ANA Holdings (ANA Holdings) Cash-to-Debt

: 0.85 (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. ANA Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.85.

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

ALNPF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.31 Med: 0.47 Max: 0.85
Current: 0.85

During the past 13 years, ANA Holdings's highest Cash to Debt Ratio was 0.85. The lowest was 0.31. And the median was 0.47.

ALNPF's Cash-to-Debt is ranked better than
62.8% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs ALNPF: 0.85

ANA Holdings Cash-to-Debt Historical Data

The historical data trend for ANA 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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ANA Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.41

0.31

0.58

0.54

0.74

ANA Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.67	0.74	0.80	0.84	0.85

Competitive Comparison

For the Airlines subindustry, ANA 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.

ANA Holdings Cash-to-Debt Distribution

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

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

ANA 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.

ANA 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)
	=	8855.94	/	(1569.978	+	10459.547)
	=	0.74

ANA 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)
	=	9022.18	/	(1834.02	+	8792.088)
	=	0.85

ANA Holdings (OTCPK:ALNPF) 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.

ANA Holdings Cash-to-Debt Related Terms

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ANA Holdings (ANA Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ANA Holdings Inc (OTCPK:ALNPF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ALNPY:USA 9202:Japan ANCA:Germany

Address

Shiodome-City Center, 1-5-2 Higashi-Shimbashi, Minato-ku, Tokyo, JPN, 105-7140

Website

http://www.ana.co.jp

ANA Holdings is the holding firm of Japan's largest airline, All Nippon Airways. Besides the flagship carrier, ANA also owns discount airline Peach Aviation, Hokkaido-based Air Do, and airfreight carrier Nippon Cargo Airlines. In February 2024, it will launch Air Japan to provide discount airline services to Southeast Asia. Pre-COVID-19, passenger transport made up over 50% of group revenue, split almost equally between domestic and international passenger routes while cargo revenue made up 4%-5%. Its primary hub is Tokyo's Narita International Airport, but it is also expanding routes from Haneda Airport. ANA has minor stakes in Philippine Airlines, Vietnam Airlines, and IHG ANA Hotels Group Japan. The latter is a hotel chain in Japan owned and operated by InterContinental Hotels Group.

ANA Holdings (ANA Holdings) Headlines

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