SINGF (Singapore Airlines) Cash-to-Debt: 0.96 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SINGF Singapore Airlines Ltd SINGF
78 GF Score
Price $5.00
GF Value $5.70
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Singapore Airlines Cash-to-Debt?

Singapore Airlines SINGF 78 Cash-to-Debt is 0.96 as of Mar. 2026, which is 9% above its 10-year median of 0.88. GuruFocus rates SINGF with a GF Score™ of 78/100 and a GF Value™ of $5.70 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,004 Transportation companies, Singapore Airlines ranks worse than 99601.49% on this metric.

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. Singapore Airlines's cash to debt ratio for the quarter that ended in Mar. 2026 was 0.96.

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, Singapore Airlines couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2026.

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

During the past 13 years, Singapore Airlines's highest Cash to Debt Ratio was 108.27. The lowest was 0.00. And the median was 0.88.

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

Singapore Airlines  (OTCPK:SINGF) 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.


Singapore Airlines Cash-to-Debt Related Terms


Singapore Airlines Cash-to-Debt Historical Data

* Premium members only.

The historical data trend for Singapore Airlines'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.

Singapore Airlines Cash-to-Debt Chart

Singapore Airlines Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.09 0.93 0.71 0.96

Singapore Airlines Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.93 0.73 0.71 0.65 0.96

SINGF vs DAL, UAL, LUV: Cash-to-Debt Comparison

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines Cash-to-Debt vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's Cash-to-Debt distribution charts can be found below:

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


SINGF
78GF Score
Singapore Airlines Ltd SINGF
Cash-to-Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Airlines 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.

Singapore Airlines's Cash to Debt Ratio for the fiscal year that ended in Mar. 2026 is calculated as:

Singapore Airlines's Cash to Debt Ratio for the quarter that ended in Mar. 2026 is calculated as:

* 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 0.96 mean?
Singapore Airlines (SINGF) has a Cash-to-Debt of 0.96 as of Mar. 2026. This is near median its historical median of 0.88. According to the industry distribution chart, Singapore Airlines ranks #999999 out of 1004 companies in the Transportation industry.
Is Singapore Airlines' Cash-to-Debt too high?
Singapore Airlines' current Cash-to-Debt of 0.96 is near median its 10-year median of 0.88. The Transportation industry median Cash-to-Debt is 0.49. Singapore Airlines' value of 0.96 is 95.9% above this industry median. Based on the distribution chart, Singapore Airlines ranks #999999 out of 1004 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Singapore Airlines has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' Cash-to-Debt compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #999999 out of 1004 companies for Cash-to-Debt. This places Singapore Airlines in the lower half of its industry. The industry median Cash-to-Debt is 0.49. Singapore Airlines' value of 0.96 is 95.9% above this benchmark. While the company's 10-year median is 0.88 vs. the industry median of 0.49, Singapore Airlines has consistently been above the industry average. 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. Singapore Airlines's current Cash-to-Debt of 0.96 is 95.9% 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 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. Singapore Airlines's current Cash-to-Debt is 0.96, which is near median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGF) is currently considered Modestly Undervalued. The stock's GF Value™ is $5.70, compared to a current price of $5.00 — trading 12.3% below its estimated fair value. The current Cash-to-Debt is 0.96, which is near median its 10-year median of 0.88 and 95.9% above the Transportation industry median of 0.49. Singapore Airlines' overall GF Score™ is 78/100 with 5 warning signs to review. 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 Singapore Airlines (SINGF), the current Cash-to-Debt is 0.96 as of Mar. 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.

Is Singapore Airlines (SINGF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be undervalued. The current stock price of $5.00 is trading 12.3% below its estimated GF Value™ of $5.70. GuruFocus considers Singapore Airlines to be Modestly Undervalued.

Key valuation signals for SINGF:

  • Cash-to-Debt: 0.96 (near median its 10-year median of 0.88)
  • GF Value™: $5.70 vs. price of $5.00 (12.3% below fair value)
  • GF Score™: 78/100 with 5 warning signs
  • Industry Position: 95.9% above the Transportation median (#999999 of 1004)

No single metric tells the full story. See the SINGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines Ltd is the flag carrier of Singapore and one of Asia's largest airline groups, operating passenger and cargo services through its hub at Singapore Changi Airport. The group runs two passenger brands: full-service Singapore Airlines, serving regional and long-haul international routes, and Scoot, its low-cost subsidiary focused on short- and medium-haul leisure markets. It also provides air cargo services and holds controlling or significant stakes in aviation-related businesses, including SIA Engineering and ground handler SATS. The airline generates revenue primarily from passenger ticket sales, supplemented by cargo, engineering, and ancillary services. Its network connects Singapore with destinations across Asia, Europe, North America, Australia, and the Middle East. Following the 2024 merger of Vistara with Air India, Singapore Airlines holds a minority stake in the enlarged Air India group, expanding its exposure to the Indian aviation market.
78GF Score

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Cash-to-Debt is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.00
Price
$5.70
GF Value