Is it safe?
Can LITE take a bad year?
Lumentum carries $496M of net debt at 0.76× EBITDA: a load its earnings can carry.
$496M
Net debt · as at Q4 2026 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 0.76×
Net debt / EBITDA
- Altman Z-score
- 12.06
Altman Z-score · safe zone, above 3
- Interest cover
- 24.1×
Interest cover · operating profit covers the interest bill several times over
Details›
- Total debtQ4 2026
- $3.23B
- Cash and short-term investments
- $2.74B
- Net debt
- $496M
- EBITDA, trailing twelve months
- $654M
- Operating profit, trailing twelve months
- $525M
- Debt / equity
- 0.70×
- Total debt / EBITDA
- 4.95×
- Annualised volatilitytwo years of daily moves
- 82%
- Worst drawdown on file
- −67%
- Below its 52-week high
- −10%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Communication Equipment
Ranks #11 of 21 by Smart Score