Dollar Amounts
USD (Millions)
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Assets | N/A | $680 | $799 | $841 | $844 |
| Liabilities | N/A | $296 | $312 | $149 | $133 |
| Equity | N/A | $384 | $487 | $692 | $711 |
Balance sheet data in USD (millions)
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Edwyn
Over the past five years, Lattice Semiconductor Corp has shown consistent growth in its financial position. Total assets have steadily increased from $680.067 million in 2021 to $843.903 million in 2024, indicating the company's expansion and investment in its operations. This growth in assets is primarily driven by an increase in stockholders' equity, which has grown significantly from $384.427 million in 2021 to $710.932 million in 2024. Moreover, there has been a noticeable decrease in total liabilities over the period, dropping from $295.64 million in 2021 to $132.971 million in 2024. This reduction in liabilities suggests that the company has effectively managed its debt levels and improved its financial stability. The substantial increase in stockholders' equity coupled with the decrease in liabilities indicates a strong financial position for Lattice Semiconductor Corp, allowing it to reinvest in its business and pursue growth opportunities. These trends reflect positively on the company's performance and may indicate a competitive advantage within the semiconductor industry.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.