Easy Trip Planners Balance Sheet Health
Financial Health criteria checks 5/6
Easy Trip Planners has a total shareholder equity of ₹6.9B and total debt of ₹307.9M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹10.8B and ₹4.0B respectively. Easy Trip Planners's EBIT is ₹1.9B making its interest coverage ratio -29.7. It has cash and short-term investments of ₹1.7B.
Key information
4.5%
Debt to equity ratio
₹307.91m
Debt
| Interest coverage ratio | -29.7x |
| Cash | ₹1.69b |
| Equity | ₹6.88b |
| Total liabilities | ₹3.96b |
| Total assets | ₹10.84b |
Recent financial health updates
Does Easy Trip Planners (NSE:EASEMYTRIP) Have A Healthy Balance Sheet?
Sep 27
Here's Why Easy Trip Planners (NSE:EASEMYTRIP) Can Manage Its Debt Responsibly
May 31Recent updates
Earnings Report: Easy Trip Planners Limited Missed Revenue Estimates By 33%
Nov 17One Easy Trip Planners Limited (NSE:EASEMYTRIP) Broker Just Cut Their Revenue Forecasts By 30%
Nov 16Some Easy Trip Planners Limited (NSE:EASEMYTRIP) Shareholders Look For Exit As Shares Take 27% Pounding
Oct 23Does Easy Trip Planners (NSE:EASEMYTRIP) Have A Healthy Balance Sheet?
Sep 27The Trend Of High Returns At Easy Trip Planners (NSE:EASEMYTRIP) Has Us Very Interested
Jul 27Investors Can Find Comfort In Easy Trip Planners' (NSE:EASEMYTRIP) Earnings Quality
Jun 01Here's Why Easy Trip Planners (NSE:EASEMYTRIP) Can Manage Its Debt Responsibly
May 31There's Reason For Concern Over Easy Trip Planners Limited's (NSE:EASEMYTRIP) Price
Apr 27Why The 32% Return On Capital At Easy Trip Planners (NSE:EASEMYTRIP) Should Have Your Attention
Nov 15Easy Trip Planners Limited (NSE:EASEMYTRIP) Analysts Just Trimmed Their Revenue Forecasts By 12%
Jun 01Earnings Miss: Easy Trip Planners Limited Missed EPS By 6.1% And Analysts Are Revising Their Forecasts
May 30Is There Now An Opportunity In Easy Trip Planners Limited (NSE:EASEMYTRIP)?
Apr 05If EPS Growth Is Important To You, Easy Trip Planners (NSE:EASEMYTRIP) Presents An Opportunity
Jan 17These Analysts Think Easy Trip Planners Limited's (NSE:EASEMYTRIP) Sales Are Under Threat
Aug 02Here's Why We Think Easy Trip Planners (NSE:EASEMYTRIP) Might Deserve Your Attention Today
Jun 17Is Now The Time To Put Easy Trip Planners (NSE:EASEMYTRIP) On Your Watchlist?
Mar 18Easy Trip Planners' (NSE:EASEMYTRIP) Earnings Are Of Questionable Quality
Nov 10Market Participants Recognise Easy Trip Planners Limited's (NSE:EASEMYTRIP) Earnings Pushing Shares 59% Higher
Jun 19Financial Position Analysis
Short Term Liabilities: EASEMYTRIP's short term assets (₹7.7B) exceed its short term liabilities (₹2.8B).
Long Term Liabilities: EASEMYTRIP's short term assets (₹7.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: EASEMYTRIP has more cash than its total debt.
Reducing Debt: EASEMYTRIP's debt to equity ratio has increased from 4% to 4.5% over the past 5 years.
Debt Coverage: EASEMYTRIP's debt is well covered by operating cash flow (669.9%).
Interest Coverage: EASEMYTRIP earns more interest than it pays, so coverage of interest payments is not a concern.