Travel + Leisure Balance Sheet Health
Financial Health criteria checks 1/6
Travel + Leisure has a total shareholder equity of $-925.0M and total debt of $5.9B, which brings its debt-to-equity ratio to -638.2%. Its total assets and total liabilities are $7.0B and $7.9B respectively. Travel + Leisure's EBIT is $758.0M making its interest coverage ratio 3.1. It has cash and short-term investments of $479.0M.
Key information
-638.2%
Debt to equity ratio
US$5.90b
Debt
Interest coverage ratio | 3.1x |
Cash | US$479.00m |
Equity | -US$925.00m |
Total liabilities | US$7.95b |
Total assets | US$7.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0M1K has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0M1K has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0M1K has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0M1K's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 0M1K's debt is not well covered by operating cash flow (6.6%).
Interest Coverage: 0M1K's interest payments on its debt are well covered by EBIT (3.1x coverage).