Light & Wonder Inc (LNW)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $636,000K
= 0.00
The debt-to-equity ratio for Light & Wonder Inc has shown a consistent trend of 0.00 from June 30, 2022, to December 31, 2024. This indicates that the company has either no debt or a minimal amount of debt compared to its equity during this period. A debt-to-equity ratio of 0.00 implies that the company is primarily using equity to finance its operations rather than debt. This can be seen as a positive sign as it signifies lower financial risk and a strong financial position, as the company is not relying heavily on borrowed funds. However, it is important to note that without any debt, the company may be missing out on potential tax benefits and leverage that can be obtained through prudent borrowing.
Peer comparison
Dec 31, 2024