LSI Industries (LSI Industries) Cash-to-Debt

: 0.08 (As of Dec. 2023)

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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. LSI Industries's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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, LSI Industries 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 LSI Industries's Cash-to-Debt or its related term are showing as below:

LYTS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: No Debt
Current: 0.08

During the past 13 years, LSI Industries's highest Cash to Debt Ratio was No Debt. The lowest was 0.01. And the median was 0.10.

LYTS's Cash-to-Debt is ranked worse than
95.3% of 2469 companies
in the Hardware industry
Industry Median: 1.38 vs LYTS: 0.08

LSI Industries Cash-to-Debt Historical Data

The historical data trend for LSI Industries'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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LSI Industries Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.02

0.31

0.03

0.04

LSI Industries Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt																0.04	0.02	0.04	0.09	0.08

Competitive Comparison

For the Electronic Components subindustry, LSI Industries'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.

LSI Industries Cash-to-Debt Distribution

For the Hardware industry and Technology sector, LSI Industries's Cash-to-Debt distribution charts can be found below:

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

LSI Industries 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.

LSI Industries's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	1.828	/	(7.421	+	38.543)
	=	0.04

LSI Industries'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)
	=	2.66	/	(7.63	+	25.601)
	=	0.08

LSI Industries (NAS:LYTS) 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.

LSI Industries Cash-to-Debt Related Terms

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LSI Industries (LSI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » LSI Industries Inc (NAS:LYTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LS2:Germany LS2:Germany

Address

10000 Alliance Road, Cincinnati, OH, USA, 45242

Website

https://www.lsicorp.com

LSI Industries Inc provides corporate visual image solutions to the petroleum and convenience store industry. The company's operating segments include Lighting and Display Solutions. It generates maximum revenue from the Lighting segment. Lighting Segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets including the petroleum/convenience store, quick-service, and automotive markets. The Display Solutions Segment manufactures, sells and installs exterior and interior visual image and display elements, including printed graphics, structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements.

Executives

James E Galeese	officer: Executive VP; CFO	LSI INDUSTRIES INC., 10000 ALLIANCE RD, CINCINNATI OH 45242
James Anthony Clark	officer: CEO and President	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Jeffery S. Bastian	officer: Chief Accounting Officer	C/O LSI INDUSTRIES, 10000 ALLIANCE RD., CINCINNATI OH 45242
Thomas A Caneris	officer: Sr. VP, HR and General Counsel	1901 CAMPUS PLACE, LOUISVILLE KY 40299
Michael A. Prachar	officer: Chief Marketing Officer	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Ronald D Brown	director	2090 FLORENCE AVENUE, CINCINNATI OH 45206
Amy Hanson	director	C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Chantel E Lenard	director	1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Robert P. Beech	director	9938 ZIG ZAG ROAD, CINCINNATI OH 45242
Marshall Ernest W Jr	director	1000 EATON BLVD, CLEVELAND OH 44122
Steve A. Brunker	officer: CIO	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Sylvia M. Astrop	officer: SVP Global Sourcing	10000 ALLIANCE ROAD, CINCINNATI OH 45242
John K Morgan	director	1310 SEABOARD INDUSTRIAL BLVD, ATLANTA GA 30318
Michael C Beck	officer: Sr Vice President - Operations	10000 ALLIANCE ROAD, CINCINNATI OH 45242
Crawford C. Lipsey	officer: Interim President and COO	10000 ALLIANCE ROAD, CINCINNATI OH 45242