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Aegean Airlines (ATH:AEGN) Debt-to-Revenue : 0.55 (As of Dec. 2023)


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What is Aegean Airlines Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Aegean Airlines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €118 Mil. Aegean Airlines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,003 Mil. Aegean Airlines's annualized Revenue for the quarter that ended in Dec. 2023 was €2,030 Mil. Aegean Airlines's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.55.


Aegean Airlines Debt-to-Revenue Historical Data

The historical data trend for Aegean Airlines's Debt-to-Revenue 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.

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Aegean Airlines Debt-to-Revenue Chart

Aegean Airlines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.41 2.08 1.13 0.75 0.66

Aegean Airlines Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.73 1.01 0.57 0.82 0.55

Competitive Comparison of Aegean Airlines's Debt-to-Revenue

For the Airlines subindustry, Aegean Airlines's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Aegean Airlines's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Aegean Airlines's Debt-to-Revenue falls into.



Aegean Airlines Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Aegean Airlines's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(118.439 + 1003.09) / 1693.129
=0.66

Aegean Airlines's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(118.439 + 1003.09) / 2030.024
=0.55

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is two times the quarterly (Dec. 2023) Revenue data.


Aegean Airlines Debt-to-Revenue Related Terms

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Aegean Airlines (ATH:AEGN) Business Description

Traded in Other Exchanges
Address
Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019
Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.