Corporate Travel Management Balance Sheet Health
Financial Health criteria checks 6/6
Corporate Travel Management has a total shareholder equity of A$1.2B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.6B and A$427.2M respectively. Corporate Travel Management's EBIT is A$146.6M making its interest coverage ratio 62.9. It has cash and short-term investments of A$131.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 62.9x |
Cash | AU$131.34m |
Equity | AU$1.19b |
Total liabilities | AU$427.20m |
Total assets | AU$1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTD's short term assets (A$537.2M) exceed its short term liabilities (A$389.6M).
Long Term Liabilities: CTD's short term assets (A$537.2M) exceed its long term liabilities (A$37.6M).
Debt to Equity History and Analysis
Debt Level: CTD is debt free.
Reducing Debt: CTD has no debt compared to 5 years ago when its debt to equity ratio was 10.9%.
Debt Coverage: CTD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTD has no debt, therefore coverage of interest payments is not a concern.