Lumentum Holdings Inc.

Lumentum Holdings Inc.verified

LITE

Price:

$69.62

Market Cap:

$4.73B

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

The Current Ratio as of October 2024 (TTM) for Lumentum Holdings Inc. (LITE) is 5.90

According to Lumentum Holdings Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 5.90. This represents a change of 25.86% compared to the average of 4.69 of the last 4 quarters.

Lumentum Holdings Inc. (LITE) Historical Current Ratio (quarterly & annually)

How has LITE Current Ratio performed in the past?

The mean historical Current Ratio of Lumentum Holdings Inc. over the last ten years is 4.58. The current 5.90 Current Ratio has changed 12.79% 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 September 2014 quarter at 0.

Quarterly (TTM)
Annual

Average

4.58

Median

4.46

Minimum

2.55

Maximum

7.24

Lumentum Holdings Inc. (LITE) Current Ratio by Quarter and Year

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

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.9034.72%
20234.380.04%
20224.3819.49%
20213.67-49.38%
20207.2459.79%
20194.53-13.93%
20185.274.29%
20175.0579.22%
20162.8210.71%
20152.5521.84%

Lumentum Holdings Inc. (LITE) Average Current Ratio

How has LITE Current Ratio performed in the past?

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. (LITE) Current Ratio vs. Peers

How is LITE’s Current Ratio compared to its peers?

Lumentum Holdings Inc.’s Current Ratio is greater than NETGEAR, Inc. (2.60), greater than KVH Industries, Inc. (4.72), greater than TESSCO Technologies Incorporated (1.98), less than Telesat Corporation (6.13), greater than Juniper Networks, Inc. (1.69), greater than Infinera Corporation (1.57), greater than Extreme Networks, Inc. (0.90), less than Clearfield, Inc. (8.38), greater than Ciena Corporation (4.04), greater than ADTRAN Holdings, Inc. (2.31), greater than Gilat Satellite Networks Ltd. (2.14), less than Hewlett Packard Enterprise Company (0), greater than Motorola Solutions, Inc. (0.94), greater than null (1.19),

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