Cirrus Aircraft (HKSE:02507) Cash-to-Debt : 7.07 (As of Dec. 2024)

View and export this data going back to 2024. Start your Free Trial

What is Cirrus Aircraft 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. Cirrus Aircraft's cash to debt ratio for the quarter that ended in Dec. 2024 was 7.07.

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, Cirrus Aircraft could pay off its debt using the cash in hand for the quarter that ended in Dec. 2024.

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

HKSE:02507' s Cash-to-Debt Range Over the Past 10 Years
Min: 2.12 Med: 2.8 Max: 7.07
Current: 7.07

During the past 4 years, Cirrus Aircraft's highest Cash to Debt Ratio was 7.07. The lowest was 2.12. And the median was 2.80.

HKSE:02507's Cash-to-Debt is ranked better than
77% of 313 companies
in the Aerospace & Defense industry
Industry Median: 0.84 vs HKSE:02507: 7.07

Cirrus Aircraft Cash-to-Debt Historical Data

The historical data trend for Cirrus Aircraft'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.

Cirrus Aircraft Cash-to-Debt Chart

Cirrus Aircraft Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Cash-to-Debt

2.12

2.60

3.00

7.07

Cirrus Aircraft Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Cash-to-Debt	Get a 7-Day Free Trial			2.60	N/A	3.00	2.75	7.07

Competitive Comparison of Cirrus Aircraft's Cash-to-Debt

For the Aerospace & Defense subindustry, Cirrus Aircraft'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.

Cirrus Aircraft's Cash-to-Debt Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cirrus Aircraft's Cash-to-Debt distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Cirrus Aircraft 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.

Cirrus Aircraft's Cash to Debt Ratio for the fiscal year 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)
	=	3864.18	/	(148.324	+	398.496)
	=	7.07

Cirrus Aircraft'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)
	=	3864.18	/	(148.324	+	398.496)
	=	7.07

Cirrus Aircraft (HKSE:02507) 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.

Cirrus Aircraft Cash-to-Debt Related Terms

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

Cirrus Aircraft Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Cirrus Aircraft Ltd (HKSE:02507) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

N/A

Address

4515 Taylor Circle, Duluth, MN, USA, 55811

Website

Cirrus Aircraft Ltd is engaged in aviation industry. It design, develop, manufacture, and sell premium aircraft such as SR2X Series ( SR20, SR22, SR22T) and the Vision Jet. The company generate maximum revenue from North America, Europe and Others (Africa, Asia, Australia, and Latin America).

Executives

Zhong Guo Hang Kong Gong Ye Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Caiga (hong Kong) Limited	2101 Beneficial owner
China Aviation Industry General Aircraft Co., Ltd.	2201 Interest of corporation controlled by you

Cirrus Aircraft Headlines

No Headlines