Lumentum Holdings Inc. company logo
Lumentum Holdings Inc. logo

Lumentum Holdings Inc. (LITE) Quick Ratio

Annual Quick Ratio

3.181.25-28.22%

Summary

Current Value
As of today, LITE annual quick ratio is 3.18, down -28.22% on
Historical Performance
LITE annual quick ratio is down -21.09% over the past 3 years, and down -51.67% over the past 5 years
All-Time High Comparison
LITE annual quick ratio is currently -51.67% below its historical high of 6.58 set on
3-Year Low Comparison
LITE annual quick ratio is at its 3-year low
Sector Comparison
LITE annual quick ratio is higher than 79.26% of companies in Technology sector

Quick Ratio Chart

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Performance

LITE Performance
MetricDateValue1Y3Y5Y15Y
Annual Quick Ratio3.18-28.2%-21.1%-51.7%
Quarterly Quick Ratio1.02-74.8%-60.5%-84.7%
Price$351.42+312.5%+521.9%+229.8%
Annual Current Assets$1.72B+8.0%-45.3%-16.2%+100.0%
Annual Inventory$470.10M+18.0%+88.0%+148.9%+100.0%
Annual Current Liabilities$392.80M+45.9%-45.2%+38.8%+100.0%
Annual Current Ratio4.37-25.9%-0.2%-39.6%
Annual Debt To Equity2.30-13.9%+123.3%+238.2%
Piotroski F-Score7+133.3%+40.0%0.0%
Altman Z-Score5.19+290.2%+123.7%+14.6%

Quick Ratio Highs

LITE Annual Quick Ratio Highs Comparison
PeriodHighDateCurrent
3Y4.43-28.2%
5Y6.58N/A-51.7%
All6.58-51.7%

Quick Ratio Lows

LITE Annual Quick Ratio Lows Comparison
PeriodLowDateCurrent
3Y3.18at low
5Y3.18at low
All1.31+142.8%

Quick Ratio History

YearValueChange
3.18-28.2%
4.43+18.4%
3.74-7.2%
4.03+19.6%
3.37-48.8%
6.58+76.4%
YearValueChange
3.73-16.7%
4.48+6.4%
4.21+93.1%
2.18+32.1%
1.65-

FAQ

  • What is the current annual quick ratio of LITE?

    As of today, LITE annual quick ratio is 3.18

  • What is 1-year change in LITE annual quick ratio?

    LITE annual quick ratio is down -28.22% year-over-year

  • What is 3-year change in LITE annual quick ratio?

    LITE annual quick ratio is down -21.09% over the past 3 years

  • How far is LITE annual quick ratio from its all-time high?

    LITE annual quick ratio is currently -51.67% below its historical high of 6.58 set on June 27, 2020

  • How does LITE annual quick ratio rank versus sector peers?

    LITE annual quick ratio is higher than 79.26% of companies in Technology sector

  • When is LITE next annual earnings release?

    As of today, the next annual earnings release for LITE has not been scheduled

Quick Ratio Formula

Quick Ratio =  
-

Data Sources & References

  1. LITE Official Website www.lumentum.com
  2. Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/1633978/000162828025049073/0001628280-25-049073-index.htm
  3. Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1633978/000162828025040830/0001628280-25-040830-index.htm
  4. LITE Profile on Yahoo Finance finance.yahoo.com/quote/LITE
  5. LITE Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/lite