Surf Air Mobility (Surf Air Mobility) Debt-to-Asset : 0.43 (As of Mar. 2024)

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What is Surf Air Mobility Debt-to-Asset?

Surf Air Mobility's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $21.13 Mil. Surf Air Mobility's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $25.79 Mil. Surf Air Mobility's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2024 was $108.79 Mil. Surf Air Mobility's debt to asset for the quarter that ended in Mar. 2024 was 0.43.

Surf Air Mobility Debt-to-Asset Historical Data

The historical data trend for Surf Air Mobility'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.

* Premium members only.

Surf Air Mobility Debt-to-Asset Chart

Surf Air Mobility Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

1.74

3.11

2.21

0.43

Surf Air Mobility Quarterly Data
	Dec20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Asset	Get a 7-Day Free Trial							0.13	2.41	0.26	0.43	0.43

Competitive Comparison of Surf Air Mobility's Debt-to-Asset

For the Airlines subindustry, Surf Air Mobility'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.

Surf Air Mobility's Debt-to-Asset Distribution in the Transportation Industry

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

* The bar in red indicates where Surf Air Mobility's Debt-to-Asset falls into.

Surf Air Mobility Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Surf Air Mobility'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
	=	(20.188	+	27.261)	/	110.989
	=	0.43

Surf Air Mobility's Debt-to-Asset for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(21.133	+	25.794)	/	108.786
	=	0.43

Surf Air Mobility (NYSE:SRFM) 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.

Surf Air Mobility Debt-to-Asset Related Terms

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Surf Air Mobility (Surf Air Mobility) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Surf Air Mobility Inc (NYSE:SRFM) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

12111 S. Crenshaw Boulevard, Hawthorne, California 90250, Hawthorne, CA, USA, 90250

Website

https://www.surfair.com

Surf Air Mobility Inc provides a regional air mobility platform with scheduled routes and on demand charter flights operated by third-party Part 135 charter operators. It generates revenue through the sale of membership products, non-member single seats, or flight products for both scheduled and on-demand flights.

Executives

Edward A. Mady	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Bruce L. Hack	director	6060 CENTER DRIVE, 5TH FLOOR, LOS ANGELES CA 90045
Carl A Albert	director	C/O BOISE INC., 1111 WEST JEFFERSON STREET, SUITE 200, BOISE ID 83702-5388
John J. D'agostino	director	201 E 79TH STREET 6A, NEW YORK CITY NY 10075
Tyler Painter	director	C/O SURF AIR MOBILITY, 12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Sudhin Shahani	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Deanna Leigh White	officer: Chief Financial Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Tyrone D. Bland	director	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250
Robert S. Little	director, officer: Chief Executive Officer	12111 S. CRENSHAW BLVD., HAWTHORNE CA 90250