Cebu Air (Cebu Air) Cash-to-Debt : 0.15 (As of Sep. 2023)

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What is Cebu Air 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. Cebu Air's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.15.

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, Cebu Air couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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

CEBUF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.05 Med: 0.2 Max: 0.42
Current: 0.15

During the past 13 years, Cebu Air's highest Cash to Debt Ratio was 0.42. The lowest was 0.05. And the median was 0.20.

CEBUF's Cash-to-Debt is ranked worse than
76.89% of 965 companies
in the Transportation industry
Industry Median: 0.49 vs CEBUF: 0.15

Cebu Air Cash-to-Debt Historical Data

The historical data trend for Cebu Air'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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Cebu Air Cash-to-Debt Chart

Cebu Air Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

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0.31

0.24

0.06

0.20

0.19

Cebu Air Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt	Get a 7-Day Free Trial															0.23	0.19	0.20	0.19	0.15

Competitive Comparison of Cebu Air's Cash-to-Debt

For the Airlines subindustry, Cebu Air'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.

Cebu Air's Cash-to-Debt Distribution in the Transportation Industry

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

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

Cebu Air 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.

Cebu Air's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	331.18	/	(164.947	+	1601.037)
	=	0.19

Cebu Air's Cash to Debt Ratio for the quarter 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)
	=	313.34	/	(213.452	+	1925.84)
	=	0.15

Cebu Air (OTCPK:CEBUF) 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.

Cebu Air Cash-to-Debt Related Terms

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Cebu Air (Cebu Air) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cebu Air Inc (OTCPK:CEBUF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

CEBCP.PFD:Philippines CEB:Philippines

Address

Sergio Osmena Boulevard, Level 4, Unit 4030-4031, Robinsons Galleria Cebu, General Maxilom Avenue cor, Cebu, CEB, PHL, 6000

Website

https://www.cebupacificair.com

Cebu Air Inc is a carrier in the Philippine air transportation industry. It has two reportable operating segments, which are the airline business (Parent Company and CEBGO) and the line and light maintenance business (A-Plus). The revenue of the operating segment was mainly derived from rendering transportation services and line and light maintenance services. The Airline Group has a network of distributors in the Philippines selling its domestic and international air services within an agreed territory or geographical coverage. Geographically, it operates in the Philippines, Asia (excluding the Philippines), Europe, and Others, out of which the majority is from the Philippines.

Cebu Air (Cebu Air) Headlines

From GuruFocus

Baron Funds Comments on Cebu Air Inc.

By Holly LaFon Holly LaFon • 12-10-2013