Nok Airlines PCL (Nok Airlines PCL) Cash-to-Debt : 0.09 (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Nok Airlines 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. Nok Airlines PCL's cash to debt ratio for the quarter that ended in Jun. 2023 was 0.09.

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, Nok Airlines PCL couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2023.

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

NOKPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.5 Max: No Debt
Current: 0.09

During the past 13 years, Nok Airlines PCL's highest Cash to Debt Ratio was No Debt. The lowest was 0.06. And the median was 1.50.

NOKPF's Cash-to-Debt is ranked worse than
85.63% of 967 companies
in the Transportation industry
Industry Median: 0.49 vs NOKPF: 0.09

Nok Airlines PCL Cash-to-Debt Historical Data

The historical data trend for Nok Airlines 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.

* Premium members only.

Nok Airlines PCL Cash-to-Debt Chart

Nok Airlines PCL Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

Get a 7-Day Free Trial

0.60

0.35

0.17

0.13

0.06

Nok Airlines PCL Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															0.11	0.13	0.09	0.06	0.09

Competitive Comparison of Nok Airlines PCL's Cash-to-Debt

For the Airlines subindustry, Nok Airlines 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.

Nok Airlines PCL's Cash-to-Debt Distribution in the Transportation Industry

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

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

Nok Airlines 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.

Nok Airlines PCL'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)
	=	19.504	/	(29.515	+	319.004)
	=	0.06

Nok Airlines PCL's Cash to Debt Ratio for the quarter that ended in Jun. 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)
	=	32.303	/	(28.322	+	315.485)
	=	0.09

Nok Airlines PCL (OTCPK:NOKPF) 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.

Nok Airlines PCL Cash-to-Debt Related Terms

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

Nok Airlines PCL (Nok Airlines PCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Nok Airlines PCL (OTCPK:NOKPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

Vibhavadi Rangsit Road, Central Building, Room No. 4235, 4th Floor, 222 Don Mueang International Airport, Sanambin Sub-district, Don Mueang District, Bangkok, THA, 10210

Website

https://www.nokair.com

Nok Airlines PCL is a Thailand-based company. It is engaged in providing air transport services for passengers. The company operates in two business segments which is Domestic Air Services and International Air Services. The Domestic Air Services business segment generates the maximum revenue for the company.

Nok Airlines PCL (Nok Airlines PCL) Headlines

No Headlines