Japan Airlines Co (Japan Airlines Co) Cash-to-Debt : 0.78 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Japan Airlines Co 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. Japan Airlines Co's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.78.

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, Japan Airlines Co 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 Japan Airlines Co's Cash-to-Debt or its related term are showing as below:

JAPSY' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.56 Med: 2.91 Max: 5.06
Current: 0.78

During the past 13 years, Japan Airlines Co's highest Cash to Debt Ratio was 5.06. The lowest was 0.56. And the median was 2.91.

JAPSY's Cash-to-Debt is ranked better than
62.32% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs JAPSY: 0.78

Japan Airlines Co Cash-to-Debt Historical Data

The historical data trend for Japan Airlines Co'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.

Japan Airlines Co Cash-to-Debt Chart

Japan Airlines Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

Get a 7-Day Free Trial

2.35

1.19

0.82

0.58

0.70

Japan Airlines Co 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															0.64	0.70	0.79	0.83	0.78

Competitive Comparison of Japan Airlines Co's Cash-to-Debt

For the Airlines subindustry, Japan Airlines Co'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.

Japan Airlines Co's Cash-to-Debt Distribution in the Transportation Industry

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

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

Japan Airlines Co 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.

Japan Airlines Co's Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	4866.288	/	(837.681	+	6086.405)
	=	0.70

Japan Airlines Co'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)
	=	4849.943	/	(869.195	+	5365.766)
	=	0.78

Japan Airlines Co (OTCPK:JAPSY) 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.

Japan Airlines Co Cash-to-Debt Related Terms

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

Japan Airlines Co (Japan Airlines Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Japan Airlines Co Ltd (OTCPK:JAPSY) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

9201:Japan JAL:Germany

Address

Nomura Real Estate Building, 2-4-11 Higashi-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-8637

Website

http://www.jal.com

Japan Airlines is an international air transport services company. It offers scheduled and nonscheduled air transport services and aerial work services. The company operates large aircraft, medium-size aircraft, small aircraft, and regional jets. JAL's route network comprises over 100 domestic routes and over 50 international routes. The airline flies to over 50 countries and regions and connects over 300 airports.

Japan Airlines Co (Japan Airlines Co) Headlines

From GuruFocus

Causeway International Takes Stake in Japan Airlines

By Sheila Dang Sheila Dang • 03-16-2016

Stock Market Comparison Between Hawaiian Holdings and Japan Air

By Brett Chatz Brett Chatz • 01-16-2014