TravelSky Technology Balance Sheet Health
Financial Health criteria checks 4/6
TravelSky Technology has a total shareholder equity of CN¥21.0B and total debt of CN¥951.8M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥27.5B and CN¥6.5B respectively. TravelSky Technology's EBIT is CN¥1.3B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥11.0B.
Key information
4.5%
Debt to equity ratio
CN¥951.80m
Debt
Interest coverage ratio | -5.8x |
Cash | CN¥11.03b |
Equity | CN¥21.02b |
Total liabilities | CN¥6.48b |
Total assets | CN¥27.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TVL's short term assets (CN¥18.1B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: TVL's short term assets (CN¥18.1B) exceed its long term liabilities (CN¥288.0M).
Debt to Equity History and Analysis
Debt Level: TVL has more cash than its total debt.
Reducing Debt: TVL's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: TVL's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: TVL earns more interest than it pays, so coverage of interest payments is not a concern.