Rainbow Tours Balance Sheet Health
Financial Health criteria checks 5/6
Rainbow Tours has a total shareholder equity of PLN249.8M and total debt of PLN39.2M, which brings its debt-to-equity ratio to 15.7%. Its total assets and total liabilities are PLN983.4M and PLN733.7M respectively. Rainbow Tours's EBIT is PLN221.7M making its interest coverage ratio -14.8. It has cash and short-term investments of PLN275.6M.
Key information
15.7%
Debt to equity ratio
zł39.20m
Debt
| Interest coverage ratio | -14.8x |
| Cash | zł275.63m |
| Equity | zł249.78m |
| Total liabilities | zł733.65m |
| Total assets | zł983.43m |
Recent financial health updates
These 4 Measures Indicate That Rainbow Tours (WSE:RBW) Is Using Debt Safely
Mar 02
Does Rainbow Tours (WSE:RBW) Have A Healthy Balance Sheet?
Sep 09Is Rainbow Tours (WSE:RBW) A Risky Investment?
Jan 05Here's Why Rainbow Tours (WSE:RBW) Can Manage Its Debt Responsibly
Aug 13Is Rainbow Tours (WSE:RBW) Using Too Much Debt?
Nov 28Is Rainbow Tours (WSE:RBW) A Risky Investment?
Jul 14Recent updates
What Rainbow Tours S.A.'s (WSE:RBW) 26% Share Price Gain Is Not Telling You
Mar 08These 4 Measures Indicate That Rainbow Tours (WSE:RBW) Is Using Debt Safely
Mar 02Rainbow Tours S.A.'s (WSE:RBW) 30% Share Price Surge Not Quite Adding Up
Dec 22Why We Like The Returns At Rainbow Tours (WSE:RBW)
Dec 13Does Rainbow Tours (WSE:RBW) Have A Healthy Balance Sheet?
Sep 09There Are Reasons To Feel Uneasy About Rainbow Tours' (WSE:RBW) Returns On Capital
May 18Is Rainbow Tours (WSE:RBW) A Risky Investment?
Jan 05Here's Why Rainbow Tours (WSE:RBW) Can Manage Its Debt Responsibly
Aug 13Is Rainbow Tours (WSE:RBW) Using Too Much Debt?
Nov 28Is Rainbow Tours (WSE:RBW) A Risky Investment?
Jul 14How Much Did Rainbow Tours'(WSE:RBW) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 05Financial Position Analysis
Short Term Liabilities: RBW's short term assets (PLN642.4M) do not cover its short term liabilities (PLN658.8M).
Long Term Liabilities: RBW's short term assets (PLN642.4M) exceed its long term liabilities (PLN74.8M).
Debt to Equity History and Analysis
Debt Level: RBW has more cash than its total debt.
Reducing Debt: RBW's debt to equity ratio has reduced from 67.6% to 15.7% over the past 5 years.
Debt Coverage: RBW's debt is well covered by operating cash flow (653.4%).
Interest Coverage: RBW earns more interest than it pays, so coverage of interest payments is not a concern.