Light & Wonder Inc (LNW)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 5,421,000 | 5,552,000 | 6,009,000 | 7,883,000 | 7,984,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $5,421,000K
= 0.00
Light & Wonder Inc has consistently maintained a debt-to-assets ratio of 0.00 over the past five years, as per the financial data provided. This indicates that the company has not used debt financing to fund its operations and investments during this period. A debt-to-assets ratio of 0.00 suggests that all of the company's assets are funded by its equity, implying a lower financial risk as there are no obligations stemming from debt. While a low debt-to-assets ratio can be seen as a positive indicator of financial stability and lower leverage, it is essential to consider other financial metrics and factors to gain a more comprehensive understanding of the company's overall financial health and performance.
Peer comparison
Dec 31, 2024