Liberty Financial Group (ASX:LFG) Cash-to-Debt : 1.06 (As of Dec. 2024)

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What is Liberty Financial 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. Liberty Financial Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 1.06.

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, Liberty Financial Group could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

ASX:LFG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.11 Max: No Debt
Current: 1.06

During the past 5 years, Liberty Financial Group's highest Cash to Debt Ratio was No Debt. The lowest was 0.07. And the median was 0.11.

ASX:LFG's Cash-to-Debt is ranked better than
71.23% of 511 companies
in the Credit Services industry
Industry Median: 0.22 vs ASX:LFG: 1.06

Liberty Financial Group Cash-to-Debt Historical Data

The historical data trend for Liberty Financial 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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Liberty Financial Group Cash-to-Debt Chart

Liberty Financial Group Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

No Debt

1.05

0.07

0.11

Liberty Financial Group Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial					0.07	0.11	0.11	0.11	1.06

Competitive Comparison of Liberty Financial Group's Cash-to-Debt

For the Credit Services subindustry, Liberty Financial 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.

Liberty Financial Group's Cash-to-Debt Distribution in the Credit Services Industry

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

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

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Liberty Financial 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.

Liberty Financial Group's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1575.568	/	(3729.974	+	10904.034)
	=	0.11

Liberty Financial Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	15773.472	/	(14851.114	+	5.203)
	=	1.06

Liberty Financial Group (ASX:LFG) 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.

Liberty Financial Group Cash-to-Debt Related Terms

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

Liberty Financial Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Liberty Financial Group Ltd (ASX:LFG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Bourke Street, Level 16, Melbourne, VIC, AUS, 3000

Website

https://www.liberty.com.au

Founded in 1997, Liberty Financial Group is a nonbank lender operating in Australia and New Zealand. Unlike banks, nonbanks are unable to take customer deposits, a privilege exclusive to Authorized deposit-taking institutions, or ADIs. Liberty operates three business segments: residential, secured finance, and financial services. Mortgages make up about 55% of the loan book, with a focus on higher-risk borrowers. Secured finance makes up 40% of loans, including motor finance, commercial property loans, and self-managed superannuation fund, or SMSF, loans. The financial services division includes unsecured personal and small and midsize business loans, mortgage broking, and distribution of general and life insurance.