Web Travel Group Balance Sheet Health
Financial Health criteria checks 6/6
Web Travel Group has a total shareholder equity of A$940.8M and total debt of A$224.3M, which brings its debt-to-equity ratio to 23.8%. Its total assets and total liabilities are A$1.8B and A$859.5M respectively. Web Travel Group's EBIT is A$136.8M making its interest coverage ratio 19.5. It has cash and short-term investments of A$673.4M.
Key information
23.8%
Debt to equity ratio
AU$224.30m
Debt
| Interest coverage ratio | 19.5x |
| Cash | AU$673.40m |
| Equity | AU$940.80m |
| Total liabilities | AU$859.50m |
| Total assets | AU$1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEBJ.F's short term assets (A$953.4M) exceed its short term liabilities (A$597.2M).
Long Term Liabilities: WEBJ.F's short term assets (A$953.4M) exceed its long term liabilities (A$262.3M).
Debt to Equity History and Analysis
Debt Level: WEBJ.F has more cash than its total debt.
Reducing Debt: WEBJ.F's debt to equity ratio has reduced from 34.1% to 23.8% over the past 5 years.
Debt Coverage: WEBJ.F's debt is well covered by operating cash flow (81.9%).
Interest Coverage: WEBJ.F's interest payments on its debt are well covered by EBIT (19.5x coverage).