Brompton Lifeco Split (TSX:LCS) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Brompton Lifeco Split 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. Brompton Lifeco Split's cash to debt ratio for the quarter that ended in Dec. 2023 was No Debt ⁽¹⁾.

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, Brompton Lifeco Split could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(1) 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.

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

TSX:LCS' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Brompton Lifeco Split's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

TSX:LCS's Cash-to-Debt is ranked better than
99.93% of 1473 companies
in the Asset Management industry
Industry Median: 5.79 vs TSX:LCS: No Debt

Brompton Lifeco Split Cash-to-Debt Historical Data

The historical data trend for Brompton Lifeco Split'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.

Brompton Lifeco Split Cash-to-Debt Chart

Brompton Lifeco Split Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

Brompton Lifeco Split Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Brompton Lifeco Split's Cash-to-Debt

For the Asset Management subindustry, Brompton Lifeco Split'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.

Brompton Lifeco Split's Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brompton Lifeco Split's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Brompton Lifeco Split's Cash-to-Debt falls into.

Brompton Lifeco Split 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.

Brompton Lifeco Split's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Brompton Lifeco Split had no debt ⁽¹⁾.

Brompton Lifeco Split's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Brompton Lifeco Split had no debt ⁽¹⁾.

Brompton Lifeco Split (TSX:LCS) 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.

Brompton Lifeco Split Cash-to-Debt Related Terms

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

Brompton Lifeco Split (TSX:LCS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brompton Lifeco Split Corp (TSX:LCS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LCS.PR.A.PFD:Canada

Address

181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Brompton Lifeco Split Corp is a mutual fund corporation based in Canada. It invests in a portfolio comprised of common shares of major publicly traded Canadian life insurance companies. The Fund's objectives in managing its capital are to provide holders of Preferred shares with fixed, cumulative, preferential quarterly cash distributions and to return the original issue price to the holders of the shares on the maturity date, the terms of which may be extended for periods of up to five years as determined by the Board of Directors, and to provide holders of Class A shares with regular monthly cash distributions targeted to be $0.075 per share and the opportunity for growth in Net Asset Value per share.

Brompton Lifeco Split (TSX:LCS) Headlines

No Headlines

Brompton Lifeco Split (TSX:LCS) Cash-to-Debt : No Debt (1) (As of Dec. 2023)