TUI Balance Sheet Health
Financial Health criteria checks 3/6
TUI has a total shareholder equity of €1.3B and total debt of €1.9B, which brings its debt-to-equity ratio to 154.8%. Its total assets and total liabilities are €18.0B and €16.8B respectively. TUI's EBIT is €900.9M making its interest coverage ratio 2.3. It has cash and short-term investments of €2.5B.
Key information
154.8%
Debt to equity ratio
€1.94b
Debt
| Interest coverage ratio | 2.3x |
| Cash | €2.55b |
| Equity | €1.25b |
| Total liabilities | €16.77b |
| Total assets | €18.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUI1's short term assets (€6.0B) do not cover its short term liabilities (€11.0B).
Long Term Liabilities: TUI1's short term assets (€6.0B) exceed its long term liabilities (€5.8B).
Debt to Equity History and Analysis
Debt Level: TUI1 has more cash than its total debt.
Reducing Debt: TUI1's debt to equity ratio has increased from 80.9% to 154.8% over the past 5 years.
Debt Coverage: TUI1's debt is well covered by operating cash flow (88.2%).
Interest Coverage: TUI1's interest payments on its debt are not well covered by EBIT (2.3x coverage).