Lumen Technologies Inc (LUMN)
Debt-to-assets ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total assets | US$ in thousands | 33,496,000 | 34,018,000 | 45,581,000 | 57,993,000 | 59,394,000 |
| Debt-to-assets ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $33,496,000K
= 0.00
The debt-to-assets ratio for Lumen Technologies Inc has consistently remained at 0.00 for the years 2020, 2021, 2022, 2023, and 2024. This indicates that the company has not used any debt to finance its assets during these periods. A debt-to-assets ratio of 0.00 suggests that the company's assets are fully financed by equity rather than debt. This can be a positive sign for investors and creditors as it signifies a lower financial risk and a stronger financial position for the company. Lumen Technologies Inc's conservative debt management strategy may indicate prudent financial decision-making and a stable capital structure.
Peer comparison
Dec 31, 2024