Jet Airways (India) (BOM:532617) Cash-to-Debt : N/A (As of Jun. 2023)

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What is Jet Airways (India) 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. Jet Airways (India)'s cash to debt ratio for the quarter that ended in Jun. 2023 was N/A.

The historical rank and industry rank for Jet Airways (India)'s Cash-to-Debt or its related term are showing as below:

BOM:532617' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.03 Med: 0.09 Max: 0.23
Current: 0.1

During the past 13 years, Jet Airways (India)'s highest Cash to Debt Ratio was 0.23. The lowest was 0.03. And the median was 0.09.

BOM:532617's Cash-to-Debt is ranked worse than
83.25% of 967 companies
in the Transportation industry
Industry Median: 0.49 vs BOM:532617: 0.10

Jet Airways (India) Cash-to-Debt Historical Data

The historical data trend for Jet Airways (India)'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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Jet Airways (India) Cash-to-Debt Chart

Jet Airways (India) Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Cash-to-Debt

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0.14

0.03

0.07

0.09

0.10

Jet Airways (India) Quarterly Data
	Mar17	Mar18	Sep18	Mar19	Jun19	Sep19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Cash-to-Debt	Get a 7-Day Free Trial															N/A	0.11	N/A	0.10	N/A

Competitive Comparison of Jet Airways (India)'s Cash-to-Debt

For the Airlines subindustry, Jet Airways (India)'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.

Jet Airways (India)'s Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jet Airways (India)'s Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Jet Airways (India)'s Cash-to-Debt falls into.

Jet Airways (India) 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.

Jet Airways (India)'s Cash to Debt Ratio for the fiscal year that ended in Mar. 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)
	=	3474.4	/	(35412.1	+	200)
	=	0.10

Jet Airways (India)'s Cash to Debt Ratio for the quarter that ended in Jun. 2023 is calculated as:

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

Jet Airways (India) (BOM:532617) 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.

Jet Airways (India) Cash-to-Debt Related Terms

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Jet Airways (India) (BOM:532617) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Jet Airways (India) Ltd (BOM:532617) » Definitions » Cash-to-Debt

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JETAIRWAYS:India

Address

252, LBS Marg, Global One, 3rd Floor, Kurla (West), Mumbai, MH, IND, 400070

Website

https://www.jetairways.com

Jet Airways (India) Ltd is an international airline operating out of India. The company principal activities include carriage of passengers and cargo in Domestic and International sectors. Passenger tickets may be purchased on its website and through mobile applications. It has arrangements with multiple international airlines to expand global destinations and increase access for customers. Additionally, multiple partnerships with hotels, dining and others allow customers to make accommodations for an entire trip. Geographically, it derives a majority of revenue from India.

Jet Airways (India) (BOM:532617) Headlines

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