Light Media Holdings (Light Media Holdings) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2021)

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

What is Light Media 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. Light Media Holdings's cash to debt ratio for the quarter that ended in Dec. 2021 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, Light Media Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2021.

(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 Light Media Holdings's Cash-to-Debt or its related term are showing as below:

LGMH's Cash-to-Debt is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.26
* Ranked among companies with meaningful Cash-to-Debt only.

Light Media Holdings Cash-to-Debt Historical Data

The historical data trend for Light Media 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.

* Premium members only.

Light Media Holdings Cash-to-Debt Chart

Light Media Holdings Annual Data

Trend

Dec21

Cash-to-Debt

No Debt

Light Media Holdings Semi-Annual Data
	Dec21
Cash-to-Debt	No Debt

Competitive Comparison of Light Media Holdings's Cash-to-Debt

For the Entertainment subindustry, Light Media 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.

Light Media Holdings's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Light Media Holdings's Cash-to-Debt distribution charts can be found below:

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

Light Media 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.

Light Media Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Light Media Holdings had no debt ⁽¹⁾.

Light Media Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2021 is calculated as:

Light Media Holdings had no debt ⁽¹⁾.

Light Media Holdings (OTCPK:LGMH) 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.

Light Media Holdings Cash-to-Debt Related Terms

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

Light Media Holdings (Light Media Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Light Media Holdings Inc (OTCPK:LGMH) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

2365 Wall Street, Conyers, GA, USA, 30013

Website

https://www.lightmedianetwork.com

Light Media Holdings Inc is engaged in inspirational media and entertainment, via a variety of websites and distribution channels. It consists of web and mobile-enabled digital properties, apps, and social media platforms, providing news, information, and entertainment that provide clients with a powerful reach and visibility within and throughout the media demographic. The company enables sponsors and advertisers to realize the superior benefits of integrated 360 digital advertising reach via audio/video, banner ads, e-blasts, and social media engagement.

Light Media Holdings (Light Media Holdings) Headlines

From GuruFocus

Light Media Network Stands In Solidarity With Black Information Network

By Marketwired Marketwired • 07-14-2020

Light Media Holdings (Light Media Holdings) Cash-to-Debt : No Debt (1) (As of Dec. 2021)