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$452.4M respectively. Corporate Travel Management's EBIT is A$115.4M making its interest coverage ratio -2507.7. It has cash and short-term investments of A$134.8M.

Key information

Debt to equity ratio

AU$0

Debt

Interest coverage ratio	-2507.7x
Cash	AU$134.77m
Equity	AU$1.19b
Total liabilities	AU$452.41m
Total assets	AU$1.64b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 1C6's short term assets (A$559.0M) exceed its short term liabilities (A$416.9M).

Long Term Liabilities: 1C6's short term assets (A$559.0M) exceed its long term liabilities (A$35.5M).

Debt to Equity History and Analysis

Debt Level: 1C6 is debt free.

Reducing Debt: 1C6 has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.

Debt Coverage: 1C6 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1C6 has no debt, therefore coverage of interest payments is not a concern.

Corporate Travel Management Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Final dividend of AU$0.12 announced

Corporate Travel Management Limited Declares Ordinary Unfranked Dividend for the Six Months Ended June 30, 2024, Payable on 4 October 2024

Full year 2024 earnings released: EPS: AU$0.58 (vs AU$0.53 in FY 2023)

New minor risk - Share price stability

Corporate Travel Management Announces Management Changes, Effective 1 September 2024

Corporate Travel Management Limited Announces Laura Ruffles Steps Down as Executive Director and CEO ANZ, Asia and Europe

MD & Executive Director recently bought €846k worth of stock

First half 2024 earnings released: EPS: AU$0.34 (vs AU$0.11 in 1H 2023)

Corporate Travel Management Limited, Annual General Meeting, Oct 31, 2024

Corporate Travel Management Limited Announces Global Chief Financial Officer Changes

Corporate Travel Management Limited to Report First Half, 2024 Results on Feb 21, 2024

Corporate Travel Management Limited (ASX:CTD) announces an Equity Buyback for 6,000,000 shares, representing 4.1% for AUD 100 million.

Upcoming dividend of AU$0.22 per share at 1.5% yield

Corporate Travel Management Limited Declares Ordinary Unfranked Dividend for the Six Months Ended June 30, 2023, Payable on October 5, 2023

Full year 2023 earnings released: EPS: AU$0.53 (vs AU$0.022 in FY 2022)

Corporate Travel Management Limited Announces CFO Changes

Corporate Travel Management Limited Announces Senior Management Changes

Global COO & Executive Director recently sold €770k worth of stock

Upcoming dividend of AU$0.06 per share at 0.3% yield

First half 2023 earnings released: EPS: AU$0.11 (vs AU$0.063 loss in 1H 2022)

Corporate Travel Management Limited to Report Fiscal Year 2023 Results on Aug 23, 2023

Now 20% undervalued

Corporate Travel Management Limited to Report First Half, 2023 Results on Feb 15, 2023

Independent Non-Executive Director recently bought €118k worth of stock

Corporate Travel Management Limited Announces Appointment of Marissa Peterson as Director

Corporate Travel Management Announces Marissa Peterson Will Join the Board as A Non-Executive Director, Effective from 25 October 2022

Upcoming dividend of AU$0.05 per share

Full year 2022 earnings released: EPS: AU$0.022 (vs AU$0.42 loss in FY 2021)

Corporate Travel Management Limited Provides Earnings Guidance for the Fiscal Year 2024

Corporate Travel Management Limited (ASX:CTD) completed the acquisition of Corporate and Entertainment Travel Businesses in Australia and New Zealand of Helloworld Travel.

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Corporate Travel Management Limited, Annual General Meeting, Oct 26, 2022

Corporate Travel Management Limited to Report First Half, 2022 Results on Feb 16, 2022

Corporate Travel Management Limited (ASX:CTD) entered into an agreement to acquire Corporate and Entertainment Travel Businesses in Australia and New Zealand of Helloworld Travel for AUD 175 million.

Global Chief Legal Officer & Company Secretary Anne Tucker has left the company

MD & Executive Director recently sold €24m worth of stock

Full year 2021 earnings released: AU$0.42 loss per share (vs AU$0.075 loss in FY 2020)

Global COO & Executive Director recently sold €647k worth of stock

MD & Executive Director recently sold €21m worth of stock

New 90-day high: €13.30

First half 2021 earnings released: AU$0.30 loss per share (vs AU$0.30 profit in 1H 2020)

Revenue beats expectations

Corporate Travel Management Limited Announces Executive Changes

Corporate Travel Management Limited to Report First Half, 2021 Results on Feb 17, 2021

New 90-day high: €12.30

Global COO & Executive Director recently sold €1.7m worth of stock

Corporate Travel Management Limited (ASX:CTD) completed the acquisition of Travel and Transport, Inc. (T&T).

Corporate Travel Management Limited (ASX:CTD) has entered into a binding agreement to acquire Travel and Transport, Inc. for approximately $200 million.

Corporate Travel Management Limited Not in a Position to Provide Earnings Guidance for the Fiscal Year 2021

New 90-day low - €4.84

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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