Lumentum Holdings (Lumentum Holdings) Interest Expense : $-38 Mil (TTM As of Dec. 2023)

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What is Lumentum Holdings Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Lumentum Holdings's interest expense for the three months ended in Dec. 2023 was $ -10 Mil. Its interest expense for the trailing twelve months (TTM) ended in Dec. 2023 was $-38 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Lumentum Holdings's Operating Income for the three months ended in Dec. 2023 was $ -99 Mil. Lumentum Holdings's Interest Expense for the three months ended in Dec. 2023 was $ -10 Mil. Lumentum Holdings did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lumentum Holdings Interest Expense Historical Data

The historical data trend for Lumentum Holdings's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Lumentum Holdings Interest Expense Chart

Lumentum Holdings Annual Data

Trend

Jun14

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Jun16

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Jun19

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Jun23

Interest Expense

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-36.30

-61.20

-66.70

-80.20

-35.50

Lumentum Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Interest Expense	Get a 7-Day Free Trial															-8.90	-8.70	-9.40	-9.70	-9.70

Lumentum Holdings Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-38 Mil.

Lumentum Holdings (NAS:LITE) Interest Expense Explanation

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Lumentum Holdings's Interest Expense for the three months ended in Dec. 2023 was $-10 Mil. Its Operating Income for the three months ended in Dec. 2023 was $-99 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Dec. 2023 was $2,555 Mil.

Lumentum Holdings's Interest Coverage for the quarter that ended in Dec. 2023 is calculated as

Lumentum Holdings did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

Lumentum Holdings (Lumentum Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Lumentum Holdings Inc (NAS:LITE) » Definitions » Interest Expense

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Address

1001 Ridder Park Drive, San Jose, CA, USA, 95131

Website

https://www.lumentum.com

Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.

Executives

Julia Suzanne Johnson	director	1001 RIDDER PARK STREET, SAN JOSE CA 95131
Yuen Wupen	officer: See Remarks	2911 ZANKER ROAD, SAN JOSE CA 95134
Wajid Ali	officer: EVP & Chief Financial Officer	400 N MCCARTHY BLVD, MILPITAS CA 95035
Pamela Fletcher	director	C/O COHERENT, INC., 5100 PATRICK HENRY DRIVE, SANTA CLARA CA 95054
Matthew Joseph Sepe	officer: Chief Accounting Officer	400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Brian Lillie	director	1485 BROOKMILL ROAD, LOS ALTOS CA 94024
Alan S Lowe	director, officer: Chief Executive Officer	400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Judy G Hamel	officer: SVP, GC and Secretary	400 MCCARTHY BLVD, MILPITAS CA 95035
Penny Herscher	director	1001 RIDDER PARK DRIVE, SAN JOSE CA 95131
Isaac Hosojiro Harris	director	310 W 113TH ST # 801, NEW YORK NY 10026-3389
Vincent Retort	officer: EVP, Chief Operating Officer	400 MCCARTHY BLVD, MILPITAS CA 95035
Harold L Covert	director	400 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Jason Reinhardt	officer: EVP, Global Sales	400 N. MCCARTHY BLVD, MILPITAS CA 95035
Janet S. Wong	director	2510 LAKE FRONT CIRCLE, THE WOODLANDS TX 77380-1576
Samuel F Thomas	director	400 N MCCARTHY BLVD, MILPITAS CA 95035