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Lindsell Train Investment Trust (The) (LSE:LTI) Cash-to-Debt : No Debt (1) (As of Sep. 2023)


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What is Lindsell Train Investment Trust (The) 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. Lindsell Train Investment Trust (The)'s cash to debt ratio for the quarter that ended in Sep. 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, Lindsell Train Investment Trust (The) could pay off its debt using the cash in hand for the quarter that ended in Sep. 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 Lindsell Train Investment Trust (The)'s Cash-to-Debt or its related term are showing as below:

LSE:LTI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.65   Med: No Debt   Max: No Debt
Current: No Debt

During the past 13 years, Lindsell Train Investment Trust (The)'s highest Cash to Debt Ratio was No Debt. The lowest was 0.65. And the median was No Debt.

LSE:LTI's Cash-to-Debt is ranked better than
99.93% of 1450 companies
in the Asset Management industry
Industry Median: 5.815 vs LSE:LTI: No Debt

Lindsell Train Investment Trust (The) Cash-to-Debt Historical Data

The historical data trend for Lindsell Train Investment Trust (The)'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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Lindsell Train Investment Trust (The) Cash-to-Debt Chart

Lindsell Train Investment Trust (The) Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Lindsell Train Investment Trust (The) Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only No Debt No Debt No Debt No Debt No Debt

Competitive Comparison of Lindsell Train Investment Trust (The)'s Cash-to-Debt

For the Asset Management subindustry, Lindsell Train Investment Trust (The)'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.


Lindsell Train Investment Trust (The)'s Cash-to-Debt Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lindsell Train Investment Trust (The)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Lindsell Train Investment Trust (The)'s Cash-to-Debt falls into.



Lindsell Train Investment Trust (The) Cash-to-Debt Calculation

This is the ratio of a company's Balance Sheet Cash And Cash Equivalents 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.

Lindsell Train Investment Trust (The)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Lindsell Train Investment Trust (The) had no debt (1).

Lindsell Train Investment Trust (The)'s Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Lindsell Train Investment Trust (The) had no debt (1).

* 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.


Lindsell Train Investment Trust (The)  (LSE:LTI) 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.


Lindsell Train Investment Trust (The) Cash-to-Debt Related Terms

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Lindsell Train Investment Trust (The) (LSE:LTI) Business Description

Traded in Other Exchanges
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Lindsell Train Investment Trust (The) PLC is a UK-based investment trust company. Its primary investment objective is to maximize long-term total returns with a minimum objective to maintain the real purchasing power of Sterling capital. The company's investment policy is to invest in a wide range of financial assets including equities, unquoted equities, bonds, funds, cash and other financial investments globally with no limitations on the markets and sectors. It focuses on investing in a concentrated portfolio of securities with the number of equity investments averaging fifteen companies. The company holds a portfolio of equities across UK, USA, Japan, Europe.

Lindsell Train Investment Trust (The) (LSE:LTI) Headlines

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