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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. Fly Play hf's cash to debt ratio for the quarter that ended in Jun. 2025 was 0.01.
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, Fly Play hfcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2025.
The historical rank and industry rank for Fly Play hf's Cash-to-Debt or its related term are showing as below:
OISE:PLAY's Cash-to-Debt is not ranked *
in the Transportation industry.
Industry Median: 0.49 * Ranked among companies with meaningful Cash-to-Debt only.
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.
Fly Play hf Cash-to-Debt Related Terms
Fly Play hf Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for Fly Play hf'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.
OISE:PLAY vs DAL, UAL, LUV: Cash-to-Debt Comparison
For the Airlines subindustry, Fly Play hf'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.
Fly Play hf Cash-to-Debt vs Transportation Industry
For the Transportation industry and Industrials sector, Fly Play hf's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Fly Play hf's Cash-to-Debt falls into.
* 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.
Fly Play hf (OISE:PLAY) has a Cash-to-Debt of 0.01 as of Jun. 2025.
Is Fly Play hf's Cash-to-Debt too high?
Fly Play hf's current Cash-to-Debt is 0.01. The Transportation industry median Cash-to-Debt is 0.49. Fly Play hf's value of 0.01 is 98% below this industry median. Overall, Fly Play hf has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Fly Play hf's Cash-to-Debt compare to DAL and UAL?
Fly Play hf's Cash-to-Debt of 0.01 can be compared against companies in the Transportation industry. The industry median Cash-to-Debt is 0.49. Fly Play hf's value of 0.01 is 98% below 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 a Transportation company?
The median Cash-to-Debt among Transportation companies is 0.49, based on 1,004 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. Fly Play hf's current Cash-to-Debt of 0.01 is 98% below 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 Transportation industry, the median Cash-to-Debt is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fly Play hf's current Cash-to-Debt is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fly Play hf stock overvalued right now?
Fly Play hf (OISE:PLAY) has a current Cash-to-Debt of 0.01. The current Cash-to-Debt is 0.01 and 98% below the Transportation industry median of 0.49. Fly Play hf's overall GF Score™ is 9/100. 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 Fly Play hf (OISE:PLAY), the current Cash-to-Debt is 0.01 as of Jun. 2025. 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.
Fly Play hf is an Icelandic low-cost airline operating flights between North America and Europe. It operates a fleet of Airbus aircraft, with its main hub at Keflavik International Airport. The airline offers a range of related services, including food and beverages, as well as booking services for its customers.
9GF Score
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