Luna Innovations Incorporated

NASDAQ LUNA

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Luna Innovations Incorporated Liabilities to Equity Ratio 5 year CAGR for the Trailing 12 Months (TTM) ending September 30, 2023: 22.76%

Luna Innovations Incorporated Liabilities to Equity Ratio 5 year CAGR is 22.76% for the Trailing 12 Months (TTM) ending September 30, 2023, a 442.57% change year over year. The liabilities to equity ratio, also known as the leverage ratio, measures the proportion of a company's total liabilities to its shareholders' equity. It is calculated by dividing the total liabilities by the shareholders' equity. This ratio provides insights into the extent to which a company relies on debt financing compared to equity financing. A higher ratio indicates higher financial leverage, which can amplify both returns and risks for the company's shareholders. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.

Luna Innovations Incorporated Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2022 was 0.60, a -12.05% change year over year.
Luna Innovations Incorporated Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2021 was 0.69, a 139.59% change year over year.
Luna Innovations Incorporated Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2020 was 0.29, a 8.67% change year over year.
Luna Innovations Incorporated Liabilities to Equity Ratio for the Trailing 12 Months (TTM) ending September 30, 2019 was 0.26, a -1.23% change year over year.

NASDAQ: LUNA

Luna Innovations Incorporated

CEO	Mr. Scott A. Graeff
IPO Date	June 2, 2006
Location	United States
Headquarters	301 1st Street, SW, Roanoke, VA, United States, 24011
Employees	337
Sector	Technology
Industry	Scientific & technical instruments

Description

Luna Innovations Incorporated provides fiber optic test, measurement, and control products worldwide. The company offers test and measurement equipment for fiber optic components and sub-assemblies; polarization control products, including components, modules, and instruments to measure, manage, and control polarization and group delay in fiber optic networks; tunable lasers; and single frequency lasers. It also provides ODiSI sensing solution, which provides distributed strain and temperature measurements; distributed temperature sensing system; hyperion sensing products; Terahertz Sensing Systems that provide precise single and multi-layer thickness, density, basis weight, and caliper thickness measurements; and distributed acoustic sensing products. The company primarily markets its fiber optic test, measurement, and control products to telecommunications companies, defense agencies, government system integrators, researchers, original equipment manufacturers, distributors, testing labs, and strategic partners directly, as well as through manufacturer representative organizations, partner and distribution channels, technical sales engineers, value added resellers, and independent sales representatives. Luna Innovations Incorporated was incorporated in 1990 and is headquartered in Roanoke, Virginia.

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