LTRX has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
LTRX has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. Lantronix's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.89.
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, Lantronix couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.
The historical rank and industry rank for Lantronix's Cash-to-Debt or its related term are showing as below:
During the past 13 years, Lantronix's highest Cash to Debt Ratio was 1655.64. The lowest was 0.20. And the median was 5.13.
The historical data trend for Lantronix'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.
Lantronix Annual Data | |||||||||||||||||||||
Trend | Jun14 | Jun15 | Jun16 | Jun17 | Jun18 | Jun19 | Jun20 | Jun21 | Jun22 | Jun23 | |||||||||||
Cash-to-Debt | Get a 7-Day Free Trial | 351.58 | 0.94 | 1.62 | 0.71 | 0.43 |
Lantronix Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash-to-Debt | Get a 7-Day Free Trial | 0.42 | 0.43 | 0.64 | 0.76 | 0.89 |
For the Communication Equipment subindustry, Lantronix'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.
For the Hardware industry and Technology sector, Lantronix's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Lantronix's Cash-to-Debt falls into.
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.
Lantronix's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 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) | |
= | 13.452 | / | (4.602 | + | 26.646) | |
= | 0.43 |
Lantronix's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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) | |
= | 24.642 | / | (4.859 | + | 22.96) | |
= | 0.89 |
* 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.
Lantronix (NAS:LTRX) 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.
Thank you for viewing the detailed overview of Lantronix's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.
Philip G Brace | director | LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035 |
Eric Bass | officer: VP of Engineering | 48 DISCOVERY, SUITE 250, IRVINE CA 92618 |
Hoshi Printer | director | C/O LANTRONIX, INC., 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92518 |
Paul F Folino | director | ONE ENTERPRISE, ALISO VIEJO CA 92656 |
Jason Cohenour | director | 47669 FREMONT BLVD, FREMONT CA 94538 |
Phu Hoang | director | 48 DISCOVERY, SUITE 250, IRVINE CA 92618 |
Jeremy Whitaker | officer: Chief Financial Officer and Co | 15353 BARRANCA PARKWAY, IRVINE CA 92618 |
Paul H Pickle | director, officer: President & CEO | 200 FLYNN ROAD, CAMARILLO CA 93012 |
Fathi Hakam | officer: Vice President of Engineering | 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618 |
Roger Holliday | officer: VP of Worldwide Sales | 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618 |
Heidi Nguyen | director | C/O LANTRONIX, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA IRVINE |
Bernhard Bruscha | director, 10 percent owner | LANTRONIX INC, 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618 |
Hale Martin M Jr | director, 10 percent owner | |
Margaret A Evashenk | director | EMULEX CORPORATION, 3333 SUSAN STREET, COSTA MESA CA 92626 |
Kevin Yoder | officer: VP of Worldwide Sales | 7535 IRVINE CENTER DRIVE, SUITE 100, IRVINE CA 92618 |
From GuruFocus
By Marketwired • 10-25-2023
By Marketwired • 09-14-2023
By sperokesalga sperokesalga • 05-03-2023
By Marketwired • 08-24-2023
By sperokesalga sperokesalga • 03-28-2023
By Marketwired • 09-07-2023
By Value_Insider Value_Insider • 11-02-2022
By Ds*** Ds*** • 08-30-2022
By Value_Insider Value_Insider • 10-25-2022
By sperokesalga sperokesalga • 05-30-2023
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.