Lucapa Diamond Co (ASX:LOM) Cash-to-Debt : 5.61 (As of Dec. 2023)

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What is Lucapa Diamond Co 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. Lucapa Diamond Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 5.61.

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, Lucapa Diamond Co 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 Lucapa Diamond Co's Cash-to-Debt or its related term are showing as below:

ASX:LOM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.96 Max: No Debt
Current: 5.61

During the past 13 years, Lucapa Diamond Co's highest Cash to Debt Ratio was No Debt. The lowest was 0.08. And the median was 0.96.

ASX:LOM's Cash-to-Debt is ranked worse than
57.02% of 2641 companies
in the Metals & Mining industry
Industry Median: 18.37 vs ASX:LOM: 5.61

Lucapa Diamond Co Cash-to-Debt Historical Data

The historical data trend for Lucapa Diamond Co'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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Lucapa Diamond Co Cash-to-Debt Chart

Lucapa Diamond Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.08

0.17

0.37

1.08

5.61

Lucapa Diamond Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.37	1.60	1.08	2.98	5.61

Competitive Comparison of Lucapa Diamond Co's Cash-to-Debt

For the Other Precious Metals & Mining subindustry, Lucapa Diamond Co'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.

Lucapa Diamond Co's Cash-to-Debt Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lucapa Diamond Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lucapa Diamond Co's Cash-to-Debt falls into.

Lucapa Diamond Co 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.

Lucapa Diamond Co'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)
	=	1.968	/	(0.351	+	0)
	=	5.61

Lucapa Diamond Co'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)
	=	1.968	/	(0.351	+	0)
	=	5.61

Lucapa Diamond Co (ASX:LOM) 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.

Lucapa Diamond Co Cash-to-Debt Related Terms

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

Lucapa Diamond Co (ASX:LOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lucapa Diamond Co Ltd (ASX:LOM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

NHY:Germany

Address

34 Baghot Road, Subiaco, WA, AUS, 6008

Website

https://www.lucapa.com.au

Lucapa Diamond Co Ltd is a company that engages in the exploration, development, and mining of diamond projects. Its projects include Lulo Diamond Project, Mothae Kimberlite Project, Brooking Diamond Project, and Other Projects. The operating segments of the company are Mining, and Exploration and Corporate.

Lucapa Diamond Co (ASX:LOM) Headlines

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