Lumen Technologies Inc (LUMN)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $464,000K
= 0.00
The debt-to-equity ratio of Lumen Technologies Inc has consistently remained at 0.00 over the five-year period from December 31, 2020, to December 31, 2024. This indicates that the company has not taken on any debt in relation to its equity during this time frame. A low or zero debt-to-equity ratio is generally viewed positively as it signifies that the company is not heavily reliant on debt financing, which can be advantageous in terms of financial stability and risk management. However, it's essential to consider the industry norms and specific circumstances of Lumen Technologies Inc to fully assess the implications of this ratio.
Peer comparison
Dec 31, 2024