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LSI IndustriesFRA:LS2 -1.03%88 Cash-to-Debt is 0.03 as of Mar. 2026, which is 63% below its 10-year median of 0.08. GuruFocus rates FRA:LS2 with a GF Score™ of 88/100 and a GF Value™ of €17.49 (Fairly Valued). The stock has 8 warning signs investors should review. Among 2,490 Hardware companies, LSI Industries ranks worse than 98.51% 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. LSI Industries's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.03.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, LSI Industriescouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for LSI Industries's Cash-to-Debt or its related term are showing as below:
FRA:LS2'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.08 Max: No Debt
Current: 0.03
During the past 13 years, LSI Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.08.
FRA:LS2's Cash-to-Debt is ranked worse than 98.51% of 2490
companies
in the Hardware industry
Industry Median: 1.39
vs FRA:LS2: 0.03
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.
LSI Industries Cash-to-Debt Related Terms
LSI Industries Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for LSI Industries'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.
FRA:LS2 vs DAKT, LPTH, KOPN: Cash-to-Debt Comparison
For the Electronic Components subindustry, LSI Industries'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.
LSI Industries Cash-to-Debt vs Hardware Industry
For the Hardware industry and Technology sector, LSI Industries's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where LSI Industries's Cash-to-Debt falls into.
* 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.
LSI Industries (FRA:LS2) has a Cash-to-Debt of 0.03 as of Mar. 2026. This is 63% below median its historical median of 0.08. Over the past decade, LSI Industries' Cash-to-Debt has ranged from 0.01 to 10,000.00. According to the industry distribution chart, LSI Industries ranks #2453 out of 2490 companies in the Hardware industry, placing it in the top 98.5%.
Is LSI Industries' Cash-to-Debt too high?
LSI Industries' current Cash-to-Debt of 0.03 is 63% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 10,000.00. The Hardware industry median Cash-to-Debt is 1.39. LSI Industries' value of 0.03 is 97.8% below this industry median. Based on the distribution chart, LSI Industries ranks #2453 out of 2490 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, LSI Industries has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does LSI Industries' Cash-to-Debt compare to DAKT and LPTH?
According to the Hardware industry distribution chart, LSI Industries ranks #2453 out of 2490 companies for Cash-to-Debt. This places LSI Industries in the lower half of its industry. The industry median Cash-to-Debt is 1.39. LSI Industries' value of 0.03 is 97.8% below this benchmark. Historically, LSI Industries' own Cash-to-Debt has ranged from 0.01 to 10,000.00 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 1.39, LSI Industries has consistently been below the industry average. 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 a Hardware company?
The median Cash-to-Debt among Hardware companies is 1.39, based on 2,490 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. LSI Industries's current Cash-to-Debt of 0.03 is 97.8% below the industry median. 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 Hardware industry, the median Cash-to-Debt is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LSI Industries's current Cash-to-Debt is 0.03, which is 63% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LSI Industries stock overvalued right now?
Based on GuruFocus' analysis, LSI Industries (FRA:LS2) is currently considered Fairly Valued. The stock's GF Value™ is €17.49, compared to a current price of €19.30 — trading 10.3% above its estimated fair value. The current Cash-to-Debt is 0.03, which is 63% below median its 10-year median of 0.08 and 97.8% below the Hardware industry median of 1.39. LSI Industries' overall GF Score™ is 88/100 with 8 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 LSI Industries (FRA:LS2), the current Cash-to-Debt is 0.03 as of Mar. 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 LSI Industries (FRA:LS2) Overvalued in 2026?
Based on GuruFocus' analysis, LSI Industries stock appears to be overvalued.
The current stock price of €19.30 is trading 10.3% above its estimated GF Value™ of €17.49.
GuruFocus considers LSI Industries to be Fairly Valued.
Key valuation signals for FRA:LS2:
Cash-to-Debt: 0.03 (63% below median its 10-year median of 0.08)
GF Value™: €17.49 vs. price of €19.30 (10.3% above fair value)
Industry Position: 97.8% below the Hardware median (#2453 of 2490)
No single metric tells the full story. See the FRA:LS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Display solutions segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.
88GF Score
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