Helloworld Travel Balance Sheet Health
Financial Health criteria checks 6/6
Helloworld Travel has a total shareholder equity of A$323.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$608.2M and A$284.9M respectively. Helloworld Travel's EBIT is A$32.4M making its interest coverage ratio -6.5. It has cash and short-term investments of A$134.9M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -6.5x |
Cash | AU$134.86m |
Equity | AU$323.27m |
Total liabilities | AU$284.90m |
Total assets | AU$608.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ID9's short term assets (A$232.4M) exceed its short term liabilities (A$215.9M).
Long Term Liabilities: ID9's short term assets (A$232.4M) exceed its long term liabilities (A$69.0M).
Debt to Equity History and Analysis
Debt Level: ID9 is debt free.
Reducing Debt: ID9 has no debt compared to 5 years ago when its debt to equity ratio was 16.7%.
Debt Coverage: ID9 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ID9 has no debt, therefore coverage of interest payments is not a concern.