Lattice Semiconductor Corporation (LSCC)
Solvency ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 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 |
Based on the solvency ratios of Lattice Semiconductor Corporation, the company appears to have a very strong financial position in terms of its ability to meet its debt obligations.
1. Debt-to-assets ratio: The ratio has consistently remained at 0.00 over the entire period from March 2020 to December 2024. This indicates that the company has no debt in relation to its total assets, signifying a low risk of insolvency.
2. Debt-to-capital ratio: Similar to the debt-to-assets ratio, the debt-to-capital ratio has also remained at 0.00 consistently throughout the period. This suggests that the company is not reliant on debt to finance its operations and investments.
3. Debt-to-equity ratio: The debt-to-equity ratio also remains at 0.00 for the entire period, indicating that the company's equity is sufficient to cover its debts. This implies a strong financial position and less financial risk for investors and creditors.
4. Financial leverage ratio: The financial leverage ratio shows a declining trend from 1.94 in March 2020 to 1.19 in December 2024. A decreasing trend indicates that the company is reducing its reliance on debt to finance its operations, which is a positive signal for solvency.
Overall, the solvency ratios of Lattice Semiconductor Corporation highlight a stable and strong financial position with minimal debt levels and a decreasing dependence on leverage over time. Investors and creditors can be reassured by the company's ability to meet its financial obligations.
Coverage ratios
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Interest coverage | 18.53 | 30.74 | 62.06 | 110.39 | 263.90 | 110.73 | 65.09 | 52.01 | 44.92 | 47.39 | 50.02 | 44.92 | 38.46 | 29.05 | 24.54 | 18.83 | 14.09 | 14.76 | 11.29 | 7.66 |
The interest coverage ratio measures a company's ability to meet its interest obligations on outstanding debt. For Lattice Semiconductor Corporation, the interest coverage ratio has shown a generally improving trend from March 31, 2020, to December 31, 2024. The ratio started at 7.66 in March 2020 and steadily increased to 263.90 by December 31, 2023. This significant improvement indicates that the company's operating earnings are able to cover its interest expenses comfortably.
However, there was a notable decrease in the interest coverage ratio to 110.39 by March 31, 2024, and continued to decline to 18.53 by December 31, 2024. This decline may indicate a potential increase in the company's interest expenses relative to its operating earnings during this period.
It is essential for stakeholders to monitor Lattice Semiconductor Corporation's interest coverage ratio closely to ensure that the company can continue to meet its interest obligations and maintain its financial health in the long term.