GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » LOLC Holdings PLC (COL:LOLC.N0000) » Definitions » Cash-to-Debt

LOLC Holdings (COL:LOLC.N0000) Cash-to-Debt : 10.70 (As of Dec. 2023)


View and export this data going back to 1982. Start your Free Trial

What is LOLC Holdings 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. LOLC Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.70.

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, LOLC Holdings 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 LOLC Holdings's Cash-to-Debt or its related term are showing as below:

COL:LOLC.N0000' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06   Med: 0.23   Max: 21.29
Current: 10.7

During the past 13 years, LOLC Holdings's highest Cash to Debt Ratio was 21.29. The lowest was 0.06. And the median was 0.23.

COL:LOLC.N0000's Cash-to-Debt is ranked better than
81.75% of 504 companies
in the Credit Services industry
Industry Median: 0.23 vs COL:LOLC.N0000: 10.70

LOLC Holdings Cash-to-Debt Historical Data

The historical data trend for LOLC Holdings'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.

* Premium members only.

LOLC Holdings Cash-to-Debt Chart

LOLC Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.40 15.61 0.35 0.22 0.41

LOLC Holdings 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 Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.22 0.41 5.38 0.22 10.70

Competitive Comparison of LOLC Holdings's Cash-to-Debt

For the Credit Services subindustry, LOLC Holdings'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.


LOLC Holdings's Cash-to-Debt Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, LOLC Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where LOLC Holdings's Cash-to-Debt falls into.



LOLC Holdings 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.

LOLC Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

LOLC Holdings'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.


LOLC Holdings  (COL:LOLC.N0000) 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.


LOLC Holdings Cash-to-Debt Related Terms

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


LOLC Holdings (COL:LOLC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 100/1, Sri Jayewardenepura Mawatha, Rajagiriya, Colombo, LKA, 10290
LOLC Holdings PLC is a non-banking financial institution. The company's operating segment includes Financial services; Long term and general insurance; Manufacturing and trading; Leisure and entertainment; Plantation and Power Generation; Equity accounted investees and others. It generates maximum revenue from the Financial services segment. Geographically, it derives a majority of its revenue from Sri Lanka.

LOLC Holdings (COL:LOLC.N0000) Headlines

No Headlines