Lattice Semiconductor Corporation (LSCC)
Solvency ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Financial leverage ratio | 1.19 | 1.22 | 1.64 | 1.76 | 1.77 |
Lattice Semiconductor Corporation's solvency ratios indicate a consistent and strong financial position over the years. The Debt-to-assets ratio has remained at 0.00% across all years, indicating that the company has not relied on debt to finance its assets. This reflects a low level of financial risk and a healthy balance sheet.
Similarly, the Debt-to-capital ratio and Debt-to-equity ratio have also been consistently at 0.00% over the years, confirming that the company's capital structure is not heavily dependent on debt. This suggests that Lattice Semiconductor Corporation has a well-managed and stable financial structure with a minimal debt burden.
The Financial leverage ratio has shown a decreasing trend from 1.77 in 2020 to 1.19 in 2024. This demonstrates a reduction in the company's reliance on debt to finance its operations and investments over the years. A declining financial leverage ratio indicates improved financial stability and lower risk exposure.
Overall, the solvency ratios of Lattice Semiconductor Corporation suggest a prudent financial management strategy and a strong ability to meet its financial obligations without being overly leveraged.
Coverage ratios
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Interest coverage | 15.37 | 104.94 | 44.92 | 36.66 | 14.09 |
The interest coverage ratio for Lattice Semiconductor Corporation has shown a positive trend over the years, indicating the company's ability to meet its interest obligations comfortably.
As of December 31, 2020, the interest coverage ratio stood at 14.09, indicating that the company earned 14 times the amount needed to cover its interest expenses. This ratio improved significantly to 36.66 by December 31, 2021, and continued to strengthen to 44.92 by December 31, 2022.
By December 31, 2023, the interest coverage ratio reached a robust 104.94, reflecting a substantial increase in the company's ability to cover its interest payments. However, there was a decline in the interest coverage ratio to 15.37 by December 31, 2024, which suggests a potential decrease in earnings relative to the interest expenses for that period.
Overall, the upward trend in the interest coverage ratio showcases Lattice Semiconductor Corporation's improving financial health and its capacity to service its debt obligations efficiently. It is essential for stakeholders to monitor future interest coverage ratios to ensure the company can sustain its ability to meet interest payments in the long run.