AirSculpt Technologies (AirSculpt Technologies) Cash-to-Debt : 0.10 (As of Dec. 2023)

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What is AirSculpt Technologies 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. AirSculpt Technologies's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.10.

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

AIRS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.09 Med: 0.11 Max: 0.25
Current: 0.1

During the past 5 years, AirSculpt Technologies's highest Cash to Debt Ratio was 0.25. The lowest was 0.09. And the median was 0.11.

AIRS's Cash-to-Debt is ranked worse than
81.87% of 662 companies
in the Healthcare Providers & Services industry
Industry Median: 0.69 vs AIRS: 0.10

AirSculpt Technologies Cash-to-Debt Historical Data

The historical data trend for AirSculpt Technologies'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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AirSculpt Technologies Cash-to-Debt Chart

AirSculpt Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.11

0.21

0.25

0.09

0.10

AirSculpt Technologies Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial											0.09	0.10	0.19	0.09	0.10

Competitive Comparison of AirSculpt Technologies's Cash-to-Debt

For the Medical Care Facilities subindustry, AirSculpt Technologies'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.

AirSculpt Technologies's Cash-to-Debt Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AirSculpt Technologies's Cash-to-Debt distribution charts can be found below:

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

AirSculpt Technologies 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.

AirSculpt Technologies'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)
	=	10.262	/	(7.5	+	92.168)
	=	0.10

AirSculpt Technologies'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)
	=	10.262	/	(7.5	+	92.168)
	=	0.10

AirSculpt Technologies (NAS:AIRS) 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.

AirSculpt Technologies Cash-to-Debt Related Terms

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AirSculpt Technologies (AirSculpt Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AirSculpt Technologies Inc (NAS:AIRS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

1111 Lincoln Road, Suite 802, Miami Beach, FL, USA, 33139

Website

https://www.elitebodysculpture.com

AirSculpt Technologies Inc is a national provider of body contouring procedures delivering a premium consumer experience under our brand Elite Body Sculpture. At Elite Body Sculpture, company provide custom body contouring using proprietary AirSculpt method that removes unwanted fat in a minimally invasive procedure, producing dramatic results. Its mission is to generate the best results for patients.

Executives

Todd Magazine	director, officer: President and CEO	1111 LINCOLN ROAD, SUITE 802, MIAMI BEACH FL 33139
Thomas J Aaron	director	4000 MERIDIAN BOULEVARD, FRANKLIN TN 37067
Dennis Dean	officer: Chief Financial Officer	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Caroline Chu	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Kenneth Higgins	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Aaron Rollins	director, 10 percent owner, officer: Chief Executive Officer	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Adam T Feinstein	director, 10 percent owner	40 BURTON HILLS BOULEVARD SUITE 500, NASHVILLE TN 37215
Ronald P. Zelhof	officer: COO and President	310 SEVEN SPRINGS WAY, SUITE 500, BRENTWOOD TN 37027
Pamela L. Netzky	director	C/O AMPLIFY SNACK BRANDS, INC., 500 WEST 5TH STREET, AUSTIN TX 78701
Daniel Sollof	director	400 ALTON ROAD, UNIT TH-103M, MIAMI BEACH FL 33139
Vscp Ebs Aggregator, L.p.	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013
Ebs Aggregator Blocker Holdings, Llc	director, 10 percent owner	428 GREENWICH STREET, NEW YORK NY 10013