TravelSky Technology Balance Sheet Health
Financial Health criteria checks 4/6
TravelSky Technology has a total shareholder equity of CN¥21.0B and total debt of CN¥951.8M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are CN¥27.5B and CN¥6.5B respectively. TravelSky Technology's EBIT is CN¥1.3B making its interest coverage ratio -5.8. It has cash and short-term investments of CN¥11.0B.
Key information
4.5%
Debt to equity ratio
CN¥951.80m
Debt
| Interest coverage ratio | -5.8x |
| Cash | CN¥11.03b |
| Equity | CN¥21.02b |
| Total liabilities | CN¥6.48b |
| Total assets | CN¥27.50b |
Recent financial health updates
We Think TravelSky Technology (HKG:696) Can Manage Its Debt With Ease
Apr 12
Is TravelSky Technology (HKG:696) A Risky Investment?
Nov 27TravelSky Technology (HKG:696) Has A Pretty Healthy Balance Sheet
Jun 14We Think TravelSky Technology (HKG:696) Can Manage Its Debt With Ease
Nov 28TravelSky Technology (HKG:696) Has A Rock Solid Balance Sheet
Aug 29Recent updates
We Think TravelSky Technology (HKG:696) Can Manage Its Debt With Ease
Apr 12TravelSky Technology Limited (HKG:696) Shares Could Be 45% Below Their Intrinsic Value Estimate
Mar 28TravelSky Technology Limited's (HKG:696) Stock Retreats 36% But Earnings Haven't Escaped The Attention Of Investors
Feb 11Market Participants Recognise TravelSky Technology Limited's (HKG:696) Earnings
Dec 27TravelSky Technology (HKG:696) Might Be Having Difficulty Using Its Capital Effectively
Dec 12Is TravelSky Technology (HKG:696) A Risky Investment?
Nov 27TravelSky Technology Limited's (HKG:696) Intrinsic Value Is Potentially 27% Above Its Share Price
Nov 09Here's Why We Think TravelSky Technology (HKG:696) Might Deserve Your Attention Today
Sep 12Here's What's Concerning About TravelSky Technology's (HKG:696) Returns On Capital
Aug 23TravelSky Technology Limited's (HKG:696) Intrinsic Value Is Potentially 39% Above Its Share Price
Aug 04TravelSky Technology (HKG:696) Has A Pretty Healthy Balance Sheet
Jun 14Be Wary Of TravelSky Technology (HKG:696) And Its Returns On Capital
May 14Is TravelSky Technology Limited (HKG:696) Trading At A 28% Discount?
Apr 27A Look At The Fair Value Of TravelSky Technology Limited (HKG:696)
Jan 23Capital Allocation Trends At TravelSky Technology (HKG:696) Aren't Ideal
Dec 16We Think TravelSky Technology (HKG:696) Can Manage Its Debt With Ease
Nov 28TravelSky Technology (HKG:696) May Have Issues Allocating Its Capital
Sep 16TravelSky Technology (HKG:696) Has A Rock Solid Balance Sheet
Aug 29Investors Could Be Concerned With TravelSky Technology's (HKG:696) Returns On Capital
Jun 15Calculating The Intrinsic Value Of TravelSky Technology Limited (HKG:696)
May 23TravelSky Technology Limited (HKG:696) Analysts Are Reducing Their Forecasts For This Year
Mar 29TravelSky Technology (HKG:696) May Have Issues Allocating Its Capital
Mar 15Is It Too Late To Consider Buying TravelSky Technology Limited (HKG:696)?
Feb 01TravelSky Technology's (HKG:696) Returns On Capital Not Reflecting Well On The Business
Dec 07Estimating The Fair Value Of TravelSky Technology Limited (HKG:696)
Nov 18Is Now The Time To Look At Buying TravelSky Technology Limited (HKG:696)?
Oct 18TravelSky Technology (HKG:696) Is Reinvesting At Lower Rates Of Return
Aug 27A Look At The Intrinsic Value Of TravelSky Technology Limited (HKG:696)
Jul 29Investors In TravelSky Technology Limited (HKG:696) Should Consider This, First
Mar 19Should You Investigate TravelSky Technology Limited (HKG:696) At HK$19.16?
Mar 01Does TravelSky Technology's (HKG:696) Share Price Gain of 57% Match Its Business Performance?
Feb 16
What Type Of Shareholders Make Up TravelSky Technology Limited's (HKG:696) Share Registry?
Feb 03Does TravelSky Technology's (HKG:696) Statutory Profit Adequately Reflect Its Underlying Profit?
Jan 22A Look At The Fair Value Of TravelSky Technology Limited (HKG:696)
Jan 11Financial Position Analysis
Short Term Liabilities: 696's short term assets (CN¥18.1B) exceed its short term liabilities (CN¥6.2B).
Long Term Liabilities: 696's short term assets (CN¥18.1B) exceed its long term liabilities (CN¥288.0M).
Debt to Equity History and Analysis
Debt Level: 696 has more cash than its total debt.
Reducing Debt: 696's debt to equity ratio has increased from 0% to 4.5% over the past 5 years.
Debt Coverage: 696's debt is not well covered by operating cash flow (14.4%).
Interest Coverage: 696 earns more interest than it pays, so coverage of interest payments is not a concern.