Lattice Semiconductor Corporation (LSCC)

Debt-to-assets 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
Long-term debt	US$ in thousands	0	0	43,885	103,819	128,752	148,685	132,159	136,461	140,760	145,057	149,352	153,644	157,934	162,215	166,501	170,791	125,072	139,230	172,287	225,662
Total assets	US$ in thousands	840,894	779,622	759,071	767,629	798,713	758,945	737,128	720,926	726,494	704,839	693,552	687,584	680,067	682,431	676,030	664,205	612,016	593,405	616,659	644,726
Debt-to-assets ratio		0.00	0.00	0.06	0.14	0.16	0.20	0.18	0.19	0.19	0.21	0.22	0.22	0.23	0.24	0.25	0.26	0.20	0.23	0.28	0.35

December 31, 2023 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $0K ÷ $840,894K
= 0.00

The debt-to-assets ratio for Lattice Semiconductor Corporation has shown a fluctuating trend over the past five years, ranging from 0.00 to 0.35 as per the provided data. Initially, the company had a debt-to-assets ratio of 0.00, suggesting no debt on the balance sheet. However, in subsequent periods, the ratio started to increase, indicating an increasing proportion of the company's assets being financed through debt.

From June 2021 to June 2022, the debt-to-assets ratio showed a steady increase from 0.06 to 0.18, indicating a gradual buildup of debt relative to the assets. This trend peaked at 0.35 in the first quarter of 2019, indicating a relatively high level of debt compared to assets at that point in time.

It is essential to note that a higher debt-to-assets ratio may indicate higher financial risk and leverage for the company, as a significant portion of its assets are financed by debt. Conversely, a lower ratio signifies a more conservative financial structure with less reliance on debt for funding operations.

Overall, the trend of the debt-to-assets ratio for Lattice Semiconductor Corporation suggests a shift towards increased debt financing over the analyzed period, highlighting the importance of monitoring the company's leverage and debt management strategies to ensure financial stability and sustainability in the long term.