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Airports Of ThailandAPTPF 89 Cash-to-Debt is 0.40 as of Mar. 2026, which is 9% below its 10-year median of 0.44. GuruFocus rates APTPF with a GF Score™ of 89/100 and a GF Value™ of $1.31 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 995 Transportation companies, Airports Of Thailand ranks worse than 54.47% on this metric.
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. Airports Of Thailand's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.40.
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, Airports Of Thailandcouldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.
The historical rank and industry rank for Airports Of Thailand's Cash-to-Debt or its related term are showing as below:
APTPF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 0.44 Max: 6.05
Current: 0.4
During the past 13 years, Airports Of Thailand's highest Cash to Debt Ratio was 6.05. The lowest was 0.06. And the median was 0.44.
APTPF's Cash-to-Debt is ranked worse than 54.47% of 995
companies
in the Transportation industry
Industry Median: 0.47
vs APTPF: 0.40
Airports Of Thailand (OTCPK:APTPF) 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.
Airports Of Thailand Cash-to-Debt Related Terms
Airports Of Thailand Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Airports Of Thailand'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.
For the Airports & Air Services subindustry, Airports Of Thailand'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.
Airports Of Thailand Cash-to-Debt vs Transportation Industry
For the Transportation industry and Industrials sector, Airports Of Thailand's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Airports Of Thailand's Cash-to-Debt falls into.
* 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.
Airports Of Thailand (APTPF) has a Cash-to-Debt of 0.40 as of Mar. 2026. This is near median its historical median of 0.44. Over the past decade, Airports Of Thailand's Cash-to-Debt has ranged from 0.06 to 6.05. According to the industry distribution chart, Airports Of Thailand ranks #542 out of 995 companies in the Transportation industry, placing it in the top 54.5%.
Is Airports Of Thailand's Cash-to-Debt too high?
Airports Of Thailand's current Cash-to-Debt of 0.40 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 6.05. The Transportation industry median Cash-to-Debt is 0.47. Airports Of Thailand's value of 0.40 is 14.9% below this industry median. Based on the distribution chart, Airports Of Thailand ranks #542 out of 995 companies in the Transportation industry, which is below the industry midpoint. Overall, Airports Of Thailand has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Airports Of Thailand's Cash-to-Debt compare to JOBY and CAAP?
According to the Transportation industry distribution chart, Airports Of Thailand ranks #542 out of 995 companies for Cash-to-Debt. This places Airports Of Thailand in the lower half of its industry. The industry median Cash-to-Debt is 0.47. Airports Of Thailand's value of 0.40 is 14.9% below this benchmark. Historically, Airports Of Thailand's own Cash-to-Debt has ranged from 0.06 to 6.05 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.47, Airports Of Thailand has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for a Transportation company?
The median Cash-to-Debt among Transportation companies is 0.47, based on 995 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Airports Of Thailand's current Cash-to-Debt of 0.40 is 14.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Cash-to-Debt is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airports Of Thailand's current Cash-to-Debt is 0.40, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airports Of Thailand stock overvalued right now?
Based on GuruFocus' analysis, Airports Of Thailand (APTPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.31, compared to a current price of $1.73 — trading 31.7% above its estimated fair value. The current Cash-to-Debt is 0.40, which is near median its 10-year median of 0.44 and 14.9% below the Transportation industry median of 0.47. Airports Of Thailand's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Airports Of Thailand (APTPF), the current Cash-to-Debt is 0.40 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Airports Of Thailand (APTPF) Overvalued in 2026?
Based on GuruFocus' analysis, Airports Of Thailand stock appears to be overvalued.
The current stock price of $1.73 is trading 31.7% above its estimated GF Value™ of $1.31.
GuruFocus considers Airports Of Thailand to be Significantly Overvalued.
Key valuation signals for APTPF:
Cash-to-Debt: 0.40 (near median its 10-year median of 0.44)
GF Value™: $1.31 vs. price of $1.73 (31.7% above fair value)
Industry Position: 14.9% below the Transportation median (#542 of 995)
No single metric tells the full story. See the APTPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. The company operates in various business segments such as airport management business, hotel business, ground aviation services, security business, and manages projects on perishable goods. The majority of its revenue is derived from its airport management business under which it generates income mainly from two categories of services: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue is generated from office and state property rents.
89GF Score
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