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Travel Technology Interactive Balance Sheet Health
Financial Health criteria checks 6/6
Travel Technology Interactive has a total shareholder equity of €6.9M and total debt of €1.8M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are €10.2M and €3.3M respectively. Travel Technology Interactive's EBIT is €2.5M making its interest coverage ratio 36. It has cash and short-term investments of €2.6M.
Key information
26.0%
Debt to equity ratio
€1.80m
Debt
| Interest coverage ratio | 36x |
| Cash | €2.56m |
| Equity | €6.92m |
| Total liabilities | €3.33m |
| Total assets | €10.25m |
Recent financial health updates
Travel Technology Interactive (EPA:ALTTI) Could Easily Take On More Debt
Oct 17
We Think Travel Technology Interactive (EPA:ALTTI) Can Manage Its Debt With Ease
May 09Here's Why Travel Technology Interactive (EPA:ALTTI) Can Manage Its Debt Responsibly
May 02We Think Travel Technology Interactive (EPA:ALTTI) Has A Fair Chunk Of Debt
May 04Recent updates
The Market Doesn't Like What It Sees From Travel Technology Interactive's (EPA:ALTTI) Earnings Yet As Shares Tumble 40%
Feb 24Estimating The Fair Value Of Travel Technology Interactive (EPA:ALTTI)
Feb 14Pinning Down Travel Technology Interactive's (EPA:ALTTI) P/E Is Difficult Right Now
Dec 30Travel Technology Interactive (EPA:ALTTI) Could Easily Take On More Debt
Oct 17We Think Travel Technology Interactive (EPA:ALTTI) Can Manage Its Debt With Ease
May 09Optimistic Investors Push Travel Technology Interactive (EPA:ALTTI) Shares Up 27% But Growth Is Lacking
Dec 22Here's Why Travel Technology Interactive (EPA:ALTTI) Can Manage Its Debt Responsibly
May 02We Think Travel Technology Interactive (EPA:ALTTI) Has A Fair Chunk Of Debt
May 04Financial Position Analysis
Short Term Liabilities: ALTTI's short term assets (€4.2M) exceed its short term liabilities (€1.8M).
Long Term Liabilities: ALTTI's short term assets (€4.2M) exceed its long term liabilities (€1.5M).
Debt to Equity History and Analysis
Debt Level: ALTTI has more cash than its total debt.
Reducing Debt: ALTTI's debt to equity ratio has reduced from 70.7% to 26% over the past 5 years.
Debt Coverage: ALTTI's debt is well covered by operating cash flow (157.3%).
Interest Coverage: ALTTI's interest payments on its debt are well covered by EBIT (36x coverage).