ByteTravel Balance Sheet Health
Financial Health criteria checks 6/6
ByteTravel has a total shareholder equity of €3.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €5.1M and €1.1M respectively. ByteTravel's EBIT is €3.1M making its interest coverage ratio -229.6. It has cash and short-term investments of €3.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -229.6x |
| Cash | €3.27m |
| Equity | €3.93m |
| Total liabilities | €1.13m |
| Total assets | €5.06m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SCBYT's short term assets (€4.9M) exceed its short term liabilities (€1.1M).
Long Term Liabilities: SCBYT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCBYT is debt free.
Reducing Debt: SCBYT has not had any debt for past 5 years.
Debt Coverage: SCBYT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SCBYT has no debt, therefore coverage of interest payments is not a concern.