Lattice Semiconductor Corporation (LSCC)

Debt-to-equity 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 stockholders’ equity	US$ in thousands	692,020	626,170	574,761	514,974	487,163	441,731	435,921	421,555	411,633	392,900	397,315	391,585	384,427	376,893	364,130	342,959	327,659	309,645	295,177	281,155
Debt-to-equity ratio		0.00	0.00	0.08	0.20	0.26	0.34	0.30	0.32	0.34	0.37	0.38	0.39	0.41	0.43	0.46	0.50	0.38	0.45	0.58	0.80

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $0K ÷ $692,020K
= 0.00

Lattice Semiconductor Corporation's debt-to-equity ratio has been fluctuating over the past few years. The ratio is a measure of the company's financial leverage and indicates the proportion of debt used to finance its operations compared to equity.

From December 2019 to June 2021, the debt-to-equity ratio showed an increasing trend, reaching its peak at 0.39 in March 2021 and 0.58 in June 2021. This indicates that the company was relying more on debt financing during this period.

However, from September 2021 to December 2023, the ratio started declining, indicating a reduction in the relative reliance on debt for financing. The ratio reached its lowest level of 0.00 in December 2023 and September 2023.

A debt-to-equity ratio of 0.00 signifies that there is no debt used to finance the company's operations, implying a strong equity position. It is crucial to consider other financial metrics and industry benchmarks to gain a holistic understanding of Lattice Semiconductor Corporation's financial health and capital structure.