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.