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Yatra Online (Yatra Online) Financial Strength : 6 (As of Dec. 2023)


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What is Yatra Online Financial Strength?

Yatra Online has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Yatra Online did not have earnings to cover the interest expense. Yatra Online's debt to revenue ratio for the quarter that ended in Dec. 2023 was 0.24. As of today, Yatra Online's Altman Z-Score is 0.34.


Competitive Comparison of Yatra Online's Financial Strength

For the Travel Services subindustry, Yatra Online's Financial Strength, along with its competitors' market caps and Financial Strength data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Yatra Online's Financial Strength Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Yatra Online's Financial Strength distribution charts can be found below:

* The bar in red indicates where Yatra Online's Financial Strength falls into.



Yatra Online Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Yatra Online's Interest Expense for the months ended in Dec. 2023 was $-0.67 Mil. Its Operating Income for the months ended in Dec. 2023 was $-0.84 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.48 Mil.

Yatra Online's Interest Coverage for the quarter that ended in Dec. 2023 is

Yatra Online did not have earnings to cover the interest expense.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Yatra Online's Debt to Revenue Ratio for the quarter that ended in Dec. 2023 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2023 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(8.343 + 4.476) / 53.428
=0.24

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Yatra Online has a Z-score of 0.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.34 is in distress zone. This implies bankruptcy possibility in the next two years.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Yatra Online  (NAS:YTRA) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Yatra Online has the Financial Strength Rank of 6.


Yatra Online Financial Strength Related Terms

Thank you for viewing the detailed overview of Yatra Online's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Yatra Online (Yatra Online) Business Description

Traded in Other Exchanges
Address
Gulf Adiba, Plot No. 272, 4th Floor, Udyog Vihar, Phase-II, Sector-20, Gurugram, HR, IND, 122008
Yatra Online Inc is an Indian consumer travel platform provider and online travel agent. The company is organized into the following business segments; Air Ticketing, Hotels and Packages, and Others. It mainly provides travel-related services, which include domestic and international air ticketing, hotel bookings, homestays, holiday packages, bus ticketing, rail ticketing, activities and ancillary services. It also involves hosting advertisements on its internet websites, the sale of rail and bus tickets, and facilitating website access to travel insurance companies. Some of its applications include Yatra Mini, Yatra Web Check-In, Yatra Corporate, and Travelguru HomeStay.
Executives
Macquarie Group Ltd 10 percent owner 50 MARTIN PLACE, SYDNEY, NSW 2000 C3 2000
Mihi Llc 10 percent owner 125 WEST 55TH STREET, NEW YORK NY 10019
Macquarie Corporate Holdings Pty. Ltd 10 percent owner LEVEL 6, 50 MARTIN PLACE, SYDNEY C3 NSW 2000