Aurizon Holdings (ASX:AZJ) Cash-to-Debt

: 0.01 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

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. Aurizon Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 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, Aurizon Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

ASX:AZJ' s Cash-to-Debt Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.11
Current: 0.01

During the past 13 years, Aurizon Holdings's highest Cash to Debt Ratio was 0.11. The lowest was 0.00. And the median was 0.02.

ASX:AZJ's Cash-to-Debt is ranked worse than
99.07% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs ASX:AZJ: 0.01

Aurizon Holdings Cash-to-Debt Historical Data

The historical data trend for Aurizon 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.

* Premium members only.

Aurizon Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Cash-to-Debt

0.01

0.04

0.05

0.02

Aurizon Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.04	0.05	0.02	0.02	0.01

Competitive Comparison

For the Railroads subindustry, Aurizon 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.

Aurizon Holdings Cash-to-Debt Distribution

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

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

Aurizon 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.

Aurizon Holdings's Cash to Debt Ratio for the fiscal year that ended in Jun. 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)
	=	92	/	(586	+	4576)
	=	0.02

Aurizon Holdings's Cash to Debt Ratio for the quarter 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)
	=	42	/	(1257	+	3908)
	=	0.01

Aurizon Holdings (ASX:AZJ) 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.

Aurizon Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Aurizon Holdings's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Aurizon Holdings (ASX:AZJ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aurizon Holdings Ltd (ASX:AZJ) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

QRNNF:USA QRL:Germany

Address

900 Ann Street, Level 8, Fortitude Valley, Brisbane, QLD, AUS, 4006

Website

https://www.aurizon.com.au

Aurizon operates rail haulage of coal, iron ore, and freight, and owns a regulated rail network in Queensland. Coal haulage from mine to port contributes close to 40% of earnings. The non-coal bulk segment contributes about 10% of earnings and undertakes the rail haulage of agricultural, mining, and industrial products. The rail network, composed of 2,670 kilometres of coal rail network under a 99-year lease from the Queensland government, contributes around half of earnings.

Aurizon Holdings (ASX:AZJ) Headlines

No Headlines