Light & Wonder Inc (LNW)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 636,000 | 765,000 | 990,000 | -2,256,000 | -2,653,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | — | — |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $636,000K)
= 0.00
The debt-to-capital ratio for Light & Wonder Inc as per the provided data is as follows:
- As of December 31, 2020: Not available (denoted as "—").
- As of December 31, 2021: Not available (denoted as "—").
- As of December 31, 2022: 0.00
- As of December 31, 2023: 0.00
- As of December 31, 2024: 0.00
The debt-to-capital ratio measures the proportion of a company's capital structure that is financed by debt. A ratio of 0.00 indicates that Light & Wonder Inc has not utilized debt to finance its operations relative to its capital. This suggests that the company relies more on equity financing, which can be viewed positively by investors and creditors as it signifies lower financial risk and less financial leverage.
Overall, the consistent ratio of 0.00 from 2022 to 2024 indicates that Light & Wonder Inc has a conservative approach to debt financing and potentially has a strong financial position with lower financial risk.
Peer comparison
Dec 31, 2024