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LPL Financial Holdings Cash-to-Debt

: 0.24 (As of Jun. 2022)
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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. LPL Financial Holdings's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.24.

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, LPL Financial Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2022.

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

LPLA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.13   Med: 0.31   Max: 0.54
Current: 0.24

During the past 13 years, LPL Financial Holdings's highest Cash to Debt Ratio was 0.54. The lowest was 0.13. And the median was 0.31.

LPLA's Cash-to-Debt is ranked worse than
86.94% of 758 companies
in the Capital Markets industry
Industry Median: 3.08 vs LPLA: 0.24

LPL Financial Holdings Cash-to-Debt Historical Data

The historical data trend for LPL Financial 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.

* Premium members only.

LPL Financial Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.21 0.22 0.31 0.16

LPL Financial Holdings Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Cash-to-Debt 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 Premium Member Only Premium Member Only Premium Member Only 0.31 0.33 0.16 0.34 0.24

Competitive Comparison

For the Capital Markets subindustry, LPL Financial 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.

   

LPL Financial Holdings Cash-to-Debt Distribution

For the Capital Markets industry and Financial Services sector, LPL Financial Holdings's Cash-to-Debt distribution charts can be found below:

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



LPL Financial Holdings Cash-to-Debt Calculation

This is the ratio of a company's 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.

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

LPL Financial Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2022 is calculated as:

* 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.


LPL Financial Holdings  (NAS:LPLA) 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.


LPL Financial Holdings Cash-to-Debt Related Terms

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


LPL Financial Holdings Business Description

LPL Financial Holdings logo
Traded in Other Exchanges
Address
4707 Executive Drive, San Diego, CA, USA, 92121
LPL Financial Holdings is an independent broker/dealer that provides a platform of proprietary technology, brokerage, and investment advisory services to financial advisors and institutions. The company also provides financial advisors licensed with insurance companies customized clearing services, advisory platforms, and technology solutions. LPL provides a range of services through its subsidiaries. Private Trust supplies trust administration, investment management oversight, and custodial services for estates and families; Independent Advisers Group offers investment advisory solutions to insurance companies; and LPL Insurance Associates operates as a brokerage general agency that offers life, long-term care, and disability insurance sales and services.
Executives
Sethi Kabir officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Gates Greg officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Simonich Brent officer: EVP, CAO and Treasurer C/O E*TRADE FINANCIAL CORP. 11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036-9992
Fandrey Edward officer: Managing Director C/O LPL FINANCIAL 4707 EXECUTIVE DRIVE SAN DIEGO CA 92121
Bernard Edward C director T ROWE PRICE GROUP INC 100 E PRATT ST BALTIMORE MD 21202
Enyedi Matthew officer: Managing Director C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Thomas Corey E. director C/O RAPID7, INC. 100 SUMMER STREET BOSTON MA 02110
Semerjian Dayton officer: Managing Director 600 NICKERSON RD. MARLBORO MA 01752
Steinmeier Richard officer: Managing Director C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Mnookin Allison director C/O INTUIT 150 CAMBRIDGE PARK DRIVE CAMBRIDGE MA 02140
Seese Scott officer: MD, Chief Information Officer C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Glavin William Francis Jr director 6803 SOUTH TUCSON WAY CENTENNIAL CO 80112
Hellman Marco director BLACKBAUD INC 2000 DANIEL ISLAND DRIVE CHARLESTON SC 29492
Calder Tracy officer: MD, Deputy Chief Risk Officer C/O LPL FINANCIAL HOLDINGS, INC. 75 STATE STREET, 22ND FLOOR BOSTON MA 02109
Dinh Viet D director GEORGETOWN UNIVERSITY LAW CENTER 600 NEW JERSEY AVENUE NW WASHINGTON DC 20001

LPL Financial Holdings Headlines

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