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Air China (Air China) Debt-to-Revenue : 1.37 (As of Mar. 2024)


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What is Air China Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Air China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $9,758 Mil. Air China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $20,786 Mil. Air China's annualized Revenue for the quarter that ended in Mar. 2024 was $22,254 Mil. Air China's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 1.37.


Air China Debt-to-Revenue Historical Data

The historical data trend for Air China's Debt-to-Revenue 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.

* Premium members only.

Air China Debt-to-Revenue Chart

Air China Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 2.30 2.45 4.05 1.53

Air China Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 2.40 1.64 1.16 1.51 1.37

Competitive Comparison of Air China's Debt-to-Revenue

For the Airlines subindustry, Air China's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Air China's Debt-to-Revenue Distribution in the Transportation Industry

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

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



Air China Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Air China's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8625.426 + 21572.029) / 19761.384
=1.53

Air China's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(9757.749 + 20785.82) / 22254.108
=1.37

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Air China Debt-to-Revenue Related Terms

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Air China (Air China) Business Description

Address
30 Tianzhu Road, Airport Industrial Zone, Blue Sky Mansion, Shunyi District, Beijing, CHN, 101312
Air China is based in Beijing. It is one of the largest state-owned airlines and the flag carrier in China. The group operated a fleet of 762 aircraft as of 2022 and carried more than 115 million passengers in prepandemic 2019. It runs a spoke-and-hub model under which it gathers and distributes passengers from air hubs such as Beijing, Chengdu, and Shanghai. The group's route network extends to over 187 destinations and 43 countries and regions.