Lion Selection Group (ASX:LSX) Cash-to-Debt : 52.91 (As of Jul. 2024)

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What is Lion Selection Group 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. Lion Selection Group's cash to debt ratio for the quarter that ended in Jul. 2024 was 52.91.

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, Lion Selection Group could pay off its debt using the cash in hand for the quarter that ended in Jul. 2024.

The historical rank and industry rank for Lion Selection Group's Cash-to-Debt or its related term are showing as below:

ASX:LSX' s Cash-to-Debt Range Over the Past 10 Years
Min: 52.91 Med: No Debt Max: No Debt
Current: 52.91

During the past 11 years, Lion Selection Group's highest Cash to Debt Ratio was No Debt. The lowest was 52.91. And the median was No Debt.

ASX:LSX's Cash-to-Debt is ranked better than
55.79% of 2581 companies
in the Metals & Mining industry
Industry Median: 18.62 vs ASX:LSX: 52.91

Lion Selection Group Cash-to-Debt Historical Data

The historical data trend for Lion Selection Group'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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Lion Selection Group Cash-to-Debt Chart

Lion Selection Group Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul24

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

53.01

52.91

Lion Selection Group Semi-Annual Data
	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jan24	Jul24
Cash-to-Debt	Get a 7-Day Free Trial															52.46	53.01	59.60	17.13	52.91

Competitive Comparison of Lion Selection Group's Cash-to-Debt

For the Gold subindustry, Lion Selection Group'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.

Lion Selection Group's Cash-to-Debt Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lion Selection Group's Cash-to-Debt falls into.

Lion Selection Group Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Lion Selection Group's Cash to Debt Ratio for the fiscal year that ended in Jul. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11.64	/	(0.097	+	0.123)
	=	52.91

Lion Selection Group's Cash to Debt Ratio for the quarter that ended in Jul. 2024 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	11.64	/	(0.097	+	0.123)
	=	52.91

Lion Selection Group (ASX:LSX) 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.

Lion Selection Group Cash-to-Debt Related Terms

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Lion Selection Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lion Selection Group Ltd (ASX:LSX) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

175 Flinders Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.lionselection.com.au

Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies providing venture capital to carefully selected mining and exploration companies with outstanding management and development projects. Lion invests only in mining and exploration companies and projects with gold and base metal activities in Australia, Africa, Asia and the Americas. Its project includes Pani Gold Project.

Lion Selection Group Headlines

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