TUI Balance Sheet Health
Financial Health criteria checks 1/6
TUI has a total shareholder equity of €1.4B and total debt of €3.0B, which brings its debt-to-equity ratio to 214.4%. Its total assets and total liabilities are €15.5B and €14.1B respectively. TUI's EBIT is €720.3M making its interest coverage ratio 1.6. It has cash and short-term investments of €1.8B.
Key information
214.4%
Debt to equity ratio
€2.99b
Debt
Interest coverage ratio | 1.6x |
Cash | €1.79b |
Equity | €1.39b |
Total liabilities | €14.12b |
Total assets | €15.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUI's short term assets (€3.8B) do not cover its short term liabilities (€7.3B).
Long Term Liabilities: TUI's short term assets (€3.8B) do not cover its long term liabilities (€6.8B).
Debt to Equity History and Analysis
Debt Level: TUI's net debt to equity ratio (85.7%) is considered high.
Reducing Debt: TUI's debt to equity ratio has increased from 71.8% to 214.4% over the past 5 years.
Debt Coverage: TUI's debt is well covered by operating cash flow (56.7%).
Interest Coverage: TUI's interest payments on its debt are not well covered by EBIT (1.6x coverage).