Kobenhavns Lufthavne (OCSE:KBHL) Cash-to-Debt : 0.01 (As of Mar. 2024)

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What is Kobenhavns Lufthavne 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. Kobenhavns Lufthavne's cash to debt ratio for the quarter that ended in Mar. 2024 was 0.01.

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, Kobenhavns Lufthavne 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 Kobenhavns Lufthavne's Cash-to-Debt or its related term are showing as below:

OCSE:KBHL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.03
Current: 0.01

During the past 13 years, Kobenhavns Lufthavne's highest Cash to Debt Ratio was 0.03. The lowest was 0.00. And the median was 0.01.

OCSE:KBHL's Cash-to-Debt is ranked worse than
98.86% of 963 companies
in the Transportation industry
Industry Median: 0.48 vs OCSE:KBHL: 0.01

Kobenhavns Lufthavne Cash-to-Debt Historical Data

The historical data trend for Kobenhavns Lufthavne'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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Kobenhavns Lufthavne Cash-to-Debt Chart

Kobenhavns Lufthavne Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.01

0.03

Kobenhavns Lufthavne 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															0.01	0.01	0.01	-	0.01

Competitive Comparison of Kobenhavns Lufthavne's Cash-to-Debt

For the Airports & Air Services subindustry, Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne's Cash-to-Debt Distribution in the Transportation Industry

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

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

Kobenhavns Lufthavne 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.

Kobenhavns Lufthavne'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)
	=	42	/	(407	+	9253)
	=	0.00

Kobenhavns Lufthavne'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)
	=	72	/	(385	+	9482)
	=	0.01

Kobenhavns Lufthavne (OCSE:KBHL) 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.

Kobenhavns Lufthavne Cash-to-Debt Related Terms

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

Kobenhavns Lufthavne (OCSE:KBHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Kobenhavns Lufthavne (OCSE:KBHL) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

KLH:Germany

Address

Lufthavnsboulevarden 6, Kastrup, DNK, 2770

Website

https://www.cph.dk

Kobenhavns Lufthavne formerly Copenhagen Airports A/S owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two segments; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.

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