Trans Oceans Tours Balance Sheet Health
Financial Health criteria checks 6/6
Trans Oceans Tours has a total shareholder equity of EGP74.0M and total debt of EGP0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are EGP81.9M and EGP7.9M respectively.
Key information
0%
Debt to equity ratio
ج.م0
Debt
Interest coverage ratio | n/a |
Cash | ج.م10.49m |
Equity | ج.م73.97m |
Total liabilities | ج.م7.93m |
Total assets | ج.م81.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TRTO's short term assets (EGP11.5M) exceed its short term liabilities (EGP4.9M).
Long Term Liabilities: TRTO's short term assets (EGP11.5M) exceed its long term liabilities (EGP3.0M).
Debt to Equity History and Analysis
Debt Level: TRTO is debt free.
Reducing Debt: TRTO has no debt compared to 5 years ago when its debt to equity ratio was 10.4%.
Debt Coverage: TRTO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TRTO has no debt, therefore coverage of interest payments is not a concern.