LAMF Global Ventures I (LAMF Global Ventures I) Cash-to-Debt : No Debt ⁽¹⁾ (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is LAMF Global Ventures I 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. LAMF Global Ventures I's cash to debt ratio for the quarter that ended in Dec. 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, LAMF Global Ventures I could pay off its debt using the cash in hand for the quarter that ended in Dec. 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 LAMF Global Ventures I's Cash-to-Debt or its related term are showing as below:

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

During the past 3 years, LAMF Global Ventures I's highest Cash to Debt Ratio was No Debt. The lowest was No Debt. And the median was No Debt.

LGVCU's Cash-to-Debt is ranked better than
99.82% of 558 companies
in the Diversified Financial Services industry
Industry Median: 2.565 vs LGVCU: No Debt

LAMF Global Ventures I Cash-to-Debt Historical Data

The historical data trend for LAMF Global Ventures I'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.

LAMF Global Ventures I Cash-to-Debt Chart

LAMF Global Ventures I Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

No Debt

LAMF Global Ventures I Quarterly Data
	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial					No Debt	No Debt	No Debt	No Debt	No Debt

Competitive Comparison of LAMF Global Ventures I's Cash-to-Debt

For the Shell Companies subindustry, LAMF Global Ventures I'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.

LAMF Global Ventures I's Cash-to-Debt Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, LAMF Global Ventures I's Cash-to-Debt distribution charts can be found below:

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

LAMF Global Ventures I 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.

LAMF Global Ventures I's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

LAMF Global Ventures I had no debt ⁽¹⁾.

LAMF Global Ventures I's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

LAMF Global Ventures I had no debt ⁽¹⁾.

LAMF Global Ventures I (NAS:LGVCU) 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.

LAMF Global Ventures I Cash-to-Debt Related Terms

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

LAMF Global Ventures I (LAMF Global Ventures I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LAMF Global Ventures Corp I (NAS:LGVCU) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LGVC:USA

Address

9255 Sunset Blvd, Suite 515, West Hollywood, CA, USA, 90069

Website

https://lamfglobal.com

LAMF Global Ventures Corp I is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.