Lumen Technologies Inc (LUMN)

Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $464,000K
= 0.00

Lumen Technologies Inc has consistently maintained a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This signifies that the company has no debt in relation to its equity during these periods. Such a low debt-to-equity ratio indicates that Lumen Technologies relies more on equity financing rather than debt financing to support its operations and growth. This conservative approach to capital structure may suggest a lower financial risk and potential stability for the company, as it is not heavily leveraged with debt. Additionally, a consistent debt-to-equity ratio of 0.00 could reflect well on Lumen's ability to manage its financial obligations effectively without resorting to debt financing.