Light & Wonder Inc (LNW)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | — | — |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $636,000K
= 0.00
Based on the data provided, the debt-to-equity ratio for Light & Wonder Inc was not available for the years ending December 31, 2020 and December 31, 2021. However, from December 31, 2022 to December 31, 2024, the debt-to-equity ratio was consistently at 0.00.
A debt-to-equity ratio of 0.00 indicates that the company has no debt or a negligible amount of debt relative to its equity. This suggests that the company is primarily financed by equity rather than debt. While low or zero debt can indicate financial stability and lower financial risk, it may also imply limited leveraging for potential growth opportunities. It is important for investors and stakeholders to consider the context of the industry and the company's strategic objectives when interpreting such ratios to fully understand the financial position and risk profile of Light & Wonder Inc.
Peer comparison
Dec 31, 2024