LifeWorks (TSX:LWRK) Cash-to-Debt : 0.03 (As of Jun. 2022)

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What is LifeWorks 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. LifeWorks's cash to debt ratio for the quarter that ended in Jun. 2022 was 0.03.

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, LifeWorks 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 LifeWorks's Cash-to-Debt or its related term are showing as below:

TSX:LWRK' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.24
Current: 0.03

During the past 13 years, LifeWorks's highest Cash to Debt Ratio was 0.24. The lowest was 0.00. And the median was 0.02.

TSX:LWRK's Cash-to-Debt is not ranked
in the Software industry.
Industry Median: 2.43 vs TSX:LWRK: 0.03

LifeWorks Cash-to-Debt Historical Data

The historical data trend for LifeWorks'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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LifeWorks Cash-to-Debt Chart

LifeWorks Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Cash-to-Debt

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0.01

0.02

0.03

LifeWorks 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	Get a 7-Day Free Trial															0.03	0.02	0.03	0.03	0.03

Competitive Comparison of LifeWorks's Cash-to-Debt

For the Software - Application subindustry, LifeWorks'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.

LifeWorks's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, LifeWorks's Cash-to-Debt distribution charts can be found below:

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

LifeWorks 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.

LifeWorks's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 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)
	=	18.263	/	(124.754	+	457.938)
	=	0.03

LifeWorks's Cash to Debt Ratio for the quarter that ended in Jun. 2022 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)
	=	20.27	/	(126.619	+	536.76)
	=	0.03

LifeWorks (TSX:LWRK) 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.

LifeWorks Cash-to-Debt Related Terms

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

LifeWorks (TSX:LWRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LifeWorks Inc (TSX:LWRK) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

895 Don Mills Road, Suite 700, One Morneau Shepell Centre, Toronto, ON, CAN, M3C 1W3

Website

https://www.lifeworks.com

LifeWorks Inc is engaged in delivering technology-enabled solutions that help clients support the total wellbeing of their people and build organizational resiliency. Its solutions span employee and family assistance, health and wellness, recognition, pension and benefits administration, retirement consulting, actuarial and investment services.

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