Tourism Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Tourism Holdings has a total shareholder equity of NZ$616.9M and total debt of NZ$502.7M, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are NZ$1.5B and NZ$880.6M respectively. Tourism Holdings's EBIT is NZ$111.3M making its interest coverage ratio 2.8. It has cash and short-term investments of NZ$57.2M.
Key information
81.5%
Debt to equity ratio
NZ$502.67m
Debt
| Interest coverage ratio | 2.8x |
| Cash | NZ$57.22m |
| Equity | NZ$616.89m |
| Total liabilities | NZ$880.57m |
| Total assets | NZ$1.50b |
Recent financial health updates
Recent updates
Should You Think About Buying Tourism Holdings Limited (NZSE:THL) Now?
Oct 24
Increases to Tourism Holdings Limited's (NZSE:THL) CEO Compensation Might Cool off for now
Oct 10Tourism Holdings' (NZSE:THL) Returns On Capital Not Reflecting Well On The Business
Sep 24We Think You Can Look Beyond Tourism Holdings' (NZSE:THL) Lackluster Earnings
Sep 03At NZ$2.07, Is Tourism Holdings Limited (NZSE:THL) Worth Looking At Closely?
Jul 18Earnings Working Against Tourism Holdings Limited's (NZSE:THL) Share Price Following 42% Dive
May 06Here's What Analysts Are Forecasting For Tourism Holdings Limited (NZSE:THL) After Its Interim Results
Feb 23We Think Tourism Holdings Limited's (NZSE:THL) CEO Compensation Package Needs To Be Put Under A Microscope
Oct 14Tourism Holdings (NZSE:THL) Is Reinvesting At Lower Rates Of Return
Jun 09Should You Investigate Tourism Holdings Limited (NZSE:THL) At NZ$2.65?
May 10Tourism Holdings (NZSE:THL) Takes On Some Risk With Its Use Of Debt
Mar 14Returns On Capital At Tourism Holdings (NZSE:THL) Paint An Interesting Picture
Feb 26What Type Of Shareholders Make Up Tourism Holdings Limited's (NZSE:THL) Share Registry?
Feb 11Is It Too Late To Consider Buying Tourism Holdings Limited (NZSE:THL)?
Jan 23Tourism Holdings Limited's (NZSE:THL) Stock Is Going Strong: Have Financials A Role To Play?
Dec 23A Look At Tourism Holdings' (NZSE:THL) Share Price Returns
Dec 08Financial Position Analysis
Short Term Liabilities: THL's short term assets (NZ$349.5M) exceed its short term liabilities (NZ$322.4M).
Long Term Liabilities: THL's short term assets (NZ$349.5M) do not cover its long term liabilities (NZ$558.2M).
Debt to Equity History and Analysis
Debt Level: THL's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: THL's debt to equity ratio has increased from 78.3% to 81.5% over the past 5 years.
Debt Coverage: THL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: THL's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 23:09 |
| End of Day Share Price | 2024/12/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Tourism Holdings Limited is covered by 15 analysts. 6 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 |
|---|---|
| Elijah Mayr | CLSA |
| Jack Crowley | Credit Suisse |
| Wade Gardiner | Deutsche Bank |