Bangkok Airways PCL (BKK:BA) Cash-to-Debt : 0.53 (As of Mar. 2024)

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What is Bangkok Airways PCL 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. Bangkok Airways PCL's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.53.

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, Bangkok Airways PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2024.

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

BKK:BA' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.44 Max: 1.03
Current: 0.53

During the past 13 years, Bangkok Airways PCL's highest Cash to Debt Ratio was 1.03. The lowest was 0.04. And the median was 0.44.

BKK:BA's Cash-to-Debt is ranked better than
53.17% of 963 companies
in the Transportation industry
Industry Median: 0.48 vs BKK:BA: 0.53

Bangkok Airways PCL Cash-to-Debt Historical Data

The historical data trend for Bangkok Airways PCL'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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Bangkok Airways PCL Cash-to-Debt Chart

Bangkok Airways PCL Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.53

0.10

0.08

0.20

0.47

Bangkok Airways PCL Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.24	0.30	0.43	0.47	0.53

Competitive Comparison of Bangkok Airways PCL's Cash-to-Debt

For the Airlines subindustry, Bangkok Airways PCL'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.

Bangkok Airways PCL's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Airways PCL's Cash-to-Debt distribution charts can be found below:

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

Bangkok Airways PCL 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.

Bangkok Airways PCL's Cash to Debt Ratio for the fiscal year 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)
	=	13628.793	/	(3851.389	+	25292.843)
	=	0.47

Bangkok Airways PCL's Cash to Debt Ratio for the quarter that ended in Mar. 2024 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)
	=	14898.383	/	(2640.455	+	25338.392)
	=	0.53

Bangkok Airways PCL (BKK:BA) 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.

Bangkok Airways PCL Cash-to-Debt Related Terms

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Bangkok Airways PCL (BKK:BA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Bangkok Airways PCL (BKK:BA) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

8BA:Germany

Address

99 Moo 14, Vibhavadirangsit Road, Chom Phon, Chatuchak, Bangkok, THA, 10900

Website

https://www.bangkokair.com

Bangkok Airways PCL provides airline, airport, and airport-related services including ground and passenger, in-flight catering, and cargo terminal services to its own flights and those of other airlines. It operates in three segments. The airline segment sells tickets and provides services to passengers. The airport segment provides location services for passengers and airlines. The supporting airline business segment, provides ground handling, cargo, and catering services for airlines and customers. The majority of revenue is from the Airline segment. It mainly operates in Thailand.