Light & Wonder Inc (LNW)
Financial leverage ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 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 | 7,809,000 | 7,907,000 | 7,932,000 | 8,837,000 |
| Total stockholders’ equity | US$ in thousands | 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 | -2,108,000 | -2,125,000 | -2,118,000 | -2,423,000 |
| Financial leverage ratio | 7.26 | 6.14 | 5.69 | 5.97 | 6.07 | 5.83 | 7.99 | — | — | — | — | — | — | — | — | — | — | — | — | — |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $5,552,000K ÷ $765,000K
= 7.26
The financial leverage ratio of Light & Wonder Inc has displayed fluctuations over the given periods. The ratio peaked at 7.99 in Q2 2022 before decreasing to 5.83 by Q3 2022. Subsequently, the ratio rose again in a volatile manner, reaching 7.26 in Q4 2023. These variations indicate significant changes in the company's debt levels relative to its equity, suggesting fluctuations in the extent of financial risk and potential impact on the company's solvency and stability. It would be advisable for stakeholders to closely monitor these trends and assess the company's ability to manage its debt effectively.
Peer comparison
Dec 31, 2023