Light & Wonder Inc (LNW)
Debt-to-capital 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 stockholders’ equity | US$ in thousands | 636,000 | 858,000 | 786,000 | 835,000 | 765,000 | 959,000 | 1,048,000 | 1,008,000 | 990,000 | 1,071,000 | 811,000 | -2,289,000 | -2,256,000 | -2,335,000 | -2,509,000 | -2,656,000 | -2,653,000 | -2,541,000 | -2,479,000 | -2,358,000 |
| Debt-to-capital ratio | 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-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $636,000K)
= 0.00
The debt-to-capital ratio of Light & Wonder Inc has shown a consistent trend of decreasing from March 31, 2022, to December 31, 2024. The ratio was 0.00 as of June 30, 2022, and continued to remain at 0.00 for subsequent quarters.
A debt-to-capital ratio of 0.00 indicates that the company has zero debt relative to its total capital, which consists of both debt and equity. This suggests that Light & Wonder Inc is not relying on debt financing to fund its operations, and instead, has a capital structure primarily composed of equity.
A declining debt-to-capital ratio typically reflects a reduced financial risk for the company, as it indicates lower reliance on debt to finance its operations. However, it is essential to consider the overall financial health and performance of the company in conjunction with this ratio to assess its stability and growth prospects accurately.
Peer comparison
Dec 31, 2024