Ledyard Financial Group (Ledyard Financial Group) Cash-to-Debt : 0.00 (As of Mar. 2024)

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

What is Ledyard Financial 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. Ledyard Financial Group's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

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, Ledyard Financial Group 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 Ledyard Financial Group's Cash-to-Debt or its related term are showing as below:

During the past 13 years, Ledyard Financial Group's highest Cash to Debt Ratio was 7.25. The lowest was 0.00. And the median was 0.88.

LFGP's Cash-to-Debt is not ranked ^*
in the Banks industry.
Industry Median: 1.29
* Ranked among companies with meaningful Cash-to-Debt only.

Ledyard Financial Group Cash-to-Debt Historical Data

The historical data trend for Ledyard Financial 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.

* Premium members only.

Ledyard Financial Group Cash-to-Debt Chart

Ledyard Financial Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.18

7.25

3.19

0.16

0.21

Ledyard Financial Group Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															N/A	-	-	0.21	-

Competitive Comparison of Ledyard Financial Group's Cash-to-Debt

For the Banks - Regional subindustry, Ledyard Financial 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.

Ledyard Financial Group's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Ledyard Financial Group's Cash-to-Debt distribution charts can be found below:

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

Ledyard Financial 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.

Ledyard Financial Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	27.136	/	(0	+	129.538)
	=	0.21

Ledyard Financial Group's Cash to Debt Ratio for the quarter that ended in Mar. 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)
	=	0	/	(0	+	50.452)
	=	0.00

Ledyard Financial Group (OTCPK:LFGP) 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.

Ledyard Financial Group Cash-to-Debt Related Terms

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

Ledyard Financial Group (Ledyard Financial Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Ledyard Financial Group Inc (OTCPK:LFGP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Maple Street, Hanover, NH, USA, 03755

Website

https://www.ledyardbank.com

Ledyard Financial Group Inc is a bank holding company. The company, through its subsidiary, operates in two segments: banking and wealth advisory services. The Banking segment consists of lending to commercial and consumer customers, as well as deposit-gathering activities. The Wealth advisory services include financial planning services, investment management services, personal tax services, trustee services, and estate planning. All of its revenues come from the Banking segment.

Ledyard Financial Group (Ledyard Financial Group) Headlines

From GuruFocus

Ledyard Financial Group Inc at Virtual Investor Conferences Transcript

By GuruFocus Research • 02-14-2024