Lowell Resources Fund (ASX:LRT) Cash-to-Debt

: No Debt ⁽¹⁾ (As of Dec. 2023)

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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. Lowell Resources Fund'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, Lowell Resources Fund 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 Lowell Resources Fund's Cash-to-Debt or its related term are showing as below:

ASX:LRT' 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 7 years, Lowell Resources Fund's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

ASX:LRT's Cash-to-Debt is ranked better than
99.93% of 1474 companies
in the Asset Management industry
Industry Median: 5.175 vs ASX:LRT: No Debt

Lowell Resources Fund Cash-to-Debt Historical Data

The historical data trend for Lowell Resources Fund'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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Lowell Resources Fund Annual Data

Trend

Sep17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

No Debt

Lowell Resources Fund Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt								No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison

For the Asset Management subindustry, Lowell Resources Fund'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.

Lowell Resources Fund Cash-to-Debt Distribution

For the Asset Management industry and Financial Services sector, Lowell Resources Fund's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lowell Resources Fund's Cash-to-Debt falls into.

Lowell Resources Fund 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.

Lowell Resources Fund's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Lowell Resources Fund had no debt ⁽¹⁾.

Lowell Resources Fund's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Lowell Resources Fund had no debt ⁽¹⁾.

Lowell Resources Fund (ASX:LRT) 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.

Lowell Resources Fund Cash-to-Debt Related Terms

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

Lowell Resources Fund (ASX:LRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lowell Resources Fund (ASX:LRT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

8 Chapel Street, Terrain Capital, Cremorne, VIC, AUS, 3121

Website

https://www.cremornecapital.com

Lowell Resources Fund is an Australian-based Financial Services company providing specialist funds management products for both the wholesale and retail markets. The fund invests in securities listed on the Australian Stock Exchange (ASX) and investments that are likely to be listed on ASX in the future and Australian-denominated cash.

Lowell Resources Fund (ASX:LRT) Headlines

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