Lilium NV (Lilium NV) Cash-to-Debt : 17.46 (As of Dec. 2023)

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What is Lilium NV 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. Lilium NV's cash to debt ratio for the quarter that ended in Dec. 2023 was 17.46.

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, Lilium NV could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

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

LILM' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.38 Med: 17.83 Max: 29.56
Current: 17.46

During the past 5 years, Lilium NV's highest Cash to Debt Ratio was 29.56. The lowest was 1.38. And the median was 17.83.

LILM's Cash-to-Debt is ranked better than
83.82% of 309 companies
in the Aerospace & Defense industry
Industry Median: 0.78 vs LILM: 17.46

Lilium NV Cash-to-Debt Historical Data

The historical data trend for Lilium NV'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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Lilium NV Cash-to-Debt Chart

Lilium NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

1.38

29.56

18.19

17.46

Lilium NV Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt	Get a 7-Day Free Trial				29.56	18.28	18.19	14.90	17.46

Competitive Comparison of Lilium NV's Cash-to-Debt

For the Aerospace & Defense subindustry, Lilium NV'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.

Lilium NV's Cash-to-Debt Distribution in the Aerospace & Defense Industry

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

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

Lilium NV 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.

Lilium NV'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)
	=	212.656	/	(3.209	+	8.968)
	=	17.46

Lilium NV'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)
	=	212.656	/	(3.209	+	8.968)
	=	17.46

Lilium NV (NAS:LILM) 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.

Lilium NV Cash-to-Debt Related Terms

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Lilium NV (Lilium NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Lilium NV (NAS:LILM) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

5KD:Germany 5KD:Germany 5KD:Germany

Address

Claude-Dornier Street 1, Building 335, Wessling, BY, DEU, 82234

Website

https://www.lilium.com

Lilium NV creates a sustainable and accessible mode of high-speed, regional transportation. Using the 7-Seater Lilium Jet, an electric vertical take-off and landing jet, offering leading capacity, low noise and high performance, it is building a transport network and service for people and goods.