Keystone Law Group (LSE:KEYS) Cash-to-Debt : 3.53 (As of Jan. 2024)

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What is Keystone Law Group 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. Keystone Law Group's cash to debt ratio for the quarter that ended in Jan. 2024 was 3.53.

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, Keystone Law Group could pay off its debt using the cash in hand for the quarter that ended in Jan. 2024.

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

LSE:KEYS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 3.31 Max: 14.12
Current: 3.53

During the past 10 years, Keystone Law Group's highest Cash to Debt Ratio was 14.12. The lowest was 0.04. And the median was 3.31.

LSE:KEYS's Cash-to-Debt is ranked better than
68.83% of 1062 companies
in the Business Services industry
Industry Median: 1 vs LSE:KEYS: 3.53

Keystone Law Group Cash-to-Debt Historical Data

The historical data trend for Keystone Law Group'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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Keystone Law Group Cash-to-Debt Chart

Keystone Law Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Cash-to-Debt

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2.20

4.74

9.44

14.12

3.53

Keystone Law Group Semi-Annual Data
	Jan15	Jan16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24
Cash-to-Debt	Get a 7-Day Free Trial												9.44	8.47	14.12	27.21	3.53

Competitive Comparison of Keystone Law Group's Cash-to-Debt

For the Specialty Business Services subindustry, Keystone Law Group'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.

Keystone Law Group's Cash-to-Debt Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Keystone Law Group's Cash-to-Debt distribution charts can be found below:

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

Keystone Law Group 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.

Keystone Law Group's Cash to Debt Ratio for the fiscal year that ended in Jan. 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)
	=	8.367	/	(0.345	+	2.028)
	=	3.53

Keystone Law Group's Cash to Debt Ratio for the quarter that ended in Jan. 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)
	=	8.367	/	(0.345	+	2.028)
	=	3.53

Keystone Law Group (LSE:KEYS) 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.

Keystone Law Group Cash-to-Debt Related Terms

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Keystone Law Group (LSE:KEYS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Keystone Law Group PLC (LSE:KEYS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

48 Chancery Lane, London, GBR, WC2A 1JF

Website

https://www.keystonelaw.com

Keystone Law Group PLC is a law firm. The company provides legal services to a client base comprising of small and medium enterprises and private individuals. It offers conventional legal advice in the areas including property, commercial, corporate, employment, family, litigation, and private client. It derives revenue from rendering of services and other revenue. It serves sectors such as Aviation, Education, Financial Services, Food and Beverage, High-Net-Worth Family Office, Hotels, Hospitality and Leisure, In-House Legal, Life Sciences and Healthcare, Marine and Shipping, Media, Satellite, Space and Communications, and others.