Travels & Rentals Balance Sheet Health
Financial Health criteria checks 4/6
Travels & Rentals has a total shareholder equity of ₹147.8M and total debt of ₹47.1M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ₹247.0M and ₹99.1M respectively. Travels & Rentals's EBIT is ₹43.1M making its interest coverage ratio 50.2. It has cash and short-term investments of ₹4.2M.
Key information
31.9%
Debt to equity ratio
₹47.09m
Debt
| Interest coverage ratio | 50.2x |
| Cash | ₹4.18m |
| Equity | ₹147.85m |
| Total liabilities | ₹99.14m |
| Total assets | ₹246.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544242's short term assets (₹171.2M) exceed its short term liabilities (₹71.8M).
Long Term Liabilities: 544242's short term assets (₹171.2M) exceed its long term liabilities (₹27.3M).
Debt to Equity History and Analysis
Debt Level: 544242's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544242's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544242's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544242's interest payments on its debt are well covered by EBIT (50.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 10:18 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Travels & Rentals Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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