Lloyds Banking Group (Lloyds Banking Group) Cash-to-Debt : N/A (As of Mar. 2024)

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What is Lloyds Banking 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. Lloyds Banking Group's cash to debt ratio for the quarter that ended in Mar. 2024 was N/A.

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

LYG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.49 Med: 0.63 Max: 1
Current: 0.84

During the past 13 years, Lloyds Banking Group's highest Cash to Debt Ratio was 1.00. The lowest was 0.49. And the median was 0.63.

LYG's Cash-to-Debt is ranked worse than
60.35% of 1440 companies
in the Banks industry
Industry Median: 1.245 vs LYG: 0.84

Lloyds Banking Group Cash-to-Debt Historical Data

The historical data trend for Lloyds Banking 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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Lloyds Banking Group Cash-to-Debt Chart

Lloyds Banking Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.49

0.68

0.91

1.00

0.84

Lloyds Banking Group Quarterly Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															1.13	1.00	0.95	0.84	N/A

Competitive Comparison of Lloyds Banking Group's Cash-to-Debt

For the Banks - Regional subindustry, Lloyds Banking 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.

Lloyds Banking Group's Cash-to-Debt Distribution in the Banks Industry

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

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

Lloyds Banking Group 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.

Lloyds Banking Group's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Balance Sheet Cash And Cash Equivalents	/	Total Debt
	=	Balance Sheet Cash And Cash Equivalents	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	100027.848	/	(0	+	118567.089)
	=	0.84

Lloyds Banking Group's Cash to Debt Ratio for the quarter that ended in Mar. 2024 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Lloyds Banking Group (NYSE:LYG) 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.

Lloyds Banking Group Cash-to-Debt Related Terms

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

Lloyds Banking Group (Lloyds Banking Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Lloyds Banking Group PLC (NYSE:LYG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LLDTF:USA LLOYl:UK LLPE.PFD:UK LLPD.PFD:UK LLPC.PFD:UK LLOY:UK LLD:Germany LLD:Germany LLD:Germany LLD:Germany L1YG34:Brazil LYG:Argentina

Address

25 Gresham Street, London, GBR, EC2V 7HN

Website

https://www.lloydsbankinggroup.com

Lloyds is a retail and commercial bank headquartered in the United Kingdom. The bank operates via three business segments: retail, commercial banking, and insurance and wealth. In retail, Lloyds offers primarily mortgages (66% of loan portfolio), credit cards, and current accounts to its customers. Its commercial banking operation provides lending, transaction banking, working capital management, and debt capital market services to large corporates and financial institutions in the U.K. Insurance and wealth rounds out the product lineup with life and property insurance as well as pension solutions and high-net-worth asset-management services.