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Legg Mason Cash-to-Debt

: 0.63 (As of Mar. 2020)
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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. Legg Mason's cash to debt ratio for the quarter that ended in Mar. 2020 was 0.63.

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, Legg Mason couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2020.

NYSE:LM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05   Med: 1.11   Max: 13.78
Current: 0.63

0.05
13.78

During the past 13 years, Legg Mason's highest Cash to Debt Ratio was 13.78. The lowest was 0.05. And the median was 1.11.

NYSE:LM's Cash-to-Debt is ranked lower than
70% of the 1188 Companies
in the Asset Management industry.

( Industry Median: 11.33 vs. NYSE:LM: 0.63 )

Legg Mason Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Legg Mason Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.06 0.54 0.54 0.64 0.63

Legg Mason Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.64 0.45 0.48 0.57 0.63

Competitive Comparison
* 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.


Legg Mason Cash-to-Debt Distribution

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



Legg Mason 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.

Legg Mason's Cash to Debt Ratio for the fiscal year that ended in Mar. 2020 is calculated as:

Legg Mason's Cash to Debt Ratio for the quarter that ended in Mar. 2020 is calculated as:

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Legg Mason  (NYSE:LM) 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.


Legg Mason Cash-to-Debt Related Terms


Legg Mason Cash-to-Debt Headlines

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