LILMF (Lilium NV) Cash-to-Debt: 10.22 (As of Jun. 2024)

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What is Lilium NV Cash-to-Debt?

Lilium NV LILMF Cash-to-Debt is 10.22 as of Jun. 2024.

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. Lilium NV's cash to debt ratio for the quarter that ended in Jun. 2024 was 10.22.

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, Lilium NV could pay off its debt using the cash in hand for the quarter that ended in Jun. 2024.

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

LILMF's Cash-to-Debt is not ranked *
in the Aerospace & Defense industry.
Industry Median: 0.96
* Ranked among companies with meaningful Cash-to-Debt only.

Lilium NV  (OTCPK:LILMF) 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.

Lilium NV Cash-to-Debt Related Terms

Lilium NV Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Lilium NV'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.

Lilium NV Cash-to-Debt Chart

Lilium NV Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Cash-to-Debt
- 29.56 18.19 17.46

Lilium NV Semi-Annual Data
Jun22 Dec22 Jun23 Dec23 Jun24
Cash-to-Debt 18.28 18.19 14.89 17.46 10.22

LILMF vs HOVR, SIF, XTIA: Cash-to-Debt Comparison

For the Aerospace & Defense subindustry, Lilium NV'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.

Lilium NV Cash-to-Debt vs Aerospace & Defense Industry

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

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


Lilium NV 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.

Lilium NV'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)
=215.4133779 / (3.25098495 + 9.0846416)
=17.46

Lilium NV'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)
=116.80467375 / (3.45210675 + 7.97274825)
=10.22

* 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.

Frequently Asked Questions Learn more about Cash-to-Debt →
What does a Cash-to-Debt of 10.22 mean?
Lilium NV (LILMF) has a Cash-to-Debt of 10.22 as of Jun. 2024.
Is Lilium NV's Cash-to-Debt too high?
Lilium NV's current Cash-to-Debt is 10.22. The Aerospace & Defense industry median Cash-to-Debt is 0.96. Lilium NV's value of 10.22 is 964.6% above this industry median.
How does Lilium NV's Cash-to-Debt compare to HOVR and SIF?
Lilium NV's Cash-to-Debt of 10.22 can be compared against companies in the Aerospace & Defense industry. The industry median Cash-to-Debt is 0.96. Lilium NV's value of 10.22 is 964.6% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Aerospace & Defense company?
The median Cash-to-Debt among Aerospace & Defense companies is 0.96, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Lilium NV's current Cash-to-Debt of 10.22 is 964.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Aerospace & Defense industry, the median Cash-to-Debt is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Lilium NV's current Cash-to-Debt is 10.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lilium NV stock overvalued right now?
Lilium NV (LILMF) has a current Cash-to-Debt of 10.22. The current Cash-to-Debt is 10.22 and 964.6% above the Aerospace & Defense industry median of 0.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For Lilium NV (LILMF), the current Cash-to-Debt is 10.22 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Lilium NV Business Description

Address Galileostrasse 335, Gauting, BY, DEU, 82131
Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.