Loungers (LSE:LGRS) Cash-to-Debt : 0.04 (As of Oct. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Loungers 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. Loungers's cash to debt ratio for the quarter that ended in Oct. 2023 was 0.04.

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, Loungers couldn't pay off its debt using the cash in hand for the quarter that ended in Oct. 2023.

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

LSE:LGRS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.09 Max: 0.21
Current: 0.04

During the past 7 years, Loungers's highest Cash to Debt Ratio was 0.21. The lowest was 0.02. And the median was 0.09.

LSE:LGRS's Cash-to-Debt is ranked worse than
88.89% of 342 companies
in the Restaurants industry
Industry Median: 0.405 vs LSE:LGRS: 0.04

Loungers Cash-to-Debt Historical Data

The historical data trend for Loungers'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.

Loungers Cash-to-Debt Chart

Loungers Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Cash-to-Debt

Get a 7-Day Free Trial

0.03

0.04

0.03

0.21

Loungers Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Cash-to-Debt	Get a 7-Day Free Trial									0.15	0.21	0.15	0.16	0.04

Competitive Comparison of Loungers's Cash-to-Debt

For the Restaurants subindustry, Loungers'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.

Loungers's Cash-to-Debt Distribution in the Restaurants Industry

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

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

Loungers 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.

Loungers's Cash to Debt Ratio for the fiscal year that ended in Apr. 2022 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)
	=	31.25	/	(8.475	+	143.402)
	=	0.21

Loungers's Cash to Debt Ratio for the quarter that ended in Oct. 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)
	=	5.741	/	(11.025	+	150.561)
	=	0.04

Loungers (LSE:LGRS) 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.

Loungers Cash-to-Debt Related Terms

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

Loungers (LSE:LGRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Loungers PLC (LSE:LGRS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LP0:Germany

Address

26 Baldwin Street, Bristol, GBR, BS1 1SE

Website

https://www.loungers.co.uk

Loungers PLC is an operator of cafe bars and restaurants. Geographically, it operates only in the United Kingdom. It generates revenue from the sale of food and drink.

Loungers (LSE:LGRS) Headlines

No Headlines