Webjet Balance Sheet Health
Financial Health criteria checks 6/6
Webjet has a total shareholder equity of A$904.9M and total debt of A$242.4M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are A$1.8B and A$913.2M respectively. Webjet's EBIT is A$118.1M making its interest coverage ratio 13.7. It has cash and short-term investments of A$666.9M.
Key information
26.8%
Debt to equity ratio
AU$242.40m
Debt
Interest coverage ratio | 13.7x |
Cash | AU$666.90m |
Equity | AU$904.90m |
Total liabilities | AU$913.20m |
Total assets | AU$1.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEBJ.F's short term assets (A$924.0M) exceed its short term liabilities (A$882.5M).
Long Term Liabilities: WEBJ.F's short term assets (A$924.0M) exceed its long term liabilities (A$30.7M).
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 34.8% to 26.8% over the past 5 years.
Debt Coverage: WEBJ.F's debt is well covered by operating cash flow (73%).
Interest Coverage: WEBJ.F's interest payments on its debt are well covered by EBIT (13.7x coverage).