GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wizz Air Holdings PLC (OTCPK:WZZAF) » Definitions » Cash-to-Debt

Wizz Air Holdings (Wizz Air Holdings) Cash-to-Debt : N/A (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Wizz Air Holdings 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. Wizz Air Holdings's cash to debt ratio for the quarter that ended in Dec. 2023 was N/A.

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

WZZAF' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.27   Med: 0.76   Max: 36.38
Current: 0.27

During the past 12 years, Wizz Air Holdings's highest Cash to Debt Ratio was 36.38. The lowest was 0.27. And the median was 0.76.

WZZAF's Cash-to-Debt is ranked worse than
64.7% of 966 companies
in the Transportation industry
Industry Median: 0.49 vs WZZAF: 0.27

Wizz Air Holdings Cash-to-Debt Historical Data

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings Cash-to-Debt Chart

Wizz Air Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cash-to-Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.64 0.46 0.31 0.27

Wizz Air Holdings Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
Cash-to-Debt Get a 7-Day Free Trial 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 N/A 0.30 N/A 0.27 N/A

Competitive Comparison of Wizz Air Holdings's Cash-to-Debt

For the Airlines subindustry, Wizz Air Holdings'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.


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

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

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



Wizz Air Holdings 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.

Wizz Air Holdings's Cash to Debt Ratio for the fiscal year that ended in Mar. 2023 is calculated as:

Wizz Air Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2023 is calculated as:

Do not have enough data to calculate Cash to Debt ratio.

* 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.


Wizz Air Holdings  (OTCPK:WZZAF) 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.


Wizz Air Holdings Cash-to-Debt Related Terms

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


Wizz Air Holdings (Wizz Air Holdings) Business Description

Address
44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (Wizz Air Holdings) Headlines

From GuruFocus

Q3 2022 Wizz Air Holdings PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2022 Wizz Air Holdings PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q1 2023 Wizz Air Holdings PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2024 Wizz Air Holdings PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024

Q3 2024 Wizz Air Holdings PLC Earnings Call Transcript

By GuruFocus Research 02-15-2024