Groupe Airwell (XPAR:ALAIR) Cash-to-Debt : 0.54 (As of Dec. 2023)

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What is Groupe Airwell 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. Groupe Airwell's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.54.

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, Groupe Airwell couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

XPAR:ALAIR' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.08 Med: 0.3 Max: 0.54
Current: 0.54

During the past 5 years, Groupe Airwell's highest Cash to Debt Ratio was 0.54. The lowest was 0.08. And the median was 0.30.

XPAR:ALAIR's Cash-to-Debt is ranked worse than
62.5% of 416 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.99 vs XPAR:ALAIR: 0.54

Groupe Airwell Cash-to-Debt Historical Data

The historical data trend for Groupe Airwell'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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Groupe Airwell Cash-to-Debt Chart

Groupe Airwell Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.08

0.23

0.30

0.45

0.54

Groupe Airwell Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial			0.30	0.10	0.45	0.71	0.54

Competitive Comparison of Groupe Airwell's Cash-to-Debt

For the Furnishings, Fixtures & Appliances subindustry, Groupe Airwell'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.

Groupe Airwell's Cash-to-Debt Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Groupe Airwell's Cash-to-Debt distribution charts can be found below:

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

Groupe Airwell 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.

Groupe Airwell'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)
	=	2.07	/	(0	+	3.844)
	=	0.54

Groupe Airwell's Cash to Debt Ratio for the quarter 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)
	=	2.07	/	(0	+	3.844)
	=	0.54

Groupe Airwell (XPAR:ALAIR) 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.

Groupe Airwell Cash-to-Debt Related Terms

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Groupe Airwell (XPAR:ALAIR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Groupe Airwell (XPAR:ALAIR) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 rue du Fort Saint-Cyr, Montigny Le Bretonneux, FRA, 78180

Website

https://www.airwell.com

Groupe Airwell is a French air-conditioning brand. It is specialized in the distribution of air-conditioning, heating, and ventilation equipment and systems for the residential and tertiary markets. The group offers small, medium and large power products to ensure the thermal comfort of homes, office spaces, shopping malls, public buildings, etc. The products are marketed to wholesalers/distributors and installers.

Groupe Airwell (XPAR:ALAIR) Headlines

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