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Life Time Group Holdings (Life Time Group Holdings) Cash-to-Debt : 0.00 (As of Mar. 2024)


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What is Life Time Group Holdings 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. Life Time Group Holdings's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Life Time Group Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

During the past 6 years, Life Time Group Holdings's highest Cash to Debt Ratio was 0.03. The lowest was 0.00. And the median was 0.01.

LTH's Cash-to-Debt is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.595
* Ranked among companies with meaningful Cash-to-Debt only.

Life Time Group Holdings Cash-to-Debt Historical Data

The historical data trend for Life Time Group Holdings'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.

Life Time Group Holdings Cash-to-Debt Chart

Life Time Group Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
Get a 7-Day Free Trial 0.01 0.01 0.01 0.01 0.01

Life Time Group Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.01 0.01 0.01 0.01 -

Competitive Comparison of Life Time Group Holdings's Cash-to-Debt

For the Leisure subindustry, Life Time Group Holdings'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.

Life Time Group Holdings's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Life Time Group Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Life Time Group Holdings's Cash-to-Debt falls into.


Life Time Group Holdings 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.

Life Time Group Holdings'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)
=29.966 / (132.612 + 4127.89)
=0.01

Life Time Group Holdings'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)
=18.598 / (84.033 + 4241.916)
=0.00

* 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.

Life Time Group Holdings  (NYSE:LTH) 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.

Life Time Group Holdings Cash-to-Debt Related Terms

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

Life Time Group Holdings (Life Time Group Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Time Group Holdings Inc (NYSE:LTH) » Definitions » Cash-to-Debt
Comparable Companies
MODG FUN SIX PTON SEAS BOWL VSTO MSGE GOLF OSW TSE:4661 HKSE:02020 TSE:7832 TSE:7309 HKSE:02331 MAT HAS PLNT TSE:7951 LSE:GAW
Traded in Other Exchanges
N/A
Address
2902 Corporate Place, Chanhassen, MN, USA, 55317
Website
https://www.lifetime.life
Life Time Group Holdings Inc is engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centres in a resort-like environment, principally in residential locations of metropolitan areas in the United States and Canada.
Executives
Bahram Akradi director, 10 percent owner, officer: Founder & CEO 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Erik Weaver officer: SVP & Controller C/O ORTHO-CLINICAL DIAGNOSTICS, INC., 1001 ROUTE 202, RARITAN NJ 08869
Robert P. Houghton officer: EVP & CHIEF FINANCIAL OFFICER 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Teacher Retirement System Of Texas other: Member of a group that is 10% 1000 RED RIVER STREET, AUSTIN TX 78701
Donna Coallier director 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Jon Winkelried 10 percent owner C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc 10 percent owner 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jimena Almendares director C/O LIFE TIME GROUP HOLDINGS, INC., 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Lnk Life Time Fund, L.p. director, 10 percent owner 81 MAIN STREET, WHITE PLAINS NY 10601
Partners Group Private Equity (master Fund), Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 37TH FLOOR, NEW YORK NY 10036
Green Ltf Holdings Ii Lp director, 10 percent owner 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Simon Property Group Inc /de/ 10 percent owner 225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
John Kristofer Galashan director, 10 percent owner LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jss Ltf Holdings Ltd 10 percent owner MARCY BUILDING, PURCELL ESTATE, P.O. BOX 2416, ROAD TOWN, TORTOLA D8 VG1110
Lifeco Llc 10 percent owner 499 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022