Top Kinisis Travel Balance Sheet Health
Financial Health criteria checks 5/6
Top Kinisis Travel has a total shareholder equity of €1.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €8.4M and €6.5M respectively. Top Kinisis Travel's EBIT is €1.1M making its interest coverage ratio 71.7. It has cash and short-term investments of €2.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 71.7x |
| Cash | €2.28m |
| Equity | €1.92m |
| Total liabilities | €6.47m |
| Total assets | €8.39m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TOP's short term assets (€4.6M) do not cover its short term liabilities (€6.2M).
Long Term Liabilities: TOP's short term assets (€4.6M) exceed its long term liabilities (€272.2K).
Debt to Equity History and Analysis
Debt Level: TOP is debt free.
Reducing Debt: TOP has no debt compared to 5 years ago when its debt to equity ratio was 31.4%.
Debt Coverage: TOP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TOP has no debt, therefore coverage of interest payments is not a concern.