GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Clips Inc (OTCPK:LCLP) » Definitions » Cash-to-Debt

Life Clips (Life Clips) Cash-to-Debt : 0.21 (As of Mar. 2022)


View and export this data going back to 2015. Start your Free Trial

What is Life Clips 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. Life Clips's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.21.

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, Life Clips couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

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

LCLP's Cash-to-Debt is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.56
* Ranked among companies with meaningful Cash-to-Debt only.

Life Clips Cash-to-Debt Historical Data

The historical data trend for Life Clips'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.

* Premium members only.

Life Clips Cash-to-Debt Chart

Life Clips Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cash-to-Debt
Get a 7-Day Free Trial 0.04 - 0.01 - 0.06

Life Clips Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 0.01 0.06 0.46 0.47 0.21

Competitive Comparison of Life Clips's Cash-to-Debt

For the Leisure subindustry, Life Clips'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.

Life Clips's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Life Clips's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Life Clips's Cash-to-Debt falls into.


Life Clips 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.

Life Clips's Cash to Debt Ratio for the fiscal year that ended in Jun. 2021 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)
=0.231 / (4.124 + 0)
=0.06

Life Clips's Cash to Debt Ratio for the quarter that ended in Mar. 2022 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)
=0.856 / (3.861 + 0.147)
=0.21

* 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.

Life Clips  (OTCPK:LCLP) 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.

Life Clips Cash-to-Debt Related Terms

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

Life Clips (Life Clips) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Clips Inc (OTCPK:LCLP) » Definitions » Cash-to-Debt
Comparable Companies
ALTD ALTD BWMG BTDG SPQS PRKA KENS CNXA TSE:4661 HKSE:02020 HKSE:02331 TSE:7832 POOL TSE:7309 LSE:CCL HAS MAT TSE:7951 PLNT HKSE:09992
Traded in Other Exchanges
N/A
Address
18851 NE 29th Avenue, Suite 700, PMB No. 348, Aventura, FL, USA, 33180
Website
https://www.lifeclips.com
Life Clips Inc operates in the business of digital devices to capture videos and pictures. It offers a varied range of cameras, batteries, and adapters. The firm focuses on the marketing of the HP-branded cameras as well as the Mobeego branded batteries in the United States as well as internationally. In addition, it also operates in the energy unit product division which consists of a custom designed plastic casing, shaped like a small can of energy drink, hosting a powerful lithium battery for charging mobile devices.
Executives
Victoria Diana Rudman director, officer: CFO C/O CHATAND, INC., 244 5TH AVENUE, SUITE 68, NEW YORK NY 10001
Robert Grinberg director, officer: CEO 19515 PRESIDENTIAL WAY, MIAMI FL 33179