Salamis Tours (Holdings) Balance Sheet Health
Financial Health criteria checks 6/6
Salamis Tours (Holdings) has a total shareholder equity of €72.1M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €84.0M and €11.9M respectively. Salamis Tours (Holdings)'s EBIT is €13.4M making its interest coverage ratio -23.7. It has cash and short-term investments of €42.9M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -23.7x |
| Cash | €42.91m |
| Equity | €72.14m |
| Total liabilities | €11.86m |
| Total assets | €84.00m |
Recent financial health updates
No updates
Recent updates
Salamis Tours (Holdings) (CSE:SAL) Is Increasing Its Dividend To €0.10
Jun 25
Salamis Tours (Holdings) (CSE:SAL) Shareholders Will Want The ROCE Trajectory To Continue
Apr 21Here's Why We Think Salamis Tours (Holdings) (CSE:SAL) Is Well Worth Watching
May 21There Are Reasons To Feel Uneasy About Salamis Tours (Holdings)'s (CSE:SAL) Returns On Capital
Feb 05Returns At Salamis Tours (Holdings) (CSE:SAL) Appear To Be Weighed Down
Apr 19Is Salamis Tours (Holdings) Public Limited's (CSE:SAL) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Feb 11Has Salamis Tours (Holdings) (CSE:SAL) Got What It Takes To Become A Multi-Bagger?
Jan 15Financial Position Analysis
Short Term Liabilities: SAL's short term assets (€49.5M) exceed its short term liabilities (€8.9M).
Long Term Liabilities: SAL's short term assets (€49.5M) exceed its long term liabilities (€2.9M).
Debt to Equity History and Analysis
Debt Level: SAL is debt free.
Reducing Debt: SAL has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: SAL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SAL has no debt, therefore coverage of interest payments is not a concern.