LSPD (Lightspeed Commerce) Cash-to-Debt : 30.01 (As of Sep. 2024)

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What is Lightspeed Commerce 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. Lightspeed Commerce's cash to debt ratio for the quarter that ended in Sep. 2024 was 30.01.

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, Lightspeed Commerce could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

LSPD' s Cash-to-Debt Range Over the Past 10 Years
Min: 4.19 Med: 24.33 Max: No Debt
Current: 30.01

During the past 9 years, Lightspeed Commerce's highest Cash to Debt Ratio was No Debt. The lowest was 4.19. And the median was 24.33.

LSPD's Cash-to-Debt is ranked better than
78.43% of 2796 companies
in the Software industry
Industry Median: 2.33 vs LSPD: 30.01

Lightspeed Commerce Cash-to-Debt Historical Data

The historical data trend for Lightspeed Commerce'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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Lightspeed Commerce Cash-to-Debt Chart

Lightspeed Commerce Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Cash-to-Debt

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4.53

14.56

15.76

31.76

31.11

Lightspeed Commerce Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															32.19	31.95	31.11	28.96	30.01

Competitive Comparison of Lightspeed Commerce's Cash-to-Debt

For the Software - Application subindustry, Lightspeed Commerce'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.

Lightspeed Commerce's Cash-to-Debt Distribution in the Software Industry

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

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

Lightspeed Commerce 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.

Lightspeed Commerce's Cash to Debt Ratio for the fiscal year 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)
	=	722.102	/	(6.942	+	16.269)
	=	31.11

Lightspeed Commerce's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	659.018	/	(6.882	+	15.078)
	=	30.01

Lightspeed Commerce (NYSE:LSPD) 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.

Lightspeed Commerce Cash-to-Debt Related Terms

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

Lightspeed Commerce Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Lightspeed Commerce Inc (NYSE:LSPD) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

0A8V:UK 3L50:Germany LSPD:Canada

Address

700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6

Website

https://www.lightspeedhq.com

Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their businesses. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia, Germany, and other countries. It derives a majority of its revenue from the United States.