LITE
Price:
$90.75
Market Cap:
$6.23B
Lumentum Holdings Inc. manufactures and sells optical and photonic products in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. The company operates in two segments, Optical Communications (OpComms) and Commercial Lasers (Lasers). The OpComms segment offers components, modules, and subsystems that enable the transmission and transport of video, audio, and data over high-capacity fiber optic cables. It offers tunable transponders, transceivers, and transmitter modules; tunable lasers, receivers, and modulators; transport products, such as reconfigurable optical add/drop multiplexers, amplifiers, and optical channel monitors, as well as components, including 980nm, multi-mo...[Read more]
Industry
Communication Equipment
IPO Date
2015-07-23
Stock Exchange
NASDAQ
Ticker
LITE
According to Lumentum Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.36. This represents a change of 9.48% compared to the average of 4.90 of the last 4 quarters.
The mean historical Current Ratio of Lumentum Holdings Inc. over the last ten years is 4.58. The current 5.36 Current Ratio has changed 11.61% with respect to the historical average. Over the past ten years (40 quarters), LITE's Current Ratio was at its highest in in the September 2020 quarter at 7.38. The Current Ratio was at its lowest in in the December 2014 quarter at 2.21.
Average
4.58
Median
4.46
Minimum
2.55
Maximum
7.24
Discovering the peaks and valleys of Lumentum Holdings Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 79.22%
Maximum Annual Current Ratio = 7.24
Minimum Annual Increase = -49.38%
Minimum Annual Current Ratio = 2.55
Year | Current Ratio | Change |
---|---|---|
2024 | 5.90 | 34.72% |
2023 | 4.38 | 0.04% |
2022 | 4.38 | 19.49% |
2021 | 3.67 | -49.38% |
2020 | 7.24 | 59.79% |
2019 | 4.53 | -13.93% |
2018 | 5.27 | 4.29% |
2017 | 5.05 | 79.22% |
2016 | 2.82 | 10.71% |
2015 | 2.55 | 21.84% |
The current Current Ratio of Lumentum Holdings Inc. (LITE) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
4.89
5-year avg
5.12
10-year avg
4.58
Lumentum Holdings Inc.’s Current Ratio is greater than NETGEAR, Inc. (2.84), less than KVH Industries, Inc. (5.58), greater than TESSCO Technologies Incorporated (1.98), greater than Telesat Corporation (4.36), greater than Juniper Networks, Inc. (1.72), greater than Infinera Corporation (1.58), greater than Extreme Networks, Inc. (0.91), less than Clearfield, Inc. (9.43), greater than Ciena Corporation (4.06), greater than ADTRAN Holdings, Inc. (2.10), greater than Gilat Satellite Networks Ltd. (2.17), less than Hewlett Packard Enterprise Company (0), greater than Motorola Solutions, Inc. (1.29), greater than null (1.25),
Company | Current Ratio | Market cap |
---|---|---|
2.84 | $730.18M | |
5.58 | $114.83M | |
1.98 | $83.30M | |
4.36 | $241.05M | |
1.72 | $12.35B | |
1.58 | $1.56B | |
0.91 | $2.40B | |
9.43 | $476.52M | |
4.06 | $12.21B | |
2.10 | $702.65M | |
2.17 | $343.24M | |
0 | $28.35B | |
1.29 | $78.53B | |
1.25 | $0 |
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