Light Science Technologies Holdings (LSE:LST) Cash-to-Debt : 0.63 (As of Nov. 2024)

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What is Light Science Technologies 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. Light Science Technologies Holdings's cash to debt ratio for the quarter that ended in Nov. 2024 was 0.63.

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, Light Science Technologies Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Nov. 2024.

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

LSE:LST' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.2 Max: 1.54
Current: 0.63

During the past 7 years, Light Science Technologies Holdings's highest Cash to Debt Ratio was 1.54. The lowest was 0.00. And the median was 0.20.

LSE:LST's Cash-to-Debt is ranked worse than
67.46% of 2446 companies
in the Hardware industry
Industry Median: 1.42 vs LSE:LST: 0.63

Light Science Technologies Holdings Cash-to-Debt Historical Data

The historical data trend for Light Science Technologies 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.

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Light Science Technologies Holdings Cash-to-Debt Chart

Light Science Technologies Holdings Annual Data

Trend

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Nov24

Cash-to-Debt

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0.02

1.54

0.20

0.42

0.63

Light Science Technologies Holdings Semi-Annual Data
	Nov18	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23	May24	Nov24
Cash-to-Debt	Get a 7-Day Free Trial							0.20	0.43	0.42	0.37	0.63

Competitive Comparison of Light Science Technologies Holdings's Cash-to-Debt

For the Electronic Components subindustry, Light Science Technologies 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.

Light Science Technologies Holdings's Cash-to-Debt Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Light Science Technologies Holdings's Cash-to-Debt distribution charts can be found below:

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

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Light Science Technologies 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.

Light Science Technologies Holdings's Cash to Debt Ratio for the fiscal year that ended in Nov. 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)
	=	1.215	/	(1.044	+	0.885)
	=	0.63

Light Science Technologies Holdings's Cash to Debt Ratio for the quarter that ended in Nov. 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)
	=	1.215	/	(1.044	+	0.885)
	=	0.63

Light Science Technologies Holdings (LSE:LST) 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.

Light Science Technologies Holdings Cash-to-Debt Related Terms

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Light Science Technologies Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Light Science Technologies Holdings PLC (LSE:LST) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Canal Street, The Mills, Derby, GBR, DE1 2RJ

Website

https://www.lightsciencetechnologiesholdings.com

Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing and Controlled environment agriculture. The company generates maximum revenue from the Contract electronics manufacturing segment.

Light Science Technologies Holdings Headlines

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