DLAKF (Deutsche Lufthansa AG) Cash-to-Debt : 0.64 (As of Sep. 2024)

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What is Deutsche Lufthansa AG 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. Deutsche Lufthansa AG's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.64.

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, Deutsche Lufthansa AG couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

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

DLAKF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.3 Med: 0.57 Max: 0.93
Current: 0.64

During the past 13 years, Deutsche Lufthansa AG's highest Cash to Debt Ratio was 0.93. The lowest was 0.30. And the median was 0.57.

DLAKF's Cash-to-Debt is ranked better than
58.05% of 963 companies
in the Transportation industry
Industry Median: 0.46 vs DLAKF: 0.64

Deutsche Lufthansa AG Cash-to-Debt Historical Data

The historical data trend for Deutsche Lufthansa AG'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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Deutsche Lufthansa AG Cash-to-Debt Chart

Deutsche Lufthansa AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

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0.34

0.36

0.46

0.55

0.59

Deutsche Lufthansa AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.63	0.59	0.60	0.59	0.64

Competitive Comparison of Deutsche Lufthansa AG's Cash-to-Debt

For the Airlines subindustry, Deutsche Lufthansa AG'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.

Deutsche Lufthansa AG's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Deutsche Lufthansa AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Deutsche Lufthansa AG's Cash-to-Debt falls into.

Deutsche Lufthansa AG 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.

Deutsche Lufthansa AG'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)
	=	9013.086	/	(3153.762	+	12055.616)
	=	0.59

Deutsche Lufthansa AG's Cash to Debt Ratio for the quarter that ended in Sep. 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)
	=	9847.947	/	(2229.745	+	13255.272)
	=	0.64

Deutsche Lufthansa AG (OTCPK:DLAKF) 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.

Deutsche Lufthansa AG Cash-to-Debt Related Terms

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Deutsche Lufthansa AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Deutsche Lufthansa AG (OTCPK:DLAKF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DLAKY:USA LHA:Romania 1LHA:Italy LUFTHANSA:Hungary LHAd:UK 0H4A:UK LHA:Germany LHAB:Germany LHA:Germany LHA:Germany LHAB:Germany LHA:Germany LHA:Bulgaria LHA:Austria

Address

Venloer Street 151-153, Cologne, NW, DEU, 50672

Website

https://www.lufthansagroup.com

Lufthansa AG is a European airline group. The company's segments include passenger airlines, logistics, and MRO. The passenger airlines segment includes Lufthansa German Airlines, SWISS, Austrian Airlines, Brussels Airlines, and Eurowings, including the equity interest in SunExpress. Geographically, it derives a majority of its revenue from Europe.