LBG Media (LSE:LBG) Cash-to-Debt : 2.88 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is LBG Media 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. LBG Media's cash to debt ratio for the quarter that ended in Dec. 2023 was 2.88.

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, LBG Media could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LSE:LBG' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.25 Med: 1.63 Max: 9.14
Current: 2.88

During the past 6 years, LBG Media's highest Cash to Debt Ratio was 9.14. The lowest was 0.25. And the median was 1.63.

LSE:LBG's Cash-to-Debt is ranked better than
61.82% of 1032 companies
in the Media - Diversified industry
Industry Median: 1.25 vs LSE:LBG: 2.88

LBG Media Cash-to-Debt Historical Data

The historical data trend for LBG Media'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.

* Premium members only.

LBG Media Cash-to-Debt Chart

LBG Media Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.28

0.39

9.14

9.03

2.88

LBG Media Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					9.14	7.44	9.03	11.84	2.88

Competitive Comparison of LBG Media's Cash-to-Debt

For the Publishing subindustry, LBG Media'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.

LBG Media's Cash-to-Debt Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, LBG Media's Cash-to-Debt distribution charts can be found below:

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

LBG Media 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.

LBG Media's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	15.8	/	(2.507	+	2.975)
	=	2.88

LBG Media's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	15.8	/	(2.507	+	2.975)
	=	2.88

LBG Media (LSE:LBG) 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.

LBG Media Cash-to-Debt Related Terms

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

LBG Media (LSE:LBG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » LBG Media PLC (LSE:LBG) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Dale Street, Manchester, GBR, M1 1EZ

Website

https://www.lbgmedia.co.uk

LBG Media PLC is a UK-based digital media and youth content publisher, utilizing both in-house content and content from third parties to generate interactions with its audience of over one billion per annum. The company produces and distributes digital content across a range of mediums including video, editorial, image, audio, and experience.

LBG Media (LSE:LBG) Headlines

No Headlines