Lattice Semiconductor Corporation (LSCC)

The solvency ratios of Lattice Semiconductor Corporation indicate a strong financial position over the past five years.

The debt-to-assets ratio has steadily decreased from 0.23 in 2020 to 0.00 in 2023, reflecting that the company's total debt relative to its total assets has been effectively managed and reduced to zero by 2023.

Similarly, the debt-to-capital ratio has shown a declining trend, decreasing from 0.29 in 2020 to 0.00 in 2023. This ratio indicates the proportion of a company's capital that is funded by debt, and the decreasing trend suggests that the company has been relying less on debt to finance its operations.

The debt-to-equity ratio has also demonstrated a consistent decrease over the period, declining from 0.41 in 2020 to 0.00 in 2023. This ratio reflects the company's leverage and financial risk, and the decreasing trend indicates a lower level of financial risk as the company has reduced its debt relative to equity.

Furthermore, the financial leverage ratio has shown a declining trend from 1.87 in 2019 to 1.22 in 2023. This ratio measures the company's financial leverage and indicates how much debt the company has relative to its equity. The decreasing trend suggests that Lattice Semiconductor has been able to strengthen its financial position by reducing its reliance on debt funding.

Overall, the solvency ratios paint a positive picture of Lattice Semiconductor's financial health, showing a prudent management of debt and an improvement in financial leverage over the years, which may enhance the company's ability to weather economic uncertainties and meet its financial obligations.

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Coverage ratios

The interest coverage ratio of Lattice Semiconductor Corporation has shown a consistent upward trend over the past five years, indicating improving financial health and ability to meet its interest obligations. The ratio has increased significantly from 4.84 in 2019 to 71.54 in 2023, reflecting a substantial enhancement in the company's ability to cover its interest expenses with its operating income.

This positive trend suggests that the company has been generating more than enough operating income to cover its interest payments, signifying lower financial risk and a higher level of financial stability. Lattice Semiconductor Corporation's strong interest coverage ratio in 2023 of 71.54 indicates a healthy financial position and implies that the company has sufficient earnings to comfortably service its debt obligations.