LICT (LICT) Cash-to-Debt : 0.25 (As of Dec. 2018)

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What is LICT 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. LICT's cash to debt ratio for the quarter that ended in Dec. 2018 was 0.25.

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, LICT couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2018.

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

LICT's Cash-to-Debt is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 0.37
* Ranked among companies with meaningful Cash-to-Debt only.

LICT Cash-to-Debt Historical Data

The historical data trend for LICT'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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LICT Cash-to-Debt Chart

LICT Annual Data

Trend

Dec06

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Cash-to-Debt

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0.25

0.33

0.20

0.23

0.25

LICT Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Cash-to-Debt	Get a 7-Day Free Trial															0.23	0.35	0.39	0.71	0.25

Competitive Comparison of LICT's Cash-to-Debt

For the Telecom Services subindustry, LICT'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.

LICT's Cash-to-Debt Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, LICT's Cash-to-Debt distribution charts can be found below:

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

LICT 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.

LICT's Cash to Debt Ratio for the fiscal year that ended in Dec. 2018 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)
	=	7.732	/	(2.275	+	28.701)
	=	0.25

LICT's Cash to Debt Ratio for the quarter that ended in Dec. 2018 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)
	=	7.732	/	(2.275	+	28.701)
	=	0.25

LICT (OTCPK:LICT) 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.

LICT Cash-to-Debt Related Terms

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LICT (LICT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » LICT Corp (OTCPK:LICT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

401 Theodore Fremd Avenue, Rye, NY, USA, 10580-1430

Website

https://www.lictcorp.com

LICT Corp is a United States-based integrated provider of broadband, voice and video services. It provides high speed broadband services, including internet access, through fiber optic facilities, copper-based digital subscriber lines, fixed wireless, and coax cable via cable modems. The Company also provides a number of other services, including video services through both traditional cable television services and internet protocol television services, Voice over Internet Protocol, wireless voice communications, and several related telecommunications services. On the voice side, the Company has traditionally operated as both a Rural Local Exchange Carrier and a Competitive Local Exchange Carrier.

Executives

Mario J Gabelli	director, 10 percent owner, officer: Chief Executive Officer	191 MASON STREET, GREENWICH CT 06830
Marc Gabelli	director, other: Resigned as director 5-6-04	401 THEODORE FREMD AVE, RYE NY 10580
Frederic V Salerno	director, other: Resigned as director on2-20-04	TWO PENNSYLVANIA PLAZA, NEW YORK NY 10121
Vincent S Tese	director, other: Resigned as director on2-20-04
Mjg Iv Limited Partnership	10 percent owner

LICT (LICT) Headlines

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