Love Group Global (ASX:LVE) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

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What is Love Group Global 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. Love Group Global's cash to debt ratio for the quarter that ended in Dec. 2023 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, Love Group Global could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

(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 Love Group Global's Cash-to-Debt or its related term are showing as below:

ASX:LVE' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.46 Med: 148.11 Max: No Debt
Current: No Debt

During the past 9 years, Love Group Global's highest Cash to Debt Ratio was No Debt. The lowest was 1.46. And the median was 148.11.

ASX:LVE's Cash-to-Debt is ranked better than
99.83% of 585 companies
in the Interactive Media industry
Industry Median: 4.63 vs ASX:LVE: No Debt

Love Group Global Cash-to-Debt Historical Data

The historical data trend for Love Group Global'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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Love Group Global Cash-to-Debt Chart

Love Group Global Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

2.38

5.51

21.79

No Debt

Love Group Global Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial														26.53	21.79	13.55	No Debt	No Debt

Competitive Comparison of Love Group Global's Cash-to-Debt

For the Internet Content & Information subindustry, Love Group Global'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.

Love Group Global's Cash-to-Debt Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Love Group Global's Cash-to-Debt distribution charts can be found below:

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

Love Group Global 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.

Love Group Global's Cash to Debt Ratio for the fiscal year that ended in Jun. 2023 is calculated as:

Love Group Global had no debt ⁽¹⁾.

Love Group Global's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Love Group Global had no debt ⁽¹⁾.

Love Group Global (ASX:LVE) 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.

Love Group Global Cash-to-Debt Related Terms

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

Love Group Global (ASX:LVE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Love Group Global Ltd (ASX:LVE) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000

Website

https://www.lovegroup.co

Love Group Global Ltd is a dating platform. The company provides online dating services and matchmaking services. The company's online dating platform includes - Lovestruck, Date Tix, and Noonswoon applications. The operating business segments are Dating services and Corporate. The company generates maximum revenue from the Dating Services segment which offers online, events, and matchmaking services in Hong Kong, London, Singapore, and Thailand.

Love Group Global (ASX:LVE) Headlines

No Headlines

Love Group Global (ASX:LVE) Cash-to-Debt : No Debt (1) (As of Dec. 2023)