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. LGL Group'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, LGL Group 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 LGL Group's Cash-to-Debt or its related term are showing as below:
LGL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 75.35 Med: No Debt Max: No Debt
Current: No Debt
During the past 13 years, LGL Group's highest Cash to Debt Ratio was No Debt. The lowest was 75.35. And the median was No Debt.
LGL Group Cash-to-Debt Historical Data
The historical data trend for LGL 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.
|
LGL Group Annual Data
|
|
Trend |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
Dec22 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
75.35 |
No Debt |
No Debt |
No Debt |
No Debt |
|
LGL Group Quarterly Data
|
|
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
Jun22 |
Sep22 |
Dec22 |
Mar23 |
Jun23 |
Sep23 |
Dec23 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
No Debt |
No Debt |
No Debt |
No Debt |
No Debt |
Competitive Comparison
For the Electronic Components subindustry, LGL 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.
LGL Group Cash-to-Debt Distribution
For the Hardware industry and Technology sector, LGL Group's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where LGL Group's Cash-to-Debt falls into.
LGL Group 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.
LGL Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:
LGL Group had no debt (1).
LGL Group's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:
LGL Group had no debt (1).
* 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.
LGL Group (LGL Group) Business Description
Traded in Other Exchanges
Address
2525 Shader Road, Orlando, FL, USA, 32804
LGL Group Inc is engaged in investment and manufacturing business activities. Its Electronic components segment is focused on the design and manufacture of engineered frequency and spectrum control products. The company's Electronic instruments segment is focused on the design and manufacture of high-performance Frequency and Time reference standards that form the basis for timing and synchronization in various applications including satellite communication, time transfer systems, network synchronization, electricity distribution and metrology. Majority of its revenue is derived from the Electronic components segment.
Executives
| Herve Francois |
director |
4 BRIDLE PATH, LAWRENCEVILLE NJ 08648 |
| Darlene T Deremer |
director |
200 CENTRAL AVENUE, SUITE 1850, ST. PETERSBURG FL 33701 |
| Linda M Biles |
officer: VP, Controller |
2525 SHADER ROAD, ORLANDO FL 32804 |
| James William Tivy |
officer: Chief Financial Officer |
220 E. CENTRAL PARKWAY, SUITE 2060, ALTAMONTE SPRINGS FL 32701 |
| Bel Lazar |
director |
4705 S. APOPKA VINELAND ROAD, SUITE 201, ORLANDO FL 32819 |
| Ferrantino Michael J Jr |
director |
12 MARTINGALE LANE, ANDOVER MA 01810 |
| Ivan Arteaga |
director, officer: CEO |
497 EISENHOWER COURT, WYCKOFF NJ 07481 |
| John S Mega |
director |
C/O L-3 COMMUNICATIONS CORPORATION, 600 THIRD AVENUE, NEW YORK NY 10016 |
| Lapenta Robert V Jr |
director |
C/O ASTON CAPITAL, 177 BROAD ST., 12TH FLOOR, STAMFORD CT 06901 |
| Mario J Gabelli |
director, 10 percent owner |
191 MASON STREET, GREENWICH CT 06830 |
| Joan Atkinson |
officer: CAO |
100 FIRST STAMFORD PLACE, STAMFORD CT 06907 |
| Patrick Huvane |
officer: Senior Vice President |
780 THIRD AVENUE, 21ST FLOOR, NEW YORK NY 10017 |
| Michael J Ferrantino |
director |
|
| Hendi Susanto |
director |
2525 SHADER RD., ORLANDO FL 32804 |
| Salerno Frederic V Jr |
director |
2525 SHADER RD., ORLANDO FL 32804 |
LGL Group (LGL Group) Headlines
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