Web Travel Group Balance Sheet Health
Financial Health criteria checks 6/6
Web Travel Group has a total shareholder equity of A$940.8M and total debt of A$224.3M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are A$1.8B and A$859.5M respectively. Web Travel Group's EBIT is A$136.8M making its interest coverage ratio 19.5. It has cash and short-term investments of A$673.4M.
Key information
23.8%
Debt to equity ratio
AU$224.30m
Debt
| Interest coverage ratio | 19.5x |
| Cash | AU$673.40m |
| Equity | AU$940.80m |
| Total liabilities | AU$859.50m |
| Total assets | AU$1.80b |
Recent financial health updates
Webjet (ASX:WEB) Seems To Use Debt Rather Sparingly
Sep 18
Is Webjet (ASX:WEB) Using Too Much Debt?
May 24Webjet (ASX:WEB) Seems To Use Debt Quite Sensibly
Aug 08Is Webjet (ASX:WEB) A Risky Investment?
Jan 05Is Webjet (ASX:WEB) Using Debt Sensibly?
May 21Is Webjet (ASX:WEB) A Risky Investment?
Aug 17Recent updates
Webjet (ASX:WEB) Seems To Use Debt Rather Sparingly
Sep 18Is Now The Time To Put Webjet (ASX:WEB) On Your Watchlist?
Sep 02Is Now An Opportune Moment To Examine Webjet Limited (ASX:WEB)?
Aug 19With Webjet Limited (ASX:WEB) It Looks Like You'll Get What You Pay For
Jul 18Estimating The Intrinsic Value Of Webjet Limited (ASX:WEB)
Jul 03Webjet's (ASX:WEB) Earnings May Just Be The Starting Point
May 28Is Webjet (ASX:WEB) Using Too Much Debt?
May 24Is It Time To Consider Buying Webjet Limited (ASX:WEB)?
Apr 22The Return Trends At Webjet (ASX:WEB) Look Promising
Apr 06Getting In Cheap On Webjet Limited (ASX:WEB) Might Be Difficult
Mar 21Estimating The Fair Value Of Webjet Limited (ASX:WEB)
Feb 22Should You Investigate Webjet Limited (ASX:WEB) At AU$6.81?
Dec 12There Are Reasons To Feel Uneasy About Webjet's (ASX:WEB) Returns On Capital
Nov 20Webjet (ASX:WEB) Seems To Use Debt Quite Sensibly
Aug 08Webjet (ASX:WEB) Will Be Hoping To Turn Its Returns On Capital Around
Jul 25Should You Think About Buying Webjet Limited (ASX:WEB) Now?
May 03A Look At The Intrinsic Value Of Webjet Limited (ASX:WEB)
Mar 27Is It Too Late To Consider Buying Webjet Limited (ASX:WEB)?
Jan 25Is Webjet (ASX:WEB) A Risky Investment?
Jan 05Webjet Limited's (ASX:WEB) Intrinsic Value Is Potentially 75% Above Its Share Price
Sep 06Is Webjet (ASX:WEB) Using Debt Sensibly?
May 21Is Webjet (ASX:WEB) A Risky Investment?
Aug 17Analyst Forecasts For Webjet Limited (ASX:WEB) Are Surging Higher
May 22Is Webjet (ASX:WEB) Using Too Much Debt?
May 17Analysts Have Lowered Expectations For Webjet Limited (ASX:WEB) After Its Latest Results
Feb 19Bearish: Analysts Just Cut Their Webjet Limited (ASX:WEB) Revenue and EPS estimates
Jan 28Have Insiders Been Selling Webjet Limited (ASX:WEB) Shares?
Jan 13How Much Of Webjet Limited (ASX:WEB) Do Institutions Own?
Dec 08What Type Of Shareholders Own The Most Number of Webjet Limited (ASX:WEB) Shares?
Jul 27Insufficient Growth At Webjet Limited (ASX:WEB) Hampers Share Price
Jul 09Financial Position Analysis
Short Term Liabilities: WEB's short term assets (A$953.4M) exceed its short term liabilities (A$597.2M).
Long Term Liabilities: WEB's short term assets (A$953.4M) exceed its long term liabilities (A$262.3M).
Debt to Equity History and Analysis
Debt Level: WEB has more cash than its total debt.
Reducing Debt: WEB's debt to equity ratio has reduced from 34.1% to 23.8% over the past 5 years.
Debt Coverage: WEB's debt is well covered by operating cash flow (81.9%).
Interest Coverage: WEB's interest payments on its debt are well covered by EBIT (19.5x coverage).