Lazydays Holdings (Lazydays Holdings) Cash-to-Debt : 0.07 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Lazydays 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. Lazydays Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.07.

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, Lazydays Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

LAZYW' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.22 Max: No Debt
Current: 0.07

During the past 8 years, Lazydays Holdings's highest Cash to Debt Ratio was No Debt. The lowest was 0.05. And the median was 0.22.

LAZYW's Cash-to-Debt is ranked worse than
88.63% of 1240 companies
in the Vehicles & Parts industry
Industry Median: 0.58 vs LAZYW: 0.07

Lazydays Holdings Cash-to-Debt Historical Data

The historical data trend for Lazydays 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.

Lazydays Holdings Cash-to-Debt Chart

Lazydays Holdings Annual Data

Trend

Nov15

Nov16

Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.14

0.27

0.28

0.13

0.09

Lazydays Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.08	0.05	0.06	0.09	0.07

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

For the Auto & Truck Dealerships subindustry, Lazydays 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.

Lazydays Holdings's Cash-to-Debt Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's Cash-to-Debt distribution charts can be found below:

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

Lazydays 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.

Lazydays Holdings'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)
	=	58.085	/	(455.673	+	224.572)
	=	0.09

Lazydays Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	39.35	/	(376.6	+	212.051)
	=	0.07

Lazydays Holdings (OTCPK:LAZYW) 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.

Lazydays Holdings Cash-to-Debt Related Terms

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

Lazydays Holdings (Lazydays Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Lazydays Holdings Inc (OTCPK:LAZYW) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

GORV:USA 5ZL:Germany

Address

4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610

Website

https://www.lazydays.com

Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.