Lattice Semiconductor Corporation (LSCC)

Financial leverage ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Total assets US$ in thousands 843,903 853,661 827,520 815,599 840,894 779,622 759,071 767,629 798,713 758,945 737,128 720,926 726,494 704,839 693,552 687,584 680,067 682,431 676,030 664,205
Total stockholders’ equity US$ in thousands 710,932 703,540 698,849 682,662 692,020 626,170 574,761 514,974 487,163 441,731 435,921 421,555 411,633 392,900 397,315 391,585 384,427 376,893 364,130 342,959
Financial leverage ratio 1.19 1.21 1.18 1.19 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

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $843,903K ÷ $710,932K
= 1.19

The financial leverage ratio of Lattice Semiconductor Corporation has been decreasing steadily over the years, indicating a reduction in the company's reliance on debt to finance its operations. The ratio has declined from 1.94 as of March 31, 2020 to 1.19 as of December 31, 2024. This suggests that the company has been effectively managing its debt levels, which can lower financial risk and enhance financial stability. It is important to note that a lower financial leverage ratio typically indicates a stronger financial position and greater capacity to weather economic downturns. Lattice Semiconductor Corporation's decreasing trend in financial leverage ratio reflects a positive development in its capital structure and overall financial health.