Corporate Travel Management Balance Sheet Health
Financial Health criteria checks 6/6
Corporate Travel Management has a total shareholder equity of A$1.2B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.6B and A$452.4M respectively. Corporate Travel Management's EBIT is A$115.4M making its interest coverage ratio -2507.7. It has cash and short-term investments of A$134.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -2507.7x |
| Cash | AU$134.77m |
| Equity | AU$1.19b |
| Total liabilities | AU$452.41m |
| Total assets | AU$1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTML.F's short term assets (A$559.0M) exceed its short term liabilities (A$416.9M).
Long Term Liabilities: CTML.F's short term assets (A$559.0M) exceed its long term liabilities (A$35.5M).
Debt to Equity History and Analysis
Debt Level: CTML.F is debt free.
Reducing Debt: CTML.F has no debt compared to 5 years ago when its debt to equity ratio was 6.6%.
Debt Coverage: CTML.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CTML.F has no debt, therefore coverage of interest payments is not a concern.