LumenRadio AB (OSTO:LUMEN) Cash-to-Debt : 7.40 (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is LumenRadio AB 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. LumenRadio AB's cash to debt ratio for the quarter that ended in Mar. 2024 was 7.40.

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, LumenRadio AB could pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

OSTO:LUMEN' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.6 Med: 6.62 Max: 13.29
Current: 7.4

During the past 5 years, LumenRadio AB's highest Cash to Debt Ratio was 13.29. The lowest was 0.60. And the median was 6.62.

OSTO:LUMEN's Cash-to-Debt is ranked better than
75.18% of 2325 companies
in the Hardware industry
Industry Median: 1.32 vs OSTO:LUMEN: 7.40

LumenRadio AB Cash-to-Debt Historical Data

The historical data trend for LumenRadio AB'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.

LumenRadio AB Cash-to-Debt Chart

LumenRadio AB Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

4.33

0.60

1.89

5.84

7.51

LumenRadio AB Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial								10.48	13.29	7.82	7.51	7.40

Competitive Comparison of LumenRadio AB's Cash-to-Debt

For the Communication Equipment subindustry, LumenRadio AB'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.

LumenRadio AB's Cash-to-Debt Distribution in the Hardware Industry

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

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

LumenRadio AB 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.

LumenRadio AB'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)
	=	84.305	/	(4.029	+	7.201)
	=	7.51

LumenRadio AB'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)
	=	78.922	/	(4.217	+	6.454)
	=	7.40

LumenRadio AB (OSTO:LUMEN) 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.

LumenRadio AB Cash-to-Debt Related Terms

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

LumenRadio AB (OSTO:LUMEN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LumenRadio AB (OSTO:LUMEN) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

YV7:Germany

Address

Johan Willins Gata 6, Gothenburg, SWE, SE-416 48

Website

https://www.lumenradio.com

LumenRadio AB provide ultra-reliable and ultra-low power device-to-device wireless connectivity for the most business-critical applications. The company's scalable solutions are based on patented wireless technology for lighting control, building automation and industrial communication.

LumenRadio AB (OSTO:LUMEN) Headlines

No Headlines