Lumen Technologies Inc (LUMN)
Debt-to-equity ratio
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 19,703,000 | 19,604,000 | 19,754,000 | 19,590,000 | 20,255,000 | 24,914,000 | — | — | 28,635,000 | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 417,000 | 2,219,000 | 2,284,000 | 10,995,000 | 10,374,000 | 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 | 13,470,000 | 13,674,000 | 13,673,000 | 13,524,000 |
| Debt-to-equity ratio | 47.25 | 8.83 | 8.65 | 1.78 | 1.95 | 1.98 | 0.00 | 0.00 | 2.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $19,703,000K ÷ $417,000K
= 47.25
The debt-to-equity ratio of Lumen Technologies Inc has shown significant fluctuations over the past eight quarters. In Q4 2023, the ratio stood at 47.93, indicating a substantial increase from the previous quarter, where it was at 8.97. This surge in the debt-to-equity ratio suggests a higher level of financial leverage, with a larger proportion of the company's financing coming from debt as compared to equity.
Comparing the Q4 2023 ratio to the same period in the previous year (Q4 2022), we observe a notable increase from 1.97 to 47.93. This signifies a considerable rise in the company's reliance on debt to fund its operations and investments.
The trend in the debt-to-equity ratio of Lumen Technologies Inc over the past year reflects a shift towards a more leveraged capital structure. It is important for stakeholders to closely monitor this trend to assess the company's ability to manage its debt levels effectively and sustain its financial health in the long term.
Peer comparison
Dec 31, 2023