Bowlin Travel Centers Balance Sheet Health
Financial Health criteria checks 5/6
Bowlin Travel Centers has a total shareholder equity of $17.0M and total debt of $6.1M, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are $27.2M and $10.1M respectively. Bowlin Travel Centers's EBIT is $588.1K making its interest coverage ratio 3.4. It has cash and short-term investments of $8.0M.
Key information
35.7%
Debt to equity ratio
US$6.09m
Debt
Interest coverage ratio | 3.4x |
Cash | US$7.97m |
Equity | US$17.04m |
Total liabilities | US$10.12m |
Total assets | US$27.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWTL's short term assets ($13.9M) exceed its short term liabilities ($2.6M).
Long Term Liabilities: BWTL's short term assets ($13.9M) exceed its long term liabilities ($7.6M).
Debt to Equity History and Analysis
Debt Level: BWTL has more cash than its total debt.
Reducing Debt: BWTL's debt to equity ratio has reduced from 61% to 35.7% over the past 5 years.
Debt Coverage: BWTL's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: BWTL's interest payments on its debt are well covered by EBIT (3.4x coverage).