Dassault Aviation (XPAR:AM) Cash-to-Debt : 37.51 (As of Jun. 2024)

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What is Dassault Aviation 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. Dassault Aviation's cash to debt ratio for the quarter that ended in Jun. 2024 was 37.51.

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, Dassault Aviation 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 Dassault Aviation's Cash-to-Debt or its related term are showing as below:

XPAR:AM' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.64 Med: 7.58 Max: 41.2
Current: 37.51

During the past 13 years, Dassault Aviation's highest Cash to Debt Ratio was 41.20. The lowest was 0.64. And the median was 7.58.

XPAR:AM's Cash-to-Debt is ranked better than
87.62% of 307 companies
in the Aerospace & Defense industry
Industry Median: 0.58 vs XPAR:AM: 37.51

Dassault Aviation Cash-to-Debt Historical Data

The historical data trend for Dassault Aviation'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.

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Dassault Aviation Cash-to-Debt Chart

Dassault Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

8.90

13.18

21.99

41.20

28.09

Dassault Aviation Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Cash-to-Debt	Get a 7-Day Free Trial															28.08	41.20	33.37	28.09	37.51

Competitive Comparison of Dassault Aviation's Cash-to-Debt

For the Aerospace & Defense subindustry, Dassault Aviation'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.

Dassault Aviation's Cash-to-Debt Distribution in the Aerospace & Defense Industry

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

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

Dassault Aviation 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.

Dassault Aviation'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)
	=	7371.56	/	(54.626	+	207.811)
	=	28.09

Dassault Aviation'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)
	=	8839.079	/	(57.802	+	177.839)
	=	37.51

Dassault Aviation (XPAR:AM) 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.

Dassault Aviation Cash-to-Debt Related Terms

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Dassault Aviation Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Dassault Aviation SA (XPAR:AM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

DUAVF:USA AMp:UK 0IAX:UK DAU0:Germany

Address

9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008

Website

https://www.dassault-aviation.com

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds, and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 26% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.