Switch to:

Delta Air Lines Cash-to-Debt

: 0.52 (As of Sep. 2020)
View and export this data going back to 1967. 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. Delta Air Lines's cash to debt ratio for the quarter that ended in Sep. 2020 was 0.52.

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 Sep. 2020.

NYSE:DAL' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.29   Max: 1.07
Current: 0.52
0.01
1.07

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 0.29.

NYSE:DAL's Cash-to-Debt is ranked higher than
62% of the 852 Companies
in the Transportation industry.

( Industry Median: 0.32 vs. NYSE:DAL: 0.52 )

Delta Air Lines Cash-to-Debt Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Delta Air Lines Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.41 0.44 0.30 0.10 0.17

Delta Air Lines Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.12 0.17 0.26 0.51 0.52
Competitive Comparison
* 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.

Delta Air Lines Cash-to-Debt Distribution

* 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. 2019 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)
=2882 / (3088 + 14167)
=0.17

Delta Air Lines's Cash to Debt Ratio for the quarter that ended in Sep. 2020 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)
=21525 / (5759 + 35681)
=0.52

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Delta Air Lines  (NYSE:DAL) 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.

Delta Air Lines Cash-to-Debt Related Terms

Delta Air Lines Cash-to-Debt Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)