LegalZoom.com (LegalZoom.com) Cash-to-Debt

: 25.03 (As of Dec. 2023)

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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. LegalZoom.com's cash to debt ratio for the quarter that ended in Dec. 2023 was 25.03.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, LegalZoom.com could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LZ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.1 Med: 16.77 Max: No Debt
Current: 25.03

During the past 7 years, LegalZoom.com's highest Cash to Debt Ratio was No Debt. The lowest was 0.10. And the median was 16.77.

LZ's Cash-to-Debt is ranked better than
85.21% of 1068 companies
in the Business Services industry
Industry Median: 0.995 vs LZ: 25.03

LegalZoom.com Cash-to-Debt Historical Data

The historical data trend for LegalZoom.com'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.

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LegalZoom.com Annual Data

Trend

Dec10

Dec11

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.10

0.22

No Debt

16.77

25.03

LegalZoom.com Quarterly Data
	Dec11	Mar12	Jun12	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																16.77	19.07	23.41	22.06	25.03

Competitive Comparison

For the Specialty Business Services subindustry, LegalZoom.com'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.

LegalZoom.com Cash-to-Debt Distribution

For the Business Services industry and Industrials sector, LegalZoom.com's Cash-to-Debt distribution charts can be found below:

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

LegalZoom.com 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.

LegalZoom.com's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	225.719	/	(2.052	+	6.966)
	=	25.03

LegalZoom.com's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	225.719	/	(2.052	+	6.966)
	=	25.03

LegalZoom.com (NAS:LZ) 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.

LegalZoom.com Cash-to-Debt Related Terms

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

LegalZoom.com (LegalZoom.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » LegalZoom.com Inc (NAS:LZ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

1LZ:Germany

Address

101 North Brand Boulevard, 11th Floor, Glendale, CA, USA, 91203

Website

https://www.legalzoom.com

LegalZoom.com Inc is an online provider of services that meet the legal needs of small businesses and consumers in the United States.

Executives

Richard Preece	officer: COO and Chief Product Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Nicole Miller	officer: General Counsel	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Lucaszoom Llc	director, 10 percent owner	LUCASZOOM LLC, 3000 SAND HILL ROAD, BUILDING 1, SUITE 1, MENLO PARK CA 94025
Dipan Patel	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Daniel A Wernikoff	director, officer: Chief Executive Officer	C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043
Noel Bertram Watson	officer: Chief Financial Officer	400 1ST AVENUE, C/O TRIPADVISOR, INC., NEEDHAM MA 02494
Shrisha Radhakrishna	officer: Chief Technology Officer	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Neil Tolaney	director	TECHNOLOGY CROSSOVER MANAGEMENT, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Sivan Whiteley	director	1455 MARKET STREET, SUITE 600, SAN FRANCISCO CA 94103
Elizabeth Hamren	director	101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Brian Ruder	director, 10 percent owner	LEGALZOOM.COM, INC., 101 NORTH BRAND BOULEVARD, 11TH FLOOR, GLENDALE CA 91203
Francisco Partners Management, Lp	10 percent owner	ONE LETTERMAN DRIVE, BUILDING C, SUITE 410, SAN FRANCISCO CA 94129
Permira V L.p.2	director, 10 percent owner	TRAFALGAR COURT, LES BANQUES, ST PETER PORT Y7 GY1 6DJ
Christine T Wang	director	ONE LETTERMAN DRIVE, BLDG C, STE 410, SAN FRANCISCO CA 94129
Khai Ha	director	C/O GPI CAPITAL, L.P., 1345 AVENUE OF THE AMERICAS, 32ND FLOOR, NEW YORK NY 10105