Light & Wonder Inc (LNW)
Debt-to-assets ratio
| 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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total assets | US$ in thousands | 5,421,000 | 5,596,000 | 5,538,000 | 5,588,000 | 5,552,000 | 5,887,000 | 5,962,000 | 6,022,000 | 6,009,000 | 6,246,000 | 6,481,000 | 7,952,000 | 7,883,000 | 7,850,000 | 7,762,000 | 7,856,000 | 7,984,000 | 8,102,000 | 7,844,000 | 7,458,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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
Based on the data provided, Light & Wonder Inc's debt-to-assets ratio has consistently been 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not used any debt to finance its assets during this period. A debt-to-assets ratio of 0.00 means that the company's assets are entirely financed by equity, which may suggest a conservative capital structure and lower financial risk. While a low debt-to-assets ratio can be favorable in terms of financial stability, it could also imply missed opportunities for leveraging debt to potentially enhance returns. Overall, with a consistent ratio of 0.00 over the years, Light & Wonder Inc appears to have a strong financial position with a low reliance on debt for funding its assets.
Peer comparison
Dec 31, 2024