LTGHY (Life Healthcare Group Holdings) Cash-to-Debt : 0.56 (As of Sep. 2024)

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What is Life Healthcare Group 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. Life Healthcare Group Holdings's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.56.

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, Life Healthcare Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Life Healthcare Group Holdings's Cash-to-Debt or its related term are showing as below:

LTGHY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.13 Max: 0.56
Current: 0.56

During the past 13 years, Life Healthcare Group Holdings's highest Cash to Debt Ratio was 0.56. The lowest was 0.06. And the median was 0.13.

LTGHY's Cash-to-Debt is ranked worse than
55.84% of 668 companies
in the Healthcare Providers & Services industry
Industry Median: 0.755 vs LTGHY: 0.56

Life Healthcare Group Holdings Cash-to-Debt Historical Data

The historical data trend for Life Healthcare Group 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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Life Healthcare Group Holdings Cash-to-Debt Chart

Life Healthcare Group Holdings Annual Data

Trend

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Cash-to-Debt

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0.14

0.21

0.06

0.56

Life Healthcare Group Holdings Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.21	0.09	0.06	2.47	0.56

Competitive Comparison of Life Healthcare Group Holdings's Cash-to-Debt

For the Medical Care Facilities subindustry, Life Healthcare Group 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.

Life Healthcare Group Holdings's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Life Healthcare Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Life Healthcare Group Holdings's Cash-to-Debt falls into.

Life Healthcare Group 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.

Life Healthcare Group Holdings's Cash to Debt Ratio for the fiscal year 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)
	=	139.928	/	(58.37	+	192.898)
	=	0.56

Life Healthcare Group Holdings'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)
	=	139.928	/	(58.37	+	192.898)
	=	0.56

Life Healthcare Group Holdings (OTCPK:LTGHY) 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.

Life Healthcare Group Holdings Cash-to-Debt Related Terms

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Life Healthcare Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Life Healthcare Group Holdings Ltd (OTCPK:LTGHY) » Definitions » Cash-to-Debt

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LHC:South Africa

Address

203 Oxford Road, Building 2, Oxford Parks, Corner Eastwood and Oxford Roads, Dunkeld, Johannesburg, GT, ZAF, 2196

Website

https://www.lifehealthcare.co.za

Life Healthcare Group Holdings Ltd is an international and diversified healthcare organization based in South Africa. The firm's segments include hospitals and complementary services, healthcare services, and Radiopharmaceutical products. The hospitals and complementary services segment generates majority of the revenue. Its services include mental healthcare, acute rehabilitation, renal dialysis, and oncology. The smaller growth initiatives segment focuses on clinical quality products, and outpatient business in South Africa.