ByteTravel Balance Sheet Health
Financial Health criteria checks 5/6
ByteTravel has a total shareholder equity of €2.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.4M and €1.5M respectively. ByteTravel's EBIT is €2.5M making its interest coverage ratio -150.7. It has cash and short-term investments of €2.4M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -150.7x |
| Cash | €2.38m |
| Equity | €2.88m |
| Total liabilities | €1.50m |
| Total assets | €4.38m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: SCBYT's short term assets (€4.2M) exceed its short term liabilities (€2.9M).
Long Term Liabilities: SCBYT's short term assets (€4.2M) do not cover its long term liabilities (€-1.4M).
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.