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Finnair Oyj (OHEL:FIA1S) Debt-to-Revenue : 0.74 (As of Mar. 2024)


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What is Finnair Oyj Debt-to-Revenue?

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

Finnair Oyj's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €333 Mil. Finnair Oyj's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,679 Mil. Finnair Oyj's annualized Revenue for the quarter that ended in Mar. 2024 was €2,726 Mil. Finnair Oyj's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.74.


Finnair Oyj Debt-to-Revenue Historical Data

The historical data trend for Finnair Oyj'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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Finnair Oyj Debt-to-Revenue Chart

Finnair Oyj 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 0.51 2.63 3.35 1.12 0.68

Finnair Oyj Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.91 0.79 0.73 0.70 0.74

Competitive Comparison of Finnair Oyj's Debt-to-Revenue

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj's Debt-to-Revenue Distribution in the Transportation Industry

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

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



Finnair Oyj Debt-to-Revenue Calculation

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

Finnair Oyj'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
=(284.4 + 1741.3) / 2988.5
=0.68

Finnair Oyj's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(333.1 + 1679.2) / 2726
=0.74

* 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 four times the quarterly (Mar. 2024) Revenue data.


Finnair Oyj Debt-to-Revenue Related Terms

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Finnair Oyj (OHEL:FIA1S) Business Description

Traded in Other Exchanges
Address
Tietotie 9 A Helsinki Airport, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. It is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, also its support services include catering services, Aircraft maintenance, ground handling, and Airline training.

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