PREM (Premier Air Charter Holdings) Cash-to-Debt: 0.01 (As of Jun. 2026)

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What is Premier Air Charter Holdings Cash-to-Debt?

Premier Air Charter Holdings PREM -8.94% Cash-to-Debt is 0.01 as of Jun. 2026.

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. Premier Air Charter Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 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, Premier Air Charter Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.

The historical rank and industry rank for Premier Air Charter Holdings's Cash-to-Debt or its related term are showing as below:

PREM's Cash-to-Debt is not ranked *
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Cash-to-Debt only.

Premier Air Charter Holdings  (OTCPK:PREM) 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.

Premier Air Charter Holdings Cash-to-Debt Related Terms

Premier Air Charter Holdings Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Premier Air Charter Holdings'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.

Premier Air Charter Holdings Cash-to-Debt Chart

Premier Air Charter Holdings Annual Data
Trend Mar15 Mar16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Dec24 Dec25
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.21 0.47 0.01 0.01

Premier Air Charter Holdings Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.01 0.01 0.01

PREM vs CISS, TLSS, APSI: Cash-to-Debt Comparison

For the Airlines subindustry, Premier Air Charter Holdings'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.

Premier Air Charter Holdings Cash-to-Debt vs Transportation Industry

For the Transportation industry and Industrials sector, Premier Air Charter Holdings's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Premier Air Charter Holdings's Cash-to-Debt falls into.


Premier Air Charter Holdings 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.

Premier Air Charter Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2025 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)
=0.213175 / (8.20051 + 15.750578)
=0.01

Premier Air Charter Holdings's Cash to Debt Ratio for the quarter that ended in Jun. 2026 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)
=0.156504 / (9.082557 + 16.34641)
=0.01

* 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 0.01 mean?
Premier Air Charter Holdings (PREM) has a Cash-to-Debt of 0.01 as of Jun. 2026.
Is Premier Air Charter Holdings' Cash-to-Debt too high?
Premier Air Charter Holdings' current Cash-to-Debt is 0.01. The Transportation industry median Cash-to-Debt is 0.49. Premier Air Charter Holdings' value of 0.01 is 98% below this industry median.
How does Premier Air Charter Holdings' Cash-to-Debt compare to CISS and TLSS?
Premier Air Charter Holdings' Cash-to-Debt of 0.01 can be compared against companies in the Transportation industry. The industry median Cash-to-Debt is 0.49. Premier Air Charter Holdings' 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. Premier Air Charter Holdings'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. Premier Air Charter Holdings'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 Premier Air Charter Holdings stock overvalued right now?
Premier Air Charter Holdings (PREM) 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. 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 Premier Air Charter Holdings (PREM), the current Cash-to-Debt is 0.01 as of Jun. 2026. 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.

Premier Air Charter Holdings Business Description

Address 2006 Palomar Airport Road, Suite 210, Carlsbad, CA, USA, 92011
Premier Air Charter Holdings Inc is a San Diego-based aircraft charter company, that provides an international community of aviation enthusiasts. Its vast fleet of aircraft includes everything from Light Jets and Turbojets to Mid-Large Jets.