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Lumentum Holdings Inc. LITE Gain (loss) on disposal of assets

Gain (loss) on disposal of assets at other companies

Lightwave Logic, Inc. logo
Lightwave Logic, Inc.LWLG
$28.8K+810%
Lumen Technologies logo
Lumen TechnologiesLUMN
$596M

Other financials

Income statement

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Revenue$808.4M+90.1%
Gross profit$376.3M+166%
Operating income$174.5M+563%
Net income$144.2M+427%
EPS (diluted)$1.50+334%

Balance sheet

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Cash & equivalents$517.7M+45.8%
Total debt$6.6B+150%
Total equity$3.0B+238%
Total assets$7.0B+76.8%

Cash flow

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Operating cash flow$203.8M
CapEx$124.7M+98.6%
Free cash flow$79.1M+223%

Valuation

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Market cap$67.06B+978%
Enterprise value$73.1B+761%
P/E152.5×
P/S27×+22.7×

Profitability

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Gross margin40.8%+11.2pp
Operating margin9.5%+5.7pp
Net margin17.7%+10.9pp
FCF margin4.2%

Returns & leverage

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Return on equity22.8%+13.8pp
Debt / equity2.2×-0.8×
Current ratio1.1×-3.6×

Questions, answered.

What does gain (loss) on disposal of assets mean?
Gains or losses recognized on the disposal of businesses, property, equipment, investments, or other assets at prices above or below their carrying value.