Flight Centre Travel Group Balance Sheet Health
Financial Health criteria checks 5/6
Flight Centre Travel Group has a total shareholder equity of A$1.2B and total debt of A$756.8M, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are A$4.2B and A$3.0B respectively. Flight Centre Travel Group's EBIT is A$254.9M making its interest coverage ratio 9.1. It has cash and short-term investments of A$728.3M.
Key information
62.9%
Debt to equity ratio
AU$756.77m
Debt
| Interest coverage ratio | 9.1x |
| Cash | AU$728.29m |
| Equity | AU$1.20b |
| Total liabilities | AU$3.01b |
| Total assets | AU$4.21b |
Recent financial health updates
Here's Why Flight Centre Travel Group (ASX:FLT) Has A Meaningful Debt Burden
Dec 11
We Think Flight Centre Travel Group (ASX:FLT) Can Stay On Top Of Its Debt
Sep 02Is Flight Centre Travel Group (ASX:FLT) A Risky Investment?
Oct 25Health Check: How Prudently Does Flight Centre Travel Group (ASX:FLT) Use Debt?
Feb 27Is Flight Centre Travel Group (ASX:FLT) A Risky Investment?
Mar 24Is Flight Centre Travel Group (ASX:FLT) Using Debt In A Risky Way?
Nov 22Recent updates
We Think The Compensation For Flight Centre Travel Group Limited's (ASX:FLT) CEO Looks About Right
Nov 07Flight Centre Travel Group (ASX:FLT) Is Increasing Its Dividend To A$0.30
Aug 30Estimating The Fair Value Of Flight Centre Travel Group Limited (ASX:FLT)
Apr 02Why Flight Centre Travel Group Limited (ASX:FLT) Could Be Worth Watching
Mar 18Analysts Have Made A Financial Statement On Flight Centre Travel Group Limited's (ASX:FLT) Interim Report
Mar 02Investors Interested In Flight Centre Travel Group Limited's (ASX:FLT) Revenues
Feb 02Here's Why Flight Centre Travel Group (ASX:FLT) Has A Meaningful Debt Burden
Dec 11Is Now The Time To Look At Buying Flight Centre Travel Group Limited (ASX:FLT)?
Nov 27Here's Why Shareholders May Consider Paying Flight Centre Travel Group Limited's (ASX:FLT) CEO A Little More
Nov 08Flight Centre Travel Group (ASX:FLT) Will Want To Turn Around Its Return Trends
Nov 07Is There An Opportunity With Flight Centre Travel Group Limited's (ASX:FLT) 33% Undervaluation?
Oct 10We Think Flight Centre Travel Group (ASX:FLT) Can Stay On Top Of Its Debt
Sep 02Why Flight Centre Travel Group Limited (ASX:FLT) Could Be Worth Watching
Aug 18Flight Centre Travel Group Limited (ASX:FLT) Shares Could Be 43% Below Their Intrinsic Value Estimate
Jul 06Why Flight Centre Travel Group Limited (ASX:FLT) Could Be Worth Watching
May 07Are Investors Undervaluing Flight Centre Travel Group Limited (ASX:FLT) By 34%?
Mar 25Flight Centre Travel Group Limited (ASX:FLT) Shares Could Be 49% Below Their Intrinsic Value Estimate
Nov 17Is Flight Centre Travel Group (ASX:FLT) A Risky Investment?
Oct 25Is There An Opportunity With Flight Centre Travel Group Limited's (ASX:FLT) 24% Undervaluation?
Jul 04Is It Time To Consider Buying Flight Centre Travel Group Limited (ASX:FLT)?
May 20Health Check: How Prudently Does Flight Centre Travel Group (ASX:FLT) Use Debt?
Feb 27Flight Centre Travel Group Limited's (ASX:FLT) Intrinsic Value Is Potentially 25% Below Its Share Price
Nov 27Is Flight Centre Travel Group (ASX:FLT) A Risky Investment?
Mar 24What Type Of Returns Would Flight Centre Travel Group's(ASX:FLT) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 26Are Insiders Buying Flight Centre Travel Group Limited (ASX:FLT) Stock?
Feb 03Do Institutions Own Flight Centre Travel Group Limited (ASX:FLT) Shares?
Jan 08Is Flight Centre Travel Group (ASX:FLT) Using Debt In A Risky Way?
Nov 22Have Insiders Been Buying Flight Centre Travel Group Limited (ASX:FLT) Shares This Year?
Jun 26Financial Position Analysis
Short Term Liabilities: FLT's short term assets (A$2.5B) exceed its short term liabilities (A$2.3B).
Long Term Liabilities: FLT's short term assets (A$2.5B) exceed its long term liabilities (A$713.8M).
Debt to Equity History and Analysis
Debt Level: FLT's net debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: FLT's debt to equity ratio has increased from 12.7% to 62.9% over the past 5 years.
Debt Coverage: FLT's debt is well covered by operating cash flow (55.7%).
Interest Coverage: FLT's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:00 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Flight Centre Travel Group Limited is covered by 34 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | APP Securities Pty Ltd. |
| Russell Wright | Barclay Pearce Capital Pty Limited |
| Matthew Ryan | Barrenjoey Markets Pty Limited |