Lumen Technologies Inc (LUMN)
Debt-to-capital 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 464,000 | 342,000 | 466,000 | 504,000 | 417,000 | 2,219,000 | 2,284,000 | 10,995,000 | 10,437,000 | 12,577,000 | 12,219,000 | 12,282,000 | 11,840,000 | 11,183,000 | 11,706,000 | 11,303,000 | 11,162,000 | 13,689,000 | 13,462,000 | 13,291,000 |
| 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 |
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 for Lumen Technologies Inc has been consistently 0.00 across all reported periods from March 31, 2020, to December 31, 2024. A debt-to-capital ratio of 0.00 indicates that the company has no debt or that its debt is negligible compared to its total capital. This suggests that Lumen Technologies Inc has a very low level of financial leverage and relies more on equity financing rather than debt to fund its operations and investments. A low debt-to-capital ratio can be considered favorable as it signifies lower financial risk and greater financial stability for the company. Investors and creditors may view a low debt-to-capital ratio positively as it demonstrates a strong financial position and the ability to meet financial obligations without facing significant challenges related to debt repayment.
Peer comparison
Dec 31, 2024