AirAsia X Bhd (XKLS:5238) Cash-to-Debt : 0.04 (As of Dec. 2023)

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What is AirAsia X Bhd 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. AirAsia X Bhd's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.04.

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, AirAsia X Bhd 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 AirAsia X Bhd's Cash-to-Debt or its related term are showing as below:

XKLS:5238' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.04 Med: 0.22 Max: 0.5
Current: 0.04

During the past 9 years, AirAsia X Bhd's highest Cash to Debt Ratio was 0.50. The lowest was 0.04. And the median was 0.22.

XKLS:5238's Cash-to-Debt is ranked worse than
93.91% of 969 companies
in the Transportation industry
Industry Median: 0.49 vs XKLS:5238: 0.04

AirAsia X Bhd Cash-to-Debt Historical Data

The historical data trend for AirAsia X Bhd'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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AirAsia X Bhd Cash-to-Debt Chart

AirAsia X Bhd Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.36

0.50

0.43

0.06

0.04

AirAsia X Bhd Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.14	0.17	0.19	0.08	0.04

Competitive Comparison of AirAsia X Bhd's Cash-to-Debt

For the Airlines subindustry, AirAsia X Bhd'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.

AirAsia X Bhd's Cash-to-Debt Distribution in the Transportation Industry

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

* The bar in red indicates where AirAsia X Bhd's Cash-to-Debt falls into.

AirAsia X Bhd 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.

AirAsia X Bhd'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)
	=	57.689	/	(152.392	+	1359.633)
	=	0.04

AirAsia X Bhd'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)
	=	57.689	/	(152.392	+	1359.633)
	=	0.04

AirAsia X Bhd (XKLS:5238) 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.

AirAsia X Bhd Cash-to-Debt Related Terms

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AirAsia X Bhd (XKLS:5238) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » AirAsia X Bhd (XKLS:5238) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

RedQ, Jalan Pekeliling 5, Lapangan Terbang Antarabangsa, KLIA, Kuala Lumpur, SGR, MYS, 64000

Website

http://www.airasiax.com

AirAsia X Bhd is a Malaysia-based long-haul airline company, engaged in providing long-haul air transportation services. It operates primarily in the Asia-Pacific region. The organization's reportable segments are classified as each company with an Air Operator Certificate held under the AirAsia brand, namely Malaysia, Thailand, and Indonesia. Thailand is the maximum revenue-generating segment for the company. It derives revenue through freight services, aircraft operating lease income, management fees, and through other ancillary activities. It also offers management logistical and marketing services and engine and aircraft leasing services.

AirAsia X Bhd (XKLS:5238) Headlines

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