Ryanair Holdings (Ryanair Holdings) Cash-to-Debt

: 1.05 (As of Dec. 2023)

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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. Ryanair Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 1.05.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Ryanair Holdings could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

RYAAY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.57 Med: 0.9 Max: 1.29
Current: 1.05

During the past 13 years, Ryanair Holdings's highest Cash to Debt Ratio was 1.29. The lowest was 0.57. And the median was 0.90.

RYAAY's Cash-to-Debt is ranked better than
67.98% of 968 companies
in the Transportation industry
Industry Median: 0.49 vs RYAAY: 1.05

Ryanair Holdings Cash-to-Debt Historical Data

The historical data trend for Ryanair Holdings'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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Ryanair Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

0.87

0.90

0.57

0.71

1.13

Ryanair Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Cash-to-Debt																0.89	0.81	1.13	1.29	1.05

Competitive Comparison

For the Airlines subindustry, Ryanair Holdings'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.

Ryanair Holdings Cash-to-Debt Distribution

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

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

Ryanair Holdings 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.

Ryanair Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	4984.475	/	(1177.623	+	3229.443)
	=	1.13

Ryanair Holdings'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)
	=	3160.414	/	(119.956	+	2903.817)
	=	1.05

Ryanair Holdings (NAS:RYAAY) 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.

Ryanair Holdings Cash-to-Debt Related Terms

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Ryanair Holdings (Ryanair Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ryanair Holdings PLC (NAS:RYAAY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

RYAOF:USA RYAAY:Mexico RYA:Ireland 0RYAl:UK 0RYA:UK RY4C:Germany RY4D:Germany RY4C:Germany RY4D:Germany RY4C:Germany R1YA34:Brazil

Address

Airside Business Park, Swords, Dublin, IRL, K67 NY94

Website

https://www.ryanair.com

Ryanair Holdings PLC is the leading airline group by passenger numbers in Europe. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul intra-European routes. In 2020, the most recent pre-pandemic fiscal year, the company carried 149 million passengers, utilizing a fleet of 467 Boeing 737 aircraft across its 1,800 routes. To keep costs low the company serves predominantly lower-cost secondary airports. The company generated sales of EUR 8.5 billion in fiscal 2020.