Lombard et Medot (XPAR:MLCAC) Cash-to-Debt : 0.07 (As of Dec. 2022)

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What is Lombard et Medot 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. Lombard et Medot's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.07.

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, Lombard et Medot couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

XPAR:MLCAC' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.04 Max: 0.07
Current: 0.07

During the past 3 years, Lombard et Medot's highest Cash to Debt Ratio was 0.07. The lowest was 0.03. And the median was 0.04.

XPAR:MLCAC's Cash-to-Debt is ranked worse than
81.52% of 211 companies
in the Beverages - Alcoholic industry
Industry Median: 0.5 vs XPAR:MLCAC: 0.07

Lombard et Medot Cash-to-Debt Historical Data

The historical data trend for Lombard et Medot'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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Lombard et Medot Cash-to-Debt Chart

Lombard et Medot Annual Data

Trend

Dec20

Dec21

Dec22

Cash-to-Debt

0.04

0.03

0.07

Lombard et Medot Semi-Annual Data
	Dec20	Dec21	Dec22
Cash-to-Debt	0.04	0.03	0.07

Competitive Comparison of Lombard et Medot's Cash-to-Debt

For the Beverages - Wineries & Distilleries subindustry, Lombard et Medot'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.

Lombard et Medot's Cash-to-Debt Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Lombard et Medot's Cash-to-Debt distribution charts can be found below:

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

Lombard et Medot 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.

Lombard et Medot's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1.079	/	(0.007	+	16.43)
	=	0.07

Lombard et Medot's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1.079	/	(0.007	+	16.43)
	=	0.07

Lombard et Medot (XPAR:MLCAC) 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.

Lombard et Medot Cash-to-Debt Related Terms

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Lombard et Medot (XPAR:MLCAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Lombard et Medot (XPAR:MLCAC) » Definitions » Cash-to-Debt

Traded in Other Exchanges

N/A

Address

1 Rue Des Cotelles PB 118, Epernay, FRA, 51204

Website

http://www.champagne-lombard.com

Lombard et Medot operates in brewers industry. The company is engaged in the manufacturing, packaging, and distribution of champagne in France and other parts of the world.

Lombard et Medot (XPAR:MLCAC) Headlines

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