Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
London City EquitiesASX:LCE 47 Cash-to-Debt is No Debt (1) as of Jun. 2026, which is 100% below its 10-year median of 10,000.00. GuruFocus rates ASX:LCE with a GF Score™ of 47/100 and a GF Value™ of A$4.09 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,419 Asset Management companies, London City Equities ranks better than 99.65% on this metric.
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. London City Equities's cash to debt ratio for the quarter that ended in Jun. 2026 was No Debt (1).
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, London City Equitiescould pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
(1) 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.
The historical rank and industry rank for London City Equities's Cash-to-Debt or its related term are showing as below:
ASX:LCE'
s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, London City Equities's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.
ASX:LCE's Cash-to-Debt is ranked better than 99.65% of 1419
companies
in the Asset Management industry
Industry Median: 6.21
vs ASX:LCE: No Debt
London City Equities (ASX:LCE) 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.
London City Equities Cash-to-Debt Related Terms
London City Equities Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for London City Equities'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.
For the Asset Management subindustry, London City Equities'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.
London City Equities Cash-to-Debt vs Asset Management Industry
For the Asset Management industry and Financial Services sector, London City Equities's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where London City Equities's Cash-to-Debt falls into.
London City Equities's Cash to Debt Ratio for the fiscal year that ended in Jun. 2026 is calculated as:
London City Equities had no debt (1).
London City Equities's Cash to Debt Ratio for the quarter that ended in Jun. 2026 is calculated as:
London City Equities had no debt (1).
* 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.
What does a Cash-to-Debt of No Debt <sup>(1)</sup> mean?
London City Equities (ASX:LCE) has a Cash-to-Debt of No Debt (1) as of Jun. 2026. This is 100% below median its historical median of 10,000.00. Over the past decade, London City Equities' Cash-to-Debt has ranged from 10,000.00 to 10,000.00. According to the industry distribution chart, London City Equities ranks #5 out of 1419 companies in the Asset Management industry, placing it in the top 0.40000000000001%.
Is London City Equities' Cash-to-Debt too high?
London City Equities' current Cash-to-Debt of No Debt (1) is 100% below median its 10-year median of 10,000.00. Over the past 10 years, this metric has ranged from a low of 10,000.00 to a high of 10,000.00. Based on the distribution chart, London City Equities ranks #5 out of 1419 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, London City Equities has a GF Score™ of 47/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does London City Equities' Cash-to-Debt compare to BLK and BX?
According to the Asset Management industry distribution chart, London City Equities ranks #5 out of 1419 companies for Cash-to-Debt. This places London City Equities in the top 0% of its industry — outperforming the majority of peers. The industry median Cash-to-Debt is 6.21. Historically, London City Equities' own Cash-to-Debt has ranged from 10,000.00 to 10,000.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Asset Management company?
The median Cash-to-Debt among Asset Management companies is 6.21, based on 1,419 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt 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-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Asset Management industry, the median Cash-to-Debt is 6.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. London City Equities's current Cash-to-Debt is No Debt (1), which is 100% below median its own 10-year median of 10,000.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is London City Equities stock overvalued right now?
Based on GuruFocus' analysis, London City Equities (ASX:LCE) is currently considered Significantly Undervalued. The stock's GF Value™ is A$4.09, compared to a current price of A$0.85 — trading 79.2% below its estimated fair value. The current Cash-to-Debt is No Debt (1), which is 100% below median its 10-year median of 10,000.00. London City Equities' overall GF Score™ is 47/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For London City Equities (ASX:LCE), the current Cash-to-Debt is No Debt (1) as of Jun. 2026. 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.
Is London City Equities (ASX:LCE) Overvalued in 2026?
Based on GuruFocus' analysis, London City Equities stock appears to be undervalued.
The current stock price of A$0.85 is trading 79.2% below its estimated GF Value™ of A$4.09.
GuruFocus considers London City Equities to be Significantly Undervalued.
Key valuation signals for ASX:LCE:
Cash-to-Debt: No Debt (1) (100% below median its 10-year median of 10,000.00)
GF Value™: A$4.09 vs. price of A$0.85 (79.2% below fair value)
No single metric tells the full story. See the ASX:LCE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
London City Equities Ltd is a holding company engaged in investing in Australian equities with market shares and offering growth. The company focuses on providing shareholders with attractive investment returns over the medium to longer terms by enhancing capital growth and paying dividends that, over time, grow faster than the rate of inflation. Its operating segments are Equity Investment, which is the company's key revenue-generating segment, and Other.
47GF Score
Get the complete analysis for ASX:LCE
Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:LCE has been successfully added to your 
