Lattice Semiconductor Corporation (LSCC)

Financial leverage 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
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
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
Financial leverage ratio 1.22 1.25 1.32 1.49 1.64 1.72 1.69 1.71 1.76 1.79 1.75 1.76 1.77 1.81 1.86 1.94 1.87 1.92 2.09 2.29

December 31, 2023 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $840,894K ÷ $692,020K
= 1.22

The financial leverage ratio of Lattice Semiconductor Corporation has exhibited some fluctuations over the past few years. The ratio indicates the proportion of the company's total assets that are financed by debt, with higher values suggesting higher debt levels relative to assets.

Analyzing the trend in the financial leverage ratio reveals an increase over the periods from December 2019 to March 2020, reaching its peak of 2.29 in March 2020. This may indicate a significant rise in debt compared to assets during this period. Subsequently, there was a declining trend in the ratio from March 2020 to December 2020, which suggests a reduction in the reliance on debt financing or an increase in asset base during that time.

From December 2020 to March 2023, the financial leverage ratio of Lattice Semiconductor Corporation fluctuated within a range between 1.22 and 1.94. The ratio experienced some volatility during this period, perhaps reflecting changes in the company's capital structure, debt repayment, or asset investments.

Overall, the financial leverage ratio of Lattice Semiconductor Corporation has shown variability, indicating fluctuations in the mix of debt and equity financing used to support the company's operations and growth. It is essential for the company to carefully manage its debt levels to maintain a healthy balance sheet and financial stability.