Wise Travel India Balance Sheet Health
Financial Health criteria checks 4/6
Wise Travel India has a total shareholder equity of ₹406.2M and total debt of ₹264.2M, which brings its debt-to-equity ratio to 65%. Its total assets and total liabilities are ₹1.2B and ₹810.1M respectively. Wise Travel India's EBIT is ₹153.5M making its interest coverage ratio 10.1. It has cash and short-term investments of ₹131.0M.
Key information
65.0%
Debt to equity ratio
₹264.17m
Debt
Interest coverage ratio | 10.1x |
Cash | ₹130.95m |
Equity | ₹406.22m |
Total liabilities | ₹810.11m |
Total assets | ₹1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTICAB's short term assets (₹929.6M) exceed its short term liabilities (₹627.0M).
Long Term Liabilities: WTICAB's short term assets (₹929.6M) exceed its long term liabilities (₹183.1M).
Debt to Equity History and Analysis
Debt Level: WTICAB's net debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WTICAB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WTICAB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WTICAB's interest payments on its debt are well covered by EBIT (10.1x coverage).