Lynch Group Holdings (ASX:LGL) Cash-to-Debt : 0.23 (As of Dec. 2023)

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What is Lynch 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. Lynch Group Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.23.

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, Lynch Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:LGL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 0.36 Max: 0.59
Current: 0.23

During the past 3 years, Lynch Group Holdings's highest Cash to Debt Ratio was 0.59. The lowest was 0.14. And the median was 0.36.

ASX:LGL's Cash-to-Debt is ranked worse than
66.58% of 1855 companies
in the Consumer Packaged Goods industry
Industry Median: 0.53 vs ASX:LGL: 0.23

Lynch Group Holdings Cash-to-Debt Historical Data

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

Lynch Group Holdings Annual Data

Trend

Jun21

Jun22

Jun23

Cash-to-Debt

0.59

0.38

0.36

Lynch Group Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.40	0.38	0.14	0.36	0.23

Competitive Comparison of Lynch Group Holdings's Cash-to-Debt

For the Farm Products subindustry, Lynch 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.

Lynch Group Holdings's Cash-to-Debt Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lynch Group Holdings's Cash-to-Debt distribution charts can be found below:

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

Lynch 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.

Lynch Group Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 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)
	=	36.409	/	(9.349	+	91.235)
	=	0.36

Lynch Group Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	22.909	/	(10.309	+	91)
	=	0.23

Lynch Group Holdings (ASX:LGL) 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.

Lynch Group Holdings Cash-to-Debt Related Terms

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Lynch Group Holdings (ASX:LGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lynch Group Holdings Ltd (ASX:LGL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8b Williamson Road, Ingleburn, Sydney, NSW, AUS, 2565

Website

https://www.lynchgroup.com.au

Lynch Group Holdings Ltd is a vertically integrated wholesale floral company whose farms cover the entire process of planting, growing, merchandising, and selling flowers and potted plants to major supermarket chains and commercial outlets throughout Australia and China. The Group is organized into two operating segments Australia, which operates a vertically integrated production farm and wholesale operation in Australia; and China segment, which segment operates a production farm and distribution operation in China, primarily supplying the domestic China market as well as the Australian segment. The company generates the majority of its revenue from the Australia segment.