AUKNY (Auckland International Airport) Cash-to-Debt : 0.08 (As of Jun. 2024)

View and export this data going back to 2008. Start your Free Trial

What is Auckland International Airport 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. Auckland International Airport's cash to debt ratio for the quarter that ended in Jun. 2024 was 0.08.

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, Auckland International Airport couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

AUKNY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.36
Current: 0.08

During the past 13 years, Auckland International Airport's highest Cash to Debt Ratio was 0.36. The lowest was 0.02. And the median was 0.04.

AUKNY's Cash-to-Debt is ranked worse than
86.49% of 962 companies
in the Transportation industry
Industry Median: 0.455 vs AUKNY: 0.08

Auckland International Airport Cash-to-Debt Historical Data

The historical data trend for Auckland International Airport'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.

Auckland International Airport Cash-to-Debt Chart

Auckland International Airport Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

Get a 7-Day Free Trial

0.36

0.06

0.02

0.06

0.08

Auckland International Airport Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															0.02	0.04	0.06	0.03	0.08

Competitive Comparison of Auckland International Airport's Cash-to-Debt

For the Airports & Air Services subindustry, Auckland International Airport'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.

Auckland International Airport's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Auckland International Airport's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Auckland International Airport's Cash-to-Debt falls into.

Auckland International Airport 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.

Auckland International Airport's Cash to Debt Ratio for the fiscal year that ended in Jun. 2024 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)
	=	134.868	/	(172.744	+	1475.322)
	=	0.08

Auckland International Airport's Cash to Debt Ratio for the quarter that ended in Jun. 2024 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)
	=	134.868	/	(172.744	+	1475.322)
	=	0.08

Auckland International Airport (OTCPK:AUKNY) 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.

Auckland International Airport Cash-to-Debt Related Terms

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

Auckland International Airport Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Auckland International Airport Ltd (OTCPK:AUKNY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

ACKDF:USA AIA:New Zealand BZTA:Germany AIA:Australia

Address

4 Leonard Isitt Drive, Auckland Airport Business District, Manukau, NTL, NZL, 2022

Website

https://www.aucklandairport.co.nz

Auckland Airport is New Zealand's largest airport, handling about 75% of the country's international arrivals and departures. It owns over 1,500 hectares of land, and hosts unregulated ancillary commercial services, including retail and duty-free, car parking, hotels, warehouses, and offices. Substantial development opportunities are set to materially expand capacity over the next decade. The airport also has a 25% stake in the small, but fast-growing Queenstown airport on New Zealand's South Island.