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Webjet Group (ASX:WJL) Cash-to-Debt : No Debt (1) (As of Sep. 2024)


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What is Webjet Group 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. Webjet Group's cash to debt ratio for the quarter that ended in Sep. 2024 was No Debt (1).

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, Webjet Group could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

(1) 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.

The historical rank and industry rank for Webjet Group's Cash-to-Debt or its related term are showing as below:

ASX:WJL's Cash-to-Debt is not ranked *
in the Travel & Leisure industry.
Industry Median: 0.55
* Ranked among companies with meaningful Cash-to-Debt only.

Webjet Group Cash-to-Debt Historical Data

The historical data trend for Webjet Group'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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Webjet Group Cash-to-Debt Chart

Webjet Group Annual Data
Trend
Cash-to-Debt

Webjet Group Semi-Annual Data
Sep24
Cash-to-Debt No Debt

Competitive Comparison of Webjet Group's Cash-to-Debt

For the Travel Services subindustry, Webjet Group'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.

Webjet Group's Cash-to-Debt Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Webjet Group's Cash-to-Debt distribution charts can be found below:

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


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Webjet Group 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.

Webjet Group's Cash to Debt Ratio for the fiscal year that ended in . 20 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

Webjet Group's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Webjet Group had no debt (1).

* 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.

Webjet Group  (ASX:WJL) 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.

Webjet Group Cash-to-Debt Related Terms

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Webjet Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Webjet Group Ltd (ASX:WJL) » Definitions » Cash-to-Debt
Comparable Companies
ASX:HLO ASX:JAY BKNG ABNB RCL TCOM CCL LSE:CCL EXPE VIK MMYT NCLH HKSE:00780 XTER:TUI1 LSE:JET2 GBTG TNL TRIP ASX:FLT SAU:1810
Traded in Other Exchanges
N/A
Address
509 St Kilda Road, Level 2, Melbourne, VIC, AUS, 3004
Website
https://www.webjetlimited.com
Webjet Group Ltd organization that enables travel the world over through its travel brands, supported by travel technology businesses. Its activities are online sales of travel products, including flights and hotel rooms. The Group's business consists of a B2B wholesale division; WebBeds; and two retail B2C businesses Webjet OTA and GoSee. Its reportable segments of the Group are Business to Consumer Travel (B2C Travel) and Business to Business Travel (B2B Travel).

Webjet Group Headlines

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