Lixte Biotechnology Holdings (FRA:8640) Cash-to-Debt : No Debt ⁽¹⁾ (As of Mar. 2025)

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What is Lixte Biotechnology 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. Lixte Biotechnology Holdings's cash to debt ratio for the quarter that ended in Mar. 2025 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, Lixte Biotechnology Holdings could pay off its debt using the cash in hand for the quarter that ended in Mar. 2025.

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

FRA:8640' s Cash-to-Debt Range Over the Past 10 Years
Min: No Debt Med: No Debt Max: No Debt
Current: No Debt

During the past 13 years, Lixte Biotechnology Holdings's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

FRA:8640's Cash-to-Debt is ranked better than
99.93% of 1466 companies
in the Biotechnology industry
Industry Median: 7.695 vs FRA:8640: No Debt

Lixte Biotechnology Holdings Cash-to-Debt Historical Data

The historical data trend for Lixte Biotechnology 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.

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Lixte Biotechnology Holdings Cash-to-Debt Chart

Lixte Biotechnology Holdings Annual Data

Trend

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Dec21

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Dec24

Cash-to-Debt

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No Debt

Lixte Biotechnology Holdings Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Cash-to-Debt	Get a 7-Day Free Trial															No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of Lixte Biotechnology Holdings's Cash-to-Debt

For the Biotechnology subindustry, Lixte Biotechnology 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.

Lixte Biotechnology Holdings's Cash-to-Debt Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Lixte Biotechnology Holdings's Cash-to-Debt distribution charts can be found below:

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

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Lixte Biotechnology 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.

Lixte Biotechnology Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Lixte Biotechnology Holdings had no debt ⁽¹⁾.

Lixte Biotechnology Holdings's Cash to Debt Ratio for the quarter that ended in Mar. 2025 is calculated as:

Lixte Biotechnology Holdings had no debt ⁽¹⁾.

Lixte Biotechnology Holdings (FRA:8640) 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.

Lixte Biotechnology Holdings Cash-to-Debt Related Terms

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Lixte Biotechnology Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Lixte Biotechnology Holdings Inc (FRA:8640) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

LIXT:USA

Address

680 East Colorado Boulevard, Suite 180, Pasadena, CA, USA, 91101

Website

https://www.lixte.com

Lixte Biotechnology Holdings Inc is a biopharmaceutical company dedicated to improving patients' lives by developing a drug class called Protein Phosphatase 2A inhibitors. Its product pipeline is focused on inhibitors of protein phosphatase 2A, used in combination with cytotoxic agents and/or x-rays, immune checkpoint blockers, and other cancer therapies. The Company believes that inhibitors of protein phosphatases have therapeutic potential for a broad range of cancers. It focuses on the clinical development of a specific protein phosphatase inhibitor, referred to as LB-100, which has been shown to have clinical anti-cancer activity at doses that produce little or no toxicity.

Lixte Biotechnology Holdings Headlines

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Lixte Biotechnology Holdings (FRA:8640) Cash-to-Debt : No Debt (1) (As of Mar. 2025)