Lottery.com (Lottery.com) Cash-to-Debt : 0.06 (As of Dec. 2023)

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What is Lottery.com 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. Lottery.com's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.06.

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, Lottery.com couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LTRY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 8.66
Current: 0.06

During the past 5 years, Lottery.com's highest Cash to Debt Ratio was 8.66. The lowest was 0.01. And the median was 0.06.

LTRY's Cash-to-Debt is ranked worse than
87.36% of 823 companies
in the Travel & Leisure industry
Industry Median: 0.58 vs LTRY: 0.06

Lottery.com Cash-to-Debt Historical Data

The historical data trend for Lottery.com'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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Lottery.com Cash-to-Debt Chart

Lottery.com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.01

0.18

8.66

0.03

0.06

Lottery.com Quarterly Data
	Dec19	Jun20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial										0.03	0.01	0.01	0.01	0.06

Competitive Comparison of Lottery.com's Cash-to-Debt

For the Gambling subindustry, Lottery.com'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.

Lottery.com's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Lottery.com's Cash-to-Debt distribution charts can be found below:

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

Lottery.com 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.

Lottery.com'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)
	=	0.36	/	(6.076	+	0)
	=	0.06

Lottery.com's Cash to Debt Ratio for the quarter 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)
	=	0.36	/	(6.076	+	0)
	=	0.06

Lottery.com (NAS:LTRY) 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.

Lottery.com Cash-to-Debt Related Terms

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

Lottery.com (Lottery.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Lottery.com Inc (NAS:LTRY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

20808 State Highway, 71 W, Unit B, Spicewood, TX, USA, 78669

Website

https://www.lottery.com

Lottery.com Inc is a technology company that is transforming how, where, and when the lottery is played. Its engaging mobile and online platforms enable players and commercial partners located in the U.S. and internationally to remotely purchase legally sanctioned lottery games. It offers more than 800 lottery games from more than 40 countries. Additionally, through WinTogether.org, the firm is fundamentally changing how non-profit donors are incentivized to action by gasifying charitable giving. In all that its mission remains the same: an uncompromising passion to innovate, grow a new demographic of enthusiasts, deliver responsible and trusted solutions, and promote community and philanthropic initiatives.

Executives

Robert J Stubblefield	officer: Chief Financial Officer	C/O LOTTERY.COM, INC., 20808 STATE HWY 71 W, UNIT B, SPICEWOOD TX 78669
Ald Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Woodford Eurasia Assets Ltd.	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mc Holdings Group, Llc	10 percent owner	10 FOSTER LANE, 3RD FLOOR, LONDON X0 EC2V 6HR
Mark John Gustavson	officer: Chief Executive Officer	3/3 GREENE STREET, MILL VALLEY CA 94941
Thompson William C Jr	director	6650 EL CAMINO ROAD, LAS VEGAS NV 89118
Kathryn S Lever	officer: CLO & Secretary	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Steven Michael Cohen	director	35 EAST 62ND STREET, NEW YORK NM 10065
Richard Kivel	director	C/O REXAHN PHARMACEUTICALS, INC., 15245 SHADY GROVE ROAD, SUITE 455, ROCKVILLE MD 20850
Dimatteo Lawrence Anthony Iii	director, 10 percent owner, officer: Chief Executive Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Lisa M. Borders	director	C/O J.P. MORGAN PRIVATE INVESTMENTS INC., 383 MADISON AVENUE, NEW YORK NY 10179
Joseph Kaminkow	director	701 BRICKELL AVENUE SUITE 1550, MIAMI FL 33131
Ryan Dickinson	officer: Acting CFO; COO, PRES & TREAS	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Matthew Clemenson	director, 10 percent owner, officer: Chief Commercial Officer	20808 STATE HWY 71 W. UNIT B, SPICEWOOD TX 78669
Glazer Capital, Llc	10 percent owner	250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019