AirTrip Balance Sheet Health
Financial Health criteria checks 6/6
AirTrip has a total shareholder equity of ¥15.3B and total debt of ¥3.5B, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are ¥31.3B and ¥16.0B respectively. AirTrip's EBIT is ¥2.4B making its interest coverage ratio 5.1. It has cash and short-term investments of ¥9.1B.
Key information
22.9%
Debt to equity ratio
JP¥3.52b
Debt
| Interest coverage ratio | 5.1x |
| Cash | JP¥9.10b |
| Equity | JP¥15.34b |
| Total liabilities | JP¥15.95b |
| Total assets | JP¥31.29b |
Recent financial health updates
Recent updates
Time To Worry? Analysts Are Downgrading Their AirTrip Corp. (TSE:6191) Outlook
Nov 16
Why We're Not Concerned Yet About AirTrip Corp.'s (TSE:6191) 25% Share Price Plunge
Aug 06Is Now An Opportune Moment To Examine AirTrip Corp. (TSE:6191)?
Apr 03These 4 Measures Indicate That AirTrip (TSE:6191) Is Using Debt Safely
Mar 20AirTrip Corp.'s (TSE:6191) 26% Cheaper Price Remains In Tune With Earnings
Mar 05Financial Position Analysis
Short Term Liabilities: 6191's short term assets (¥22.8B) exceed its short term liabilities (¥13.2B).
Long Term Liabilities: 6191's short term assets (¥22.8B) exceed its long term liabilities (¥2.8B).
Debt to Equity History and Analysis
Debt Level: 6191 has more cash than its total debt.
Reducing Debt: 6191's debt to equity ratio has reduced from 129.1% to 22.9% over the past 5 years.
Debt Coverage: 6191's debt is well covered by operating cash flow (51.8%).
Interest Coverage: 6191's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 17:37 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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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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
AirTrip Corp. is covered by 3 analysts. 2 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 |
|---|---|
| Taro Ishihara | Daiwa Securities Co. Ltd. |
| null null | Storm Research Limited |
| Takayuki Katou | Tokai Tokyo Intelligence Laboratory Co., Ltd. |