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Lloyds Banking Group (XTER:LLD) Cash-to-Debt : 0.72 (As of Sep. 2024)


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What is Lloyds Banking Group 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. Lloyds Banking Group's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.72.

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, Lloyds Banking Group 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 Lloyds Banking Group's Cash-to-Debt or its related term are showing as below:

XTER:LLD' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49   Med: 0.7   Max: 1.14
Current: 0.72

During the past 13 years, Lloyds Banking Group's highest Cash to Debt Ratio was 1.14. The lowest was 0.49. And the median was 0.70.

XTER:LLD's Cash-to-Debt is ranked worse than
65.33% of 1500 companies
in the Banks industry
Industry Median: 1.295 vs XTER:LLD: 0.72

Lloyds Banking Group Cash-to-Debt Historical Data

The historical data trend for Lloyds Banking Group'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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Lloyds Banking Group Cash-to-Debt Chart

Lloyds Banking Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.49 0.68 0.91 1.00 0.84

Lloyds Banking Group Quarterly Data
Dec18 Jun19 Dec19 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.84 0.82 0.73 0.72

Competitive Comparison of Lloyds Banking Group's Cash-to-Debt

For the Banks - Regional subindustry, Lloyds Banking Group'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.


Lloyds Banking Group's Cash-to-Debt Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Lloyds Banking Group's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lloyds Banking Group's Cash-to-Debt falls into.



Lloyds Banking Group 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.

Lloyds Banking Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Lloyds Banking Group's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

* 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.


Lloyds Banking Group  (XTER:LLD) 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.


Lloyds Banking Group Cash-to-Debt Related Terms

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


Lloyds Banking Group Business Description

Address
25 Gresham Street, London, GBR, EC2V 7HN
Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large companies and financial institutions in the UK Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.

Lloyds Banking Group Headlines

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