FGETF (Flight Centre Travel Group) Cash-to-Debt : 0.78 (As of Dec. 2024)

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What is Flight Centre Travel 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. Flight Centre Travel Group's cash to debt ratio for the quarter that ended in Dec. 2024 was 0.78.

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, Flight Centre Travel Group couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

FGETF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.78 Med: 1.86 Max: 44.31
Current: 0.78

During the past 13 years, Flight Centre Travel Group's highest Cash to Debt Ratio was 44.31. The lowest was 0.78. And the median was 1.86.

FGETF's Cash-to-Debt is ranked better than
55.19% of 810 companies
in the Travel & Leisure industry
Industry Median: 0.57 vs FGETF: 0.78

Flight Centre Travel Group Cash-to-Debt Historical Data

The historical data trend for Flight Centre Travel 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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Flight Centre Travel Group Cash-to-Debt Chart

Flight Centre Travel Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Cash-to-Debt

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1.92

1.06

0.94

1.01

1.18

Flight Centre Travel Group Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial															1.80	1.01	0.89	1.18	0.78

Competitive Comparison of Flight Centre Travel Group's Cash-to-Debt

For the Travel Services subindustry, Flight Centre Travel 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.

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

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

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

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Flight Centre Travel 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.

Flight Centre Travel Group'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)
	=	775.342	/	(247.529	+	408.614)
	=	1.18

Flight Centre Travel Group's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	465.89	/	(103.788	+	493.621)
	=	0.78

Flight Centre Travel Group (OTCPK:FGETF) 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.

Flight Centre Travel Group Cash-to-Debt Related Terms

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Flight Centre Travel Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Flight Centre Travel Group Ltd (OTCPK:FGETF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

FLI:Germany FLT:Australia

Address

275 Grey Street, South Brisbane, Brisbane, QLD, AUS, 4101

Website

https://www.fctgl.com

Flight Centre Travel is one of the largest travel agencies in the world. The group generates just over 50% of its total transaction value, or TTV, from the corporate market, just under 50% from the leisure market, and the rest from ancillary travel-related businesses. In corporate travel, Flight Centre is a global Top 4 operator operating in over 100 countries, with different brands catering to various customer segments (small and midsize businesses to large enterprises). In leisure, Flight Centre operates a network of over 550 shops generating 70% of the leisure TTV, online channels generating just under 20%, and the rest from independent agents. Over half of group TTV is generated in Australia and New Zealand, 20% from Americas, just under 20% from Europe, and the rest from Asia.