from 0.15 to 0.42. A higher ratio indicates a higher proportion of the company's assets are financed by debt.

In the most recent quarter, Q4 2023, the debt-to-assets ratio was 0.34, showing a decrease from the previous quarter. This implies that the company relied less on debt to fund its assets compared to the preceding period.

However, when looking at a longer trend, the ratio has been relatively stable over the past few quarters, hovering around 0.42. This suggests that Lantheus Holdings Inc's capital structure has maintained a consistent level of debt relative to its assets.

Overall, the debt-to-assets ratio provides insight into the company's leverage and risk exposure. Lantheus Holdings Inc appears to have a moderate level of debt relative to its total assets, indicating a balanced approach to financing its operations.