Airship AI Holdings (Airship AI Holdings) Cash-to-Debt : 0.79 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Airship AI Holdings 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. Airship AI Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.79.

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

AISP' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.24 Med: 0.79 Max: 1.18
Current: 0.79

During the past 3 years, Airship AI Holdings's highest Cash to Debt Ratio was 1.18. The lowest was 0.24. And the median was 0.79.

AISP's Cash-to-Debt is ranked worse than
69.38% of 2805 companies
in the Software industry
Industry Median: 2.57 vs AISP: 0.79

Airship AI Holdings Cash-to-Debt Historical Data

The historical data trend for Airship AI 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.

* Premium members only.

Airship AI Holdings Cash-to-Debt Chart

Airship AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Cash-to-Debt

1.18

0.24

0.79

Airship AI Holdings Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	1.18	N/A	0.24	0.90	0.79

Competitive Comparison of Airship AI Holdings's Cash-to-Debt

For the Software - Infrastructure subindustry, Airship AI 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.

Airship AI Holdings's Cash-to-Debt Distribution in the Software Industry

For the Software industry and Technology sector, Airship AI Holdings's Cash-to-Debt distribution charts can be found below:

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

Airship AI 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.

Airship AI Holdings'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)
	=	3.124	/	(3	+	0.944)
	=	0.79

Airship AI 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)
	=	3.124	/	(3	+	0.944)
	=	0.79

Airship AI Holdings (NAS:AISP) 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.

Airship AI Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Airship AI Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Airship AI Holdings (Airship AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Airship AI Holdings Inc (NAS:AISP) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

12226 134th Court NE, Redmond, WA, USA, 98052

Website

https://www.airship.ai

Airship AI Holdings Inc is a U.S.-owned and operated technology company. Airship AI is an AI-driven video, sensor and data management surveillance platform that improves public safety and operational efficiency for public sector and commercial customers by providing predictive analysis of events before it occur and meaningful intelligence to decision makers. Its platform is specifically developed for law enforcement, military, and commercial enterprise organizations that operate in mission-critical environments where failure is not an option.

Airship AI Holdings (Airship AI Holdings) Headlines

From GuruFocus

Thinking about buying stock in Mediwound, AeroVironment, Airship AI, Lyell Immunopharma, or Sunshine Biopharma?

By PRNewswire • 03-06-2024