Liquidity Services (Liquidity Services) Cash-to-Debt : 10.88 (As of Dec. 2023)

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What is Liquidity Services 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. Liquidity Services's cash to debt ratio for the quarter that ended in Dec. 2023 was 10.88.

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

LQDT' s Cash-to-Debt Range Over the Past 10 Years
Min: 3.92 Med: No Debt Max: No Debt
Current: 10.88

During the past 13 years, Liquidity Services's highest Cash to Debt Ratio was No Debt. The lowest was 3.92. And the median was No Debt.

LQDT's Cash-to-Debt is ranked better than
89.02% of 1102 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs LQDT: 10.88

Liquidity Services Cash-to-Debt Historical Data

The historical data trend for Liquidity Services'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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Liquidity Services Cash-to-Debt Chart

Liquidity Services Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

Get a 7-Day Free Trial

No Debt

6.72

7.41

6.88

11.06

Liquidity Services 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	Get a 7-Day Free Trial															6.08	8.24	9.52	11.06	10.88

Competitive Comparison of Liquidity Services's Cash-to-Debt

For the Internet Retail subindustry, Liquidity Services'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.

Liquidity Services's Cash-to-Debt Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Liquidity Services's Cash-to-Debt distribution charts can be found below:

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

Liquidity Services 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.

Liquidity Services's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	118.172	/	(4.101	+	6.581)
	=	11.06

Liquidity Services'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)
	=	107.037	/	(4.009	+	5.828)
	=	10.88

Liquidity Services (NAS:LQDT) 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.

Liquidity Services Cash-to-Debt Related Terms

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

Liquidity Services (Liquidity Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Liquidity Services Inc (NAS:LQDT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

L1S:Germany

Address

6931 Arlington Road, Suite 460, Bethesda, MD, USA, 20814

Website

https://www.liquidityservices.com

Liquidity Services Inc is an online auction marketplace. It manages and sells inventory and equipment for business and government clients by operating a network of e-commerce marketplaces that enable buyers and sellers to transact in an efficient, automated environment offering across different product categories. The company has four reportable segments: GovDeals, Capital Assets Group (CAG), Retail Supply Chain Group (RSCG), and Machinio. It generates majority of its revenue from Retail Supply Chain Group (RSCG) segment which consists of marketplaces that enable corporations located in the United States and Canada to sell excess, returned, and overstocked consumer goods. Geographically, a substantial portion the company's revenue is generated from its business in United States.

Executives

Steven Weiskircher	officer: SVP & CTO	6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Angrick William P Iii	director, 10 percent owner, officer: Chairman of the Board and CEO	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Novelette Murray	officer: Chief Human Resources Officer	6931 ARLINGTON ROAD SUITE 200, BETHESDA MD 20814
John Daunt	officer: EVP & COO	C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
George H Ellis	director	2911 TURTLE CREEK BOULEVARD, SUITE 1100, DALLAS TX 75219
Jorge Celaya	officer: EVP & Chief Financial Officer	1920 L STREET NW, 6TH FLOOR, WASHINGTON DC 20036
Katharin S Dyer	director	6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Thierno Amath Fall	director	6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Jaime Mateus-tique	director, 10 percent owner, officer: President and Chief Op Officer	1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Mark A Shaffer	officer: VP, Gen. Counsel & Secretary	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Edward Kolodzieski	director	C/O LIQUIDITY SERVICES, INC., 1920 L STREET, N.W., 6TH FLOOR, WASHINGTON DC 20036
Nicholas Rozdilsky	officer: Vice President, Marketing	C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Beatriz V Infante	director	4 TECHNOLOGY PARK DRIVE, SONUS NETWORKS, INC., WESTFORD MA 01886
Sam Guzman	officer: VP & Chief Accounting Officer	C/O 6931 ARLINGTON ROAD, SUITE 200, BETHESDA MD 20814
Michael Lutz	officer: VP, Human Resources	C/O 6931 ARLINGTON ROAD, BETHESDA MD 20814