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. Delta Air Lines's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.30.
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, Delta Air Lines couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.
The historical rank and industry rank for Delta Air Lines's Cash-to-Debt or its related term are showing as below:
DAL'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01 Med: 0.3 Max: 1.07
Current: 0.3
During the past 13 years, Delta Air Lines's highest Cash to Debt Ratio was 1.07. The lowest was 0.01. And the median was 0.30.
Delta Air Lines Cash-to-Debt Historical Data
The historical data trend for Delta Air Lines'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.
|
Delta Air Lines Annual Data
|
|
Trend |
Dec12 |
Dec13 |
Dec14 |
Dec15 |
Dec16 |
Dec17 |
Dec18 |
Dec19 |
Dec20 |
Dec21 |
| Cash-to-Debt |
|
|
|
|
|
|
0.30 |
0.10 |
0.17 |
0.40 |
0.33 |
|
Delta Air Lines Quarterly Data
|
|
Jun17 |
Sep17 |
Dec17 |
Mar18 |
Jun18 |
Sep18 |
Dec18 |
Mar19 |
Jun19 |
Sep19 |
Dec19 |
Mar20 |
Jun20 |
Sep20 |
Dec20 |
Mar21 |
Jun21 |
Sep21 |
Dec21 |
Mar22 |
| Cash-to-Debt |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
0.40 |
0.43 |
0.39 |
0.33 |
0.30 |
Competitive Comparison
For the Airlines subindustry, Delta Air Lines'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.
Delta Air Lines Cash-to-Debt Distribution
For the Transportation industry and Industrials sector, Delta Air Lines's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where Delta Air Lines's Cash-to-Debt falls into.
Delta Air Lines 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.
Delta Air Lines's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:
Delta Air Lines's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:
* 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.
Delta Air Lines Business Description
Traded in Other Exchanges
Address
Post Office Box 20706, Atlanta, GA, USA, 30320-6001
Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke system network, where it gathers and distributes passengers across the globe through key locations such as Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta's sale of frequent flier miles, particularly to American Express, is a major driver of the firm's profits.
Executives
| Jacobson Paul A |
officer: EVP & CFO |
C/O DELTA AIR LINES, INC., DEPT. 981 P.O. BOX 20574 ATLANTA GA 30320 |
| Carter Ashton B |
director |
C/O DELTA AIR LINES, INC. P.O. BOX 20574, DEPT. 981 ATLANTA GA 30320 |
| Mattson George N |
director |
C/O DELTA AIR LINES, INC. P.O. BOX 20574, DEPT. 981 ATLANTA GA 30320 |
| Jackson Jeanne P |
director |
537 NEWPORT CENTER DRIVE #306 NEWPORT BEACH CA 92660 |
| Waller Kathy N |
director |
THE COCA-COLA COMPANY ONE COCA-COLA PLAZA ATLANTA GA 30313 |
| Taylor David S |
director |
THE PROCTER & GAMBLE COMPANY ONE PROCTER & GAMBLE PLAZA CINCINNATI OH 45202 |
| Rial Sergio |
director |
CARGILL, INCORPORATED 15615 MCGINTY ROAD WEST WAYZATA MN 55391 |
| Huerta Michael P |
director |
1800 M STREET NW SUITE 800 WASHINGTON DC 20036 |
| Dewalt David G |
director |
PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: DEWALT DAVID G a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;} |
| Blake Francis S |
director |
2455 PACES FERRY RD ATLANTA GA 30339 |
| Easter William H Iii |
director |
370 17TH ST STE 2500 DENVER CO 80202 |
| Samant Rahul D |
officer: EVP & Chief Info Officer |
C/O DELTA AIR LINES, INC. P.O. BOX 20574, DEPT. 981 ATLANTA GA 30320 |
| Buffett Warren E |
10 percent owner |
3555 FARNAM ST STE 1440 OMAHA NE 68131 |
| Berkshire Hathaway Inc |
10 percent owner |
3555 FARNAM STREET OMAHA NE 68131 |
| Carroll William C |
officer: SVP, Finance & Controller |
C/O DELTA AIR LINES, INC. P.O. BOX 20574, DEPT. 981 ATLANTA GA 30320 |
Delta Air Lines Headlines
By tipranks.com 2022-03-16
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