Lattice Semiconductor Corporation (LSCC)
Return on total capital
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 212,270 | 186,258 | 100,364 | 52,158 | 56,796 |
| Long-term debt | US$ in thousands | 0 | 128,752 | 140,760 | 157,934 | 125,072 |
| Total stockholders’ equity | US$ in thousands | 692,020 | 487,163 | 411,633 | 384,427 | 327,659 |
| Return on total capital | 30.67% | 30.24% | 18.17% | 9.62% | 12.55% |
December 31, 2023 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $212,270K ÷ ($0K + $692,020K)
= 30.67%
The return on total capital for Lattice Semiconductor Corporation has shown a positive trend over the past five years, indicating the company's ability to generate value from its capital investments. The ratio has steadily increased from 12.55% in 2019 to 30.67% in 2023, reaching its highest level in the latest period. This improvement suggests that the company has been able to effectively allocate its capital to generate higher returns for its shareholders. Overall, the consistent growth in return on total capital reflects positively on Lattice Semiconductor Corporation's financial performance and efficiency in utilizing its capital resources.
Peer comparison
Dec 31, 2023