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. Trans-Lux's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.03.
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, Trans-Lux couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.
The historical rank and industry rank for Trans-Lux's Cash-to-Debt or its related term are showing as below:
TNLX'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.42
Current: 0.03
During the past 13 years, Trans-Lux's highest Cash to Debt Ratio was 0.42. The lowest was 0.01. And the median was 0.14.
Trans-Lux Cash-to-Debt Historical Data
The historical data trend for Trans-Lux'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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Trans-Lux Annual Data
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|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
0.16 |
0.01 |
0.11 |
0.01 |
0.03 |
|
Trans-Lux Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.01 |
0.01 |
0.03 |
- |
0.03 |
Competitive Comparison
For the Electronic Components subindustry, Trans-Lux'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.
Trans-Lux Cash-to-Debt Distribution
For the Hardware industry and Technology sector, Trans-Lux's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Trans-Lux's Cash-to-Debt falls into.
Trans-Lux 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.
Trans-Lux's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
Trans-Lux's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
* 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.
Trans-Lux (Trans-Lux) Business Description
Traded in Other Exchanges
N/A
Address
254 West 31st Street, 12th Floor, New York, NY, USA, 10001
Trans-Lux Corp is engaged in the design, manufacture, market, and services of light-emitting diode display and lighting solutions. The company operates through two segments, namely Digital product sales and Digital product lease and maintenance. Its Digital product sales segment is involved in the sale of equipment. The Digital product lease and maintenance segment is comprised of the lease and maintenance of equipment. Digital product sales contribute to the majority of the revenue. It serves various sectors such as sports arenas and stadiums, financial institutions, educational institutions, advertising, corporate and government communication centers, retail outlets, and others. The company conducts its business operations in the United States and Canada.
Executives
| Durkin Thomas E Iii |
officer: EVP & General Counsel |
|
| Yantao Yu |
director |
C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Nicholas J Fazio |
director, 10 percent owner |
C/O TRANS-LUX CORPORATION, 135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Unilumin North America, Inc. |
10 percent owner |
C/O UNILUMIN LED TECHNOLOGY FL LLC, 254 WEST 31ST STREET, NEW YORK NY 10001 |
| Trans Lux Corp |
officer: Vice President |
135 EAST 57TH STREET, 14TH FLOOR, NEW YORK NY 10022 |
| Todd Dupee |
officer: Vice President |
216 EAST 36TH ST, APT 2R, NEW YORK NY 10016 |
| George W Schiele |
director |
19 HILL ROAD, GREENWICH CT 06830 |
| David Pavlik |
officer: President of TL Energy |
3301 N HAMILTON AVE, CHICAGO IL 60618 |
| Marco M Elser |
director |
VIA SISTINA 121, ROME L6 00187 |
| Ryan J. Morris |
director |
531 E. STATE ST., ITHACA NY 14850 |
| Yaozhong Shi |
director |
950 THIRD AVENUE, SUITE 2804, NEW YORK NY 10022 |
| David Joseph Osher |
officer: Chief Operating Officer |
950 THIRD AVE SUITE 2804, NEW YORK NY 10022 |
| Robert J Conologue |
officer: Chief Financial Officer |
216 LEROY AVENUE, DARIEN CT 06820 |
| Alberto Shaio |
director |
|
| Alan K Greene |
director |
|
Trans-Lux (Trans-Lux) Headlines
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