Wise Travel India Balance Sheet Health
Financial Health criteria checks 5/6
Wise Travel India has a total shareholder equity of ₹1.5B and total debt of ₹272.8M, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are ₹2.4B and ₹939.4M respectively. Wise Travel India's EBIT is ₹313.0M making its interest coverage ratio 8.5. It has cash and short-term investments of ₹1.0B.
Key information
18.3%
Debt to equity ratio
₹272.80m
Debt
| Interest coverage ratio | 8.5x |
| Cash | ₹1.04b |
| Equity | ₹1.49b |
| Total liabilities | ₹939.42m |
| Total assets | ₹2.43b |
Financial Position Analysis
Short Term Liabilities: WTICAB's short term assets (₹2.0B) exceed its short term liabilities (₹769.6M).
Long Term Liabilities: WTICAB's short term assets (₹2.0B) exceed its long term liabilities (₹169.8M).
Debt to Equity History and Analysis
Debt Level: WTICAB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WTICAB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WTICAB's debt is well covered by operating cash flow (70.2%).
Interest Coverage: WTICAB's interest payments on its debt are well covered by EBIT (8.5x coverage).