Lumen Technologies Inc (LUMN)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 464,000 | 417,000 | 10,437,000 | 11,840,000 | 11,162,000 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $464,000K)
= 0.00
The debt-to-capital ratio of Lumen Technologies Inc has remained consistently at 0.00 from December 31, 2020, through December 31, 2024. This indicates that the company has not utilized debt as a significant source of financing relative to its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company's capital structure is primarily composed of equity, implying a lower financial risk as there is no debt in the capital mix to service. This stability in the debt-to-capital ratio may suggest that Lumen Technologies has been able to finance its operations and investments predominantly through equity or other sources of capital without heavily relying on borrowing.
Peer comparison
Dec 31, 2024