Airports Of Thailand (BKK:AOT) Cash-to-Debt

: 0.08 (As of Dec. 2023)

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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. Airports Of Thailand's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.08.

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, Airports Of Thailand 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 Airports Of Thailand's Cash-to-Debt or its related term are showing as below:

BKK:AOT' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.06 Med: 1.55 Max: 6.05
Current: 0.08

During the past 13 years, Airports Of Thailand's highest Cash to Debt Ratio was 6.05. The lowest was 0.06. And the median was 1.55.

BKK:AOT's Cash-to-Debt is ranked worse than
87.98% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs BKK:AOT: 0.08

Airports Of Thailand Cash-to-Debt Historical Data

The historical data trend for Airports Of Thailand'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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Airports Of Thailand Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Cash-to-Debt

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5.52

3.92

0.27

0.06

0.10

Airports Of Thailand Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial															0.06	0.07	0.07	0.10	0.08

Competitive Comparison

For the Airports & Air Services subindustry, Airports Of Thailand'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.

Airports Of Thailand Cash-to-Debt Distribution

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

* The bar in red indicates where Airports Of Thailand's Cash-to-Debt falls into.

Airports Of Thailand 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.

Airports Of Thailand's Cash to Debt Ratio for the fiscal year that ended in Sep. 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)
	=	6095.356	/	(10011.188	+	51463.953)
	=	0.10

Airports Of Thailand'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)
	=	4564.384	/	(10096.127	+	48046.788)
	=	0.08

Airports Of Thailand (BKK:AOT) 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.

Airports Of Thailand Cash-to-Debt Related Terms

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Airports Of Thailand (BKK:AOT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Airports Of Thailand PLC (BKK:AOT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

APTPF:USA AIPUY:USA AIPUF:USA AOT-F:Thailand TATD:Singapore NYVQ:Germany

Address

No. 333, Cherdwutagard Road, Srikan, Don Mueang, Bangkok, THA, 10210

Website

https://www.airportthai.co.th

Airports Of Thailand PLC operates airports and provides services related to air transportation. Its airports, located in Thailand, serve both domestic and international flights. Revenue is generated primarily from two sources: aeronautical and nonaeronautical. Aeronautical revenue is associated with air traffic, including landing and parking charges, and passenger and aircraft service charges. Nonaeronautical revenue primarily results from office and state property rents. Additionally, Airports of Thailand has invested in other companies to provide services and products related to its airports. Its investments are wide-ranging, including hotels, aviation fuel services, and catering services.

Airports Of Thailand (BKK:AOT) Headlines

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