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Lucas GC (Lucas GC) Cash-to-Debt : 0.76 (As of Dec. 2023)


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What is Lucas GC 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. Lucas GC's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.76.

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, Lucas GC couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LGCL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.76   Med: 5003.59   Max: No Debt
Current: 0.76

During the past 4 years, Lucas GC's highest Cash to Debt Ratio was No Debt. The lowest was 0.76. And the median was 5003.59.

LGCL's Cash-to-Debt is ranked worse than
69.82% of 2803 companies
in the Software industry
Industry Median: 2.57 vs LGCL: 0.76

Lucas GC Cash-to-Debt Historical Data

The historical data trend for Lucas GC'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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Lucas GC Cash-to-Debt Chart

Lucas GC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
No Debt No Debt 7.18 0.76

Lucas GC Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Cash-to-Debt Get a 7-Day Free Trial No Debt No Debt 7.18 2.00 0.76

Competitive Comparison of Lucas GC's Cash-to-Debt

For the Software - Application subindustry, Lucas GC'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.

Lucas GC's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Lucas GC's Cash-to-Debt distribution charts can be found below:

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


Lucas GC 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.

Lucas GC'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)
=4.219 / (5.527 + 0)
=0.76

Lucas GC's Cash to Debt Ratio for the quarter 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)
=4.219 / (5.527 + 0)
=0.76

* 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.

Lucas GC  (NAS:LGCL) 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.

Lucas GC Cash-to-Debt Related Terms

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Lucas GC (Lucas GC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lucas GC Ltd (NAS:LGCL) » Definitions » Cash-to-Debt
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Address
Xiaoyun Road, Room 5A01, 4th Floor, Air China Building, Sanyuanqiao, Chaoyang District, Beijing, CHN, 100027
Website
https://hunter.lucasgchr.com
Lucas GC Ltd is a technology-driven online agent-centric human capital management service provider targeting professionals based on PaaS in China.