Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Cash-to-Debt : 0.71 (As of Dec. 2019)

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What is Ladenburg Thalmann Financial 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. Ladenburg Thalmann Financial Services's cash to debt ratio for the quarter that ended in Dec. 2019 was 0.71.

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, Ladenburg Thalmann Financial Services couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2019.

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

LTS's Cash-to-Debt is not ranked ^*
in the Capital Markets industry.
Industry Median: 1.91
* Ranked among companies with meaningful Cash-to-Debt only.

Ladenburg Thalmann Financial Services Cash-to-Debt Historical Data

The historical data trend for Ladenburg Thalmann Financial 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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Ladenburg Thalmann Financial Services Cash-to-Debt Chart

Ladenburg Thalmann Financial Services Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Cash-to-Debt

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2.20

3.75

1.78

0.72

0.71

Ladenburg Thalmann Financial Services Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Cash-to-Debt	Get a 7-Day Free Trial															0.72	0.56	0.68	0.72	0.71

Competitive Comparison of Ladenburg Thalmann Financial Services's Cash-to-Debt

For the Capital Markets subindustry, Ladenburg Thalmann Financial 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.

Ladenburg Thalmann Financial Services's Cash-to-Debt Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Ladenburg Thalmann Financial Services's Cash-to-Debt distribution charts can be found below:

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

Ladenburg Thalmann Financial 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.

Ladenburg Thalmann Financial Services's Cash to Debt Ratio for the fiscal year that ended in Dec. 2019 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)
	=	248.772	/	(0	+	348.953)
	=	0.71

Ladenburg Thalmann Financial Services's Cash to Debt Ratio for the quarter that ended in Dec. 2019 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)
	=	248.772	/	(0	+	348.953)
	=	0.71

Ladenburg Thalmann Financial Services (AMEX:LTS) 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.

Ladenburg Thalmann Financial Services Cash-to-Debt Related Terms

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

Ladenburg Thalmann Financial Services (Ladenburg Thalmann Financial Services) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Ladenburg Thalmann Financial Services Inc (AMEX:LTS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

LTSA.PFD:USA

Address

4400 Biscayne Boulevard, 12th Floor, Miami, FL, USA, 33137

Website

https://www.ladenburg.com

Ladenburg Thalmann Financial Services Inc is a United States-based company that provides diversified financial services. The company conducts operations through a number of subsidiaries, with three operating segments. The independent brokerage and advisory services segment consists of broker-dealer and investment advisory services, along with wealth-management services. The Ladenburg segment comprises investment banking, sales and trading and asset management services, and investment activities. The insurance brokerage segment comprises wholesale insurance brokerage activities. The company generates the majority of revenue from the independent brokerage and advisory services segment. Its business is concentrated in the United States.

Executives

Howard M Lorber	other: Former Director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Henry C Beinstein	other: Former Director	8 DOGWOOD LANE, LARCHMONT NY 10538-3418
Richard M Krasno	other: Former Director	C/O OPKO HEALTH, INC., 4400 BISCAYNE BLVD., MIAMI FL 31337
Brett Kaufman	officer: Senior Vice President and CFO	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Glenn C Davis	other: Former Director	4400 BISCAYNE BOULEVARD, 12TH FLOOR, MIAMI FL 33137
Michael Liebowitz	other: Former Director	4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Richard Lampen	other: Former Director and Officer	4400 BISCAYNE BLVD.; 10TH FLOOR, MIAMI FL 33137
Mark Zeitchick	other: Former Director and Officer	GBI CAPITAL MANAGEMENT CORP, 1055 STEWART AVE, BETHPAGE NY 11714
Brian S Genson	other: Former Director
Jacqueline M Simkin	other: Former Director	801 BRICKELL AVENUE, SUITE 2350, MIAMI FL 33131
Adam Scott Malamed	other: Former Director and Officer	4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Joseph Giovanniello	other: Former Officer	520 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10022
Frost Phillip Md Et Al	other: Former 10% Owner	4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Frost Nevada Investments Trust	other: Former 10% Owner	4400 BISCAYNE BOULEVARD, 15TH FLOOR, MIAMI FL 33137
Vector Group Ltd	10 percent owner	4400 BISCAYNE BOULEVARD, 10TH FLOOR, MIAMI FL 33137