LEAI (Legacy Education Alliance) Cash Ratio: 0.00 (As of Mar. 2024)

What is Legacy Education Alliance Cash Ratio?

Legacy Education Alliance LEAI +20.00% Cash Ratio is 0.00 as of Mar. 2024.

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Legacy Education Alliance's Cash Ratio for the quarter that ended in Mar. 2024 was 0.00.

Legacy Education Alliance has a Cash Ratio of 0.00. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Legacy Education Alliance's Cash Ratio or its related term are showing as below:

LEAI's Cash Ratio is not ranked ^*
in the Education industry.
Industry Median: 0.78
* Ranked among companies with meaningful Cash Ratio only.

Legacy Education Alliance (OTCPK:LEAI) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

Legacy Education Alliance Cash Ratio Related Terms

Legacy Education Alliance Cash Ratio Historical Data

* Premium members only.

The historical data trend for Legacy Education Alliance's Cash Ratio 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.

Legacy Education Alliance Cash Ratio Chart

Legacy Education Alliance Annual Data

Trend

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash Ratio

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0.07

0.05

0.03

0.00

Legacy Education Alliance Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash Ratio	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

LEAI vs TAL, EDU, LRN: Cash Ratio Comparison

For the Education & Training Services subindustry, Legacy Education Alliance's Cash Ratio, along with its competitors' market caps and Cash Ratio 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.

Legacy Education Alliance Cash Ratio vs Education Industry

For the Education industry and Consumer Defensive sector, Legacy Education Alliance's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Legacy Education Alliance's Cash Ratio falls into.

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Legacy Education Alliance Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Legacy Education Alliance's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	0.043	/	26.274
	=	0.00

Legacy Education Alliance's Cash Ratio for the quarter that ended in Mar. 2024 is calculated as:

Cash Ratio (Q: Mar. 2024 )	=	Cash, Cash Equivalents, Marketable Securities	/	Total Current Liabilities
	=	0.091	/	27.108
	=	0.00

Frequently Asked Questions Learn more about Cash Ratio →

What does a Cash Ratio of 0.00 mean?

Legacy Education Alliance (LEAI) has a Cash Ratio of 0.00 as of Mar. 2024. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Legacy Education Alliance and its competitors.

Is Legacy Education Alliance's Cash Ratio too high?

Legacy Education Alliance's current Cash Ratio is 0.00.

How does Legacy Education Alliance's Cash Ratio compare to TAL and EDU?

Legacy Education Alliance's Cash Ratio of 0.00 can be compared against companies in the Education industry. The industry median Cash Ratio is 0.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Cash Ratio for an Education company?

The median Cash Ratio among Education companies is 0.78, based on 259 companies in the industry. Companies in the top quartile (top 25%) have a Cash Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cash Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Cash Ratio mean?

A high Cash Ratio can signal that a stock is expensive relative to its fundamentals. Cashflow ratio is the ratio of Cash, Cash Equivalents, Marketable Securities to current liabilities. View historical data on Legacy Education Alliance and its competitors. For the Education industry, the median Cash Ratio is 0.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legacy Education Alliance's current Cash Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Legacy Education Alliance stock overvalued right now?

Legacy Education Alliance (LEAI) has a current Cash Ratio of 0.00. The current Cash Ratio is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Cash Ratio calculated?

Cash Ratio is calculated from a company's financial statements. For Legacy Education Alliance (LEAI), the current Cash Ratio is 0.00 as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Legacy Education Alliance Business Description

Industry Consumer Defensive Education

Comparable Companies TAL EDU LRN LOPE GHC ATGE LAUR SZSE:002607 SZSE:300364 ADX:ALEFEDT HKSE:09636 STRA SAU:4291 HKSE:01797 PRDO ASX:IEL AFYA OHEL:SANOMA XMAD:PRO KLC

Address 120 N. Main Street, New City, NY, USA, 10956

Website https://www.legacyeducationalliance.com

Legacy Education Alliance Inc is engaged in the provision of educational training seminars, conferences, and services. It offers comprehensive instruction and mentorship in the areas of personal finance, entrepreneurship, real estate investing strategies, and techniques. Some of its brands are Homemade Investor, and Building Wealth with Legacy. Its geographical segments are North America, the United Kingdom, and Other foreign markets, of which the majority of its revenue comes from North America.