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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. United Airlines Holdings's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.49.
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, United Airlines Holdingscouldn'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 United Airlines Holdings's Cash-to-Debt or its related term are showing as below:
XSWX:UAL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.2 Med: 0.42 Max: 0.53
Current: 0.49
During the past 13 years, United Airlines Holdings's highest Cash to Debt Ratio was 0.53. The lowest was 0.20. And the median was 0.42.
XSWX:UAL's Cash-to-Debt is ranked better than 50.85% of 995
companies
in the Transportation industry
Industry Median: 0.47
vs XSWX:UAL: 0.49
United Airlines Holdings (XSWX:UAL) 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.
United Airlines Holdings Cash-to-Debt Related Terms
United Airlines Holdings Cash-to-Debt Historical Data
* 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.
XSWX:UAL vs LUV, DAL, AAL: Cash-to-Debt Comparison
For the Airlines subindustry, United Airlines 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.
United Airlines Holdings Cash-to-Debt vs Transportation Industry
For the Transportation industry and Industrials sector, United Airlines Holdings's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where United Airlines Holdings'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.
United Airlines Holdings (XSWX:UAL) has a Cash-to-Debt of 0.49 as of Jun. 2026. This is 17% above median its historical median of 0.42. Over the past decade, United Airlines Holdings' Cash-to-Debt has ranged from 0.20 to 0.53. According to the industry distribution chart, United Airlines Holdings ranks #489 out of 995 companies in the Transportation industry, placing it in the top 49.1%.
Is United Airlines Holdings' Cash-to-Debt too high?
United Airlines Holdings' current Cash-to-Debt of 0.49 is 17% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.53. The Transportation industry median Cash-to-Debt is 0.47. United Airlines Holdings' value of 0.49 is 4.3% above this industry median. Based on the distribution chart, United Airlines Holdings ranks #489 out of 995 companies in the Transportation industry, which is above the industry midpoint. Overall, United Airlines Holdings has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does United Airlines Holdings' Cash-to-Debt compare to LUV and DAL?
According to the Transportation industry distribution chart, United Airlines Holdings ranks #489 out of 995 companies for Cash-to-Debt. This puts United Airlines Holdings in the upper half of its industry. The industry median Cash-to-Debt is 0.47. United Airlines Holdings' value of 0.49 is 4.3% above this benchmark. Historically, United Airlines Holdings' own Cash-to-Debt has ranged from 0.20 to 0.53 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.47, United Airlines Holdings 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 0.47, based on 995 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. United Airlines Holdings's current Cash-to-Debt of 0.49 is 4.3% 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 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Airlines Holdings's current Cash-to-Debt is 0.49, which is 17% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Airlines Holdings stock overvalued right now?
United Airlines Holdings (XSWX:UAL) has a current Cash-to-Debt of 0.49. The stock's GF Value™ is CHF72.16, compared to a current price of CHF104.22 — trading 44.4% above its estimated fair value. The current Cash-to-Debt is 0.49, which is 17% above median its 10-year median of 0.42 and 4.3% above the Transportation industry median of 0.47. United Airlines Holdings' overall GF Score™ is 83/100 with 8 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 United Airlines Holdings (XSWX:UAL), the current Cash-to-Debt is 0.49 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.
Is United Airlines Holdings (XSWX:UAL) Overvalued in 2026?
Based on GuruFocus' analysis, United Airlines Holdings stock appears to be overvalued.
The current stock price of CHF104.22 is trading 44.4% above its estimated GF Value™ of CHF72.16.
Key valuation signals for XSWX:UAL:
Cash-to-Debt: 0.49 (17% above median its 10-year median of 0.42)
GF Value™: CHF72.16 vs. price of CHF104.22 (44.4% above fair value)
Industry Position: 4.3% above the Transportation median (#489 of 995)
No single metric tells the full story. See the XSWX:UAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chicago-based United Airlines is a major US network carrier with hubs in San Francisco, Chicago, Houston, Denver, Los Angeles, Newark, and Washington, D.C. United operates a hub-and-spoke system that is more focused on international and long-haul travel, especially across the Pacific, than its large US peers.
83GF Score
Get the complete analysis for XSWX:UAL
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