Lattice Semiconductor Corporation (LSCC)
Debt-to-capital ratio
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| 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 |
| Debt-to-capital ratio | 0.00 | 0.21 | 0.25 | 0.29 | 0.28 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $0K ÷ ($0K + $692,020K)
= 0.00
The debt-to-capital ratio of Lattice Semiconductor Corporation has exhibited a declining trend over the past five years. From 2019 to 2023, the ratio decreased from 0.28 to 0.00, indicating a significant reduction in the proportion of debt relative to the company's total capital. This decline suggests that Lattice Semiconductor has been effectively managing its debt levels and may be relying more on equity financing or internal funds to support its operations and growth. A lower debt-to-capital ratio generally signifies lower financial risk and greater financial stability for the company, as it indicates less reliance on borrowed funds. Overall, the decreasing trend in the debt-to-capital ratio for Lattice Semiconductor Corporation suggests improving financial health and prudent management of capital structure.
Peer comparison
Dec 31, 2023