Aegean Airlines (LTS:0OHY) Debt-to-Asset : 0.47 (As of Dec. 2023)

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What is Aegean Airlines Debt-to-Asset?

Aegean Airlines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €118 Mil. Aegean Airlines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,003 Mil. Aegean Airlines's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was €2,413 Mil. Aegean Airlines's debt to asset for the quarter that ended in Dec. 2023 was 0.46.

Aegean Airlines Debt-to-Asset Historical Data

The historical data trend for Aegean Airlines's Debt-to-Asset 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.

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Aegean Airlines Debt-to-Asset Chart

Aegean Airlines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

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0.41

0.60

0.49

0.50

0.47

Aegean Airlines Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															0.49	0.44	0.50	0.45	0.47

Competitive Comparison of Aegean Airlines's Debt-to-Asset

For the Airlines subindustry, Aegean Airlines's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Aegean Airlines's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Aegean Airlines's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Aegean Airlines's Debt-to-Asset falls into.

Aegean Airlines Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Aegean Airlines's Debt-to-Asset for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(118.439	+	1003.09)	/	2412.667
	=	0.46

Aegean Airlines's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(118.439	+	1003.09)	/	2412.667
	=	0.46

Aegean Airlines (LTS:0OHY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Aegean Airlines Debt-to-Asset Related Terms

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Aegean Airlines (LTS:0OHY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Aegean Airlines SA (LTS:0OHY) » Definitions » Debt-to-Asset

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AGZNF:USA AEGN:Greece 32A:Germany

Address

Athens International Airport, Building 57, Spata Attiki, Athens, GRC, 19019

Website

https://www.aegeanair.com

Aegean Airlines SA is Greece's largest airline provider. It transports passengers and goods through scheduled (majority of total revenue) and chartered flights. The company has partnerships with other airlines to offer a worldwide reach. Flights are primarily short- or medium-haul, and the company has improved accessibility to Greece's islands. Additionally, it offers services related to air transportation, technical support, and ground handling amenities. The ancillary services related to flights comprise roughly 10% of total revenue. Aegean has one operating segment, air transportation, aligned with its single route network. Approximately half of total passenger traffic derives from routes within Greece.

Aegean Airlines (LTS:0OHY) Headlines

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