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Lever Global (Lever Global) Cash-to-Debt : 0.00 (As of Mar. 2024)


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What is Lever 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. Lever Global'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, Lever Global 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 Lever Global's Cash-to-Debt or its related term are showing as below:

During the past 2 years, Lever Global's highest Cash to Debt Ratio was 1.05. The lowest was 0.00. And the median was 1.05.

LVER's Cash-to-Debt is not ranked *
in the Software industry.
Industry Median: 2.45
* Ranked among companies with meaningful Cash-to-Debt only.

Lever Global Cash-to-Debt Historical Data

The historical data trend for Lever 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.

* Premium members only.

Lever Global Cash-to-Debt Chart

Lever Global Annual Data
Trend Dec22 Dec23
Cash-to-Debt
1.05 0.03

Lever Global Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cash-to-Debt Get a 7-Day Free Trial N/A - 1.05 0.03 -

Competitive Comparison of Lever Global's Cash-to-Debt

For the Software - Application subindustry, Lever 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.

Lever Global's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Lever Global's Cash-to-Debt distribution charts can be found below:

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


Lever 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.

Lever Global'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)
=0.008 / (0.313 + 0)
=0.03

Lever Global'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)
=0 / (0.332 + 0)
=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.

Lever Global  (OTCPK:LVER) 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.

Lever Global Cash-to-Debt Related Terms

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

Lever Global (Lever Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lever Global Corp (OTCPK:LVER) » Definitions » Cash-to-Debt
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Level 11, 9255 West Sunset Boulevard, West Hollywood, CA, USA, 90069
Website
Lever Global Corp is a fintech-driven consumer liabilities and debt management company. Its App allows the subscribers to analyze their existing student loans and recommend programs the US Department of Education offers after the initial assessment and processes enrolments into these programs. The App provides a list of qualified federal programs. The subscribers can digitally enroll in these programs by uploading or self-declaring their W-2, wage, or tax statements through the App.