Lycos Energy (TSXV:LCX) Cash-to-Debt : 8.89 (As of Dec. 2023)

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What is Lycos Energy 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. Lycos Energy's cash to debt ratio for the quarter that ended in Dec. 2023 was 8.89.

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, Lycos Energy could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

TSXV:LCX' s Cash-to-Debt Range Over the Past 10 Years
Min: 8.89 Med: No Debt Max: No Debt
Current: 8.89

During the past 3 years, Lycos Energy's highest Cash to Debt Ratio was No Debt. The lowest was 8.89. And the median was No Debt.

TSXV:LCX's Cash-to-Debt is ranked better than
76.72% of 1018 companies
in the Oil & Gas industry
Industry Median: 0.49 vs TSXV:LCX: 8.89

Lycos Energy Cash-to-Debt Historical Data

The historical data trend for Lycos Energy'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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Lycos Energy Cash-to-Debt Chart

Lycos Energy Annual Data

Trend

Oct21

Oct22

Dec23

Cash-to-Debt

No Debt

8.89

Lycos Energy Quarterly Data
	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				1,355.18	11.29	2.08	-	8.89

Competitive Comparison of Lycos Energy's Cash-to-Debt

For the Oil & Gas E&P subindustry, Lycos Energy'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.

Lycos Energy's Cash-to-Debt Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Lycos Energy's Cash-to-Debt distribution charts can be found below:

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

Lycos Energy 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.

Lycos Energy'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)
	=	3.822	/	(0.281	+	0.149)
	=	8.89

Lycos Energy'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)
	=	3.822	/	(0.281	+	0.149)
	=	8.89

Lycos Energy (TSXV:LCX) 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.

Lycos Energy Cash-to-Debt Related Terms

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

Lycos Energy (TSXV:LCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Lycos Energy Inc (TSXV:LCX) » Definitions » Cash-to-Debt

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Traded in Other Exchanges

G4P0:Germany

Address

333 7 Avenue SW, Calgary, AB, CAN, T2P 2Z1

Website

https://www.lycosenergy.com

Lycos Energy Inc is an oil-focused, exploration, development, and production company based in Calgary, Alberta, operating high-quality, heavy-oil, development assets in the Gull Lake area of southwest Saskatchewan and heavy-oil assets in the Lloydminster area.

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