Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Cash-to-Debt : No Debt ⁽¹⁾ (As of Sep. 2022)

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What is Lead Edge Growth Opportunities 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. Lead Edge Growth Opportunities's cash to debt ratio for the quarter that ended in Sep. 2022 was No Debt ⁽¹⁾.

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, Lead Edge Growth Opportunities could pay off its debt using the cash in hand for the quarter that ended in Sep. 2022.

(1) 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.

The historical rank and industry rank for Lead Edge Growth Opportunities's Cash-to-Debt or its related term are showing as below:

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

During the past 2 years, Lead Edge Growth Opportunities's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LEGAU's Cash-to-Debt is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.64 vs LEGAU: No Debt

Lead Edge Growth Opportunities Cash-to-Debt Historical Data

The historical data trend for Lead Edge Growth Opportunities'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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Lead Edge Growth Opportunities Cash-to-Debt Chart

Lead Edge Growth Opportunities Annual Data

Trend

Dec20

Dec21

Cash-to-Debt

N/A

No Debt

Lead Edge Growth Opportunities Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Cash-to-Debt	Get a 7-Day Free Trial			No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Lead Edge Growth Opportunities's Cash-to-Debt

For the Shell Companies subindustry, Lead Edge Growth Opportunities'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.

Lead Edge Growth Opportunities's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lead Edge Growth Opportunities's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lead Edge Growth Opportunities's Cash-to-Debt falls into.

Lead Edge Growth Opportunities 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.

Lead Edge Growth Opportunities's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Lead Edge Growth Opportunities had no debt ⁽¹⁾.

Lead Edge Growth Opportunities's Cash to Debt Ratio for the quarter that ended in Sep. 2022 is calculated as:

Lead Edge Growth Opportunities had no debt ⁽¹⁾.

Lead Edge Growth Opportunities (NAS:LEGAU) 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.

Lead Edge Growth Opportunities Cash-to-Debt Related Terms

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

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Lead Edge Growth Opportunities Ltd (NAS:LEGAU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

96 Spring Street, 5th Floor, New York, NY, USA, 10012

Website

Lead Edge Growth Opportunities Ltd is a blank check company.

Executives

Margaret C Whitman	director	EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Nikhil Ramesh Mehta	director	C/O F5 NETWORKS, INC., 401 ELLIOTT AVE. WEST, SEATTLE WA 98119
Sydney Carey	director	3303 HILLVIEW AVE., PALO ALTO CA 94304
Russell Fradin	director	C/O DYNAMIC SIGNAL, 1111 BAYHILL DRIVE, SUITE 325, SAN BRUNO CA 94066
Lead Edge Spac Management, Llc	10 percent owner	96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Mitchell H. Green	director, officer: Chief Executive Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Brian Neider	officer: Chief Operating Officer	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012
Nimay Mehta	director, officer: President and CFO	C/O LEAD EDGE GROWTH, 96 SPRING STREET, 5TH FLOOR, NEW YORK NY 10012

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Headlines

From GuruFocus

Lead Edge Growth Opportunities, Ltd will redeem its Public Shares

By Business Wire Business Wire • 03-01-2023

Lead Edge Growth Opportunities (Lead Edge Growth Opportunities) Cash-to-Debt : No Debt (1) (As of Sep. 2022)