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