LHC Group (LHC Group) Cash-to-Debt : 0.02 (As of Dec. 2022)

View and export this data going back to 2005. Start your Free Trial

What is LHC Group Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. LHC Group's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.02.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, LHC Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

The historical rank and industry rank for LHC Group's Cash-to-Debt or its related term are showing as below:

LHCG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.27 Max: No Debt
Current: 0.02

During the past 13 years, LHC Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.27.

LHCG's Cash-to-Debt is not ranked
in the Healthcare Providers & Services industry.
Industry Median: 0.74 vs LHCG: 0.02

LHC Group Cash-to-Debt Historical Data

The historical data trend for LHC Group's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

LHC Group Cash-to-Debt Chart

LHC Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.20

0.09

2.33

0.01

0.02

LHC Group Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial															0.01	0.01	0.03	0.01	0.02

Competitive Comparison of LHC Group's Cash-to-Debt

For the Medical Care Facilities subindustry, LHC Group's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

LHC Group's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, LHC Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where LHC Group's Cash-to-Debt falls into.

LHC Group Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

LHC Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17.911	/	(36.445	+	807.52)
	=	0.02

LHC Group's Cash to Debt Ratio for the quarter that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	17.911	/	(36.445	+	807.52)
	=	0.02

LHC Group (NAS:LHCG) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

LHC Group Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of LHC Group's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

LHC Group (LHC Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » LHC Group Inc (NAS:LHCG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

901 Hugh Wallis Road South, Lafayette, LA, USA, 70508

Website

https://www.lhcgroup.com

LHC Group Inc provides post-acute health care services to patients through its home nursing agencies, community-based services agencies, hospice agencies, and long-term acute care hospitals. The company's home health service locations offer a wide range of services, including skilled nursing, medically-oriented social services and physical, occupational, and speech therapy. Its hospices provide end-of-life care to patients with terminal illnesses through interdisciplinary teams of physicians, nurses, home health aides, counselors, and volunteers. Its other service segments are Home and community based, Facility-based, Hospice and Healthcare Innovations. The company derives most of its revenues from the Home health services.

Executives

Nicholas Iii Gachassin	officer: EVP, General Counsel	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Dale Mackel	other: CFO	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508-2511
Reed W Earl Iii	director	9510 OMSBY SLATION ROAD, STE 300, LOIISVILLE KY 40223
Kimberly S Seymour	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Tricia Nguyen	other: EVP, Chief Medical Officer	1801 KIRA COURT, ARLINGTON TX 76006
Mcquiddy Collin	other: SVP, Chief Accounting Officer	901 HUGH WALLIS ROAD S, LAFAYETTE LA 70508
Donald Dwayne Stelly	officer: Senior Vice President	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
John L Indest	director, officer: COO of Home, Senior V.P.	420 WEST PINHOOK ROAD, SUITE A, LAFAYETTE LA 70503
Ronald T Nixon	director	1375 ENCLAVE PKWY, HOUSTON TX 77077
Keith G Myers	director, 10 percent owner, officer: CEO and President	901 HUGH WALLIS RD S, LAFAYETTE LA 70508
Joshua L. Proffitt	officer: Executive Vice President	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508
Teri G. Fontenot	director	18933 EAST PINNACLE CIRCLE, BATON ROUGE LA 70634
Tyree G Wilburn	director
Jeff Reibel	officer: See Remarks	9510 ORMSBY STATION ROAD, SUITE 300, LOUISVILLE KY 40223
Bruce D Greenstein	officer: Chief Innovation Officer	901 HUGH WALLIS ROAD SOUTH, LAFAYETTE LA 70508