How much debt does TUI AG have?
According to TUI AG's latest annual financial reports, the company's debt profile is as follows:
Total Debt and Liabilities
TUI AG's total debt stands at $4.18B. This is broken down into:
- Long-term debt: $3.42B
- Short-term debt: $799.70M
The company's net debt, which accounts for cash and cash equivalents, is $2.12B. In terms of overall financial obligations, TUI AG's total liabilities amount to $14.21B.
Debt Ratios and Metrics
To better understand TUI AG's debt position, we can look at several key ratios:
- Debt to Equity Ratio: 4.75 - this indicates the proportion of equity and debt the company uses to finance its assets.
- Debt Ratio: 26.08% - this shows the proportion of a company's assets that are financed through debt.
- Interest Coverage Ratio: 1.77 - this measures how easily a company can pay interest on its outstanding debt.
- Long-term Debt to Capitalization: 61.74% - this shows the proportion of long-term debt in the company's capital structure.
- Total Debt to Capitalization: 82.61% - this indicates the total debt in the company's capital structure.
These metrics provide insight into TUI AG's financial leverage and its ability to meet financial obligations. For a comprehensive understanding of the company's financial health, it's important to consider these debt metrics alongside other financial indicators and industry benchmarks.
Total Debt
$4.18B
Long-term Debt
$3.42B
Short-term Debt
$799.70M
Net Debt
$2.12B
Total Liabilities
$14.21B
Interest Coverage
1.77
Debt to Equity Ratio
4.75
Debt Ratio
26.08%
TUI AG Historical Debt Metrics
TUI AG Historical Debt
The table below shows various debt metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Total Debt | Long-term Debt | Short-term Debt | Net Debt | Total Liabilities | Debt to Equity | Debt Ratio | Interest Coverage | Long-term Debt to Capitalization | Total Debt to Capitalization |
|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | $4.18B | $3.42B | $799.70M | $2.12B | $14.21B | 4.75 | 26.08% | 1.77 | 61.74% | 82.61% |
| 2022 | $5.17B | $4.24B | $1.02B | $3.43B | $14.61B | 3.75 | 26.10% | 1.22 | 51.63% | 78.96% |
| 2021 | $6.48B | $5.64B | $907.90M | $5.41B | $14.57B | -36.52 | 33.89% | 0.63 | 109.27% | 102.82% |
| 2020 | $3.40B | $5.43B | $1.26B | $2.49B | $15.12B | -5.97 | 45.80% | -5.07 | 156.93% | 120.12% |
| 2019 | $2.66B | $2.46B | $224.60M | $1.12B | $12.11B | -7.58 | 22.16% | -9.23 | 113.83% | 115.19% |
| 2018 | $2.42B | $2.25B | $192.20M | $-128.00M | $11.28B | 0.77 | 16.37% | 5.60 | 24.04% | 43.54% |
| 2017 | $1.90B | $1.76B | $171.90M | $-612.50M | $10.65B | 0.65 | 15.50% | 7.08 | 21.51% | 39.55% |
| 2016 | $1.96B | $2.64B | $537.70M | $-109.30M | $11.21B | 0.65 | 13.42% | 8.97 | 17.67% | 39.30% |
| 2015 | $1.78B | $2.55B | $233.10M | $110.30M | $11.67B | 0.73 | 13.58% | 4.36 | 11.97% | 42.33% |
| 2014 | $1.88B | $2.20B | $180.40M | $-405.00M | $11.51B | 0.93 | 12.66% | 3.96 | 27.89% | 48.24% |
Related Metrics
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