Beijing Capital International Airport Co (HKSE:00694) Cash-to-Debt : 0.12 (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Beijing Capital International Airport Co 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. Beijing Capital International Airport Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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, Beijing Capital International Airport Co couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

HKSE:00694' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.12 Med: 0.3 Max: 0.5
Current: 0.12

During the past 13 years, Beijing Capital International Airport Co's highest Cash to Debt Ratio was 0.50. The lowest was 0.12. And the median was 0.30.

HKSE:00694's Cash-to-Debt is ranked worse than
80.56% of 967 companies
in the Transportation industry
Industry Median: 0.49 vs HKSE:00694: 0.12

Beijing Capital International Airport Co Cash-to-Debt Historical Data

The historical data trend for Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co Cash-to-Debt Chart

Beijing Capital International Airport Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.50

0.35

0.28

0.16

0.12

Beijing Capital International Airport Co Quarterly Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Cash-to-Debt	Get a 7-Day Free Trial															0.16	0.13	N/A	0.12	N/A

Competitive Comparison of Beijing Capital International Airport Co's Cash-to-Debt

For the Airports & Air Services subindustry, Beijing Capital International Airport Co'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.

Beijing Capital International Airport Co's Cash-to-Debt Distribution in the Transportation Industry

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

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

Beijing Capital International Airport Co 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.

Beijing Capital International Airport Co'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)
	=	1407.544	/	(7450.101	+	4398.911)
	=	0.12

Beijing Capital International Airport Co's Cash to Debt Ratio for the quarter 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)
	=	1407.544	/	(7450.101	+	4398.911)
	=	0.12

Beijing Capital International Airport Co (HKSE:00694) 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.

Beijing Capital International Airport Co Cash-to-Debt Related Terms

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

Beijing Capital International Airport Co (HKSE:00694) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Beijing Capital International Airport Co Ltd (HKSE:00694) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

BJCHY:USA BJCHF:USA BJ1:Germany

Address

979 King’s Road, 37th Floor, One Taikoo Place, Hong Kong, Hong Kong, HKG

Website

https://en.bcia.com.cn

Beijing Capital International Airport Co Ltd is primarily engaged in operating and managing aeronautical and nonaeronautical businesses at Beijing Capital Airport. The Company's aeronautical business includes provision of aircraft landings and take-offs and passenger service facilities, ground support services, and firefighting services for domestic and foreign air transportation enterprises. The Company's non-aeronautical business includes ground handling agent services supplied for domestic and foreign airliners; in-flight catering services; duty free and other retail shops in the terminals.

Executives

Mitsubishi Ufj Financial Group, Inc.	2201 Interest of corporation controlled by you
Blackrock, Inc.	2201 Interest of corporation controlled by you
Employees Provident Fund Board	2101 Beneficial owner
Invesco Asset Management Limited	2102 Investment manager
The Bank Of New York Mellon Corporation	2201 Interest of corporation controlled by you
Causeway Capital Management Llc	2102 Investment manager
Jpmorgan Chase & Co.	2201 Interest of corporation controlled by you
T. Rowe Price Associates, Inc. And Its Affiliates	2101 Beneficial owner
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager
Brown Brothers Harriman & Co.	2502 Approved lending agent
Jiang Jinzhi	2201 Interest of corporation controlled by you
Hermes Investment Funds Plc	2101 Beneficial owner
Aberdeen Asset Management Plc And Its Associates	2102 Investment manager

Beijing Capital International Airport Co (HKSE:00694) Headlines

No Headlines