Air Liquide (XPAR:AI) Cash-to-Debt

: 0.12 (As of Dec. 2023)

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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. Air Liquide's cash to debt ratio for the quarter that ended in Dec. 2023 was 0.12.

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

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

XPAR:AI' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.07 Med: 0.12 Max: 0.15
Current: 0.12

During the past 13 years, Air Liquide's highest Cash to Debt Ratio was 0.15. The lowest was 0.07. And the median was 0.12.

XPAR:AI's Cash-to-Debt is ranked worse than
87.3% of 1551 companies
in the Chemicals industry
Industry Median: 0.76 vs XPAR:AI: 0.12

Air Liquide Cash-to-Debt Historical Data

The historical data trend for Air Liquide'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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Air Liquide Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

0.07

0.13

0.15

0.13

0.12

Air Liquide Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																0.15	0.10	0.13	0.13	0.12

Competitive Comparison

For the Specialty Chemicals subindustry, Air Liquide'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.

Air Liquide Cash-to-Debt Distribution

For the Chemicals industry and Basic Materials sector, Air Liquide's Cash-to-Debt distribution charts can be found below:

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

Air Liquide 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.

Air Liquide's Cash to Debt Ratio for the fiscal year that ended in Dec. 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)
	=	1478.9	/	(2464.8	+	9572.8)
	=	0.12

Air Liquide's Cash to Debt Ratio for the quarter that ended in Dec. 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)
	=	1478.9	/	(2464.8	+	9572.8)
	=	0.12

Air Liquide (XPAR:AI) 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.

Air Liquide Cash-to-Debt Related Terms

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Air Liquide (XPAR:AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Air Liquide SA (XPAR:AI) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

AIQUY:USA AIQUF:USA AI N:Mexico AIp:UK 0NWF:UK AIL:Germany AI:Austria

Address

75, Quai d'Orsay, Paris, FRA, 75007

Website

https://www.airliquide.com

Founded in 1902, Air Liquide is one of the leading industrial gas companies in the world, serving over 3.8 million customers in 78 countries. The company generated approximately EUR 29.9 billion of revenue in 2022, serving a wide range of industries, including chemicals, energy, healthcare, food and beverage, and electronics. The healthcare division serves around 1.8 million patients and 15,000 hospitals and clinics annually. Air Liquide employs approximately 65,000 people.