Worley Balance Sheet Health
Financial Health criteria checks 5/6
Worley has a total shareholder equity of A$5.4B and total debt of A$1.9B, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are A$10.3B and A$4.9B respectively. Worley's EBIT is A$620.0M making its interest coverage ratio 5.2. It has cash and short-term investments of A$500.0M.
Key information
34.6%
Debt to equity ratio
AU$1.88b
Debt
| Interest coverage ratio | 5.2x |
| Cash | AU$500.00m |
| Equity | AU$5.44b |
| Total liabilities | AU$4.89b |
| Total assets | AU$10.33b |
Recent financial health updates
These 4 Measures Indicate That Worley (ASX:WOR) Is Using Debt Reasonably Well
Mar 18
Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Dec 03Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Aug 23Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Mar 23Does Worley (ASX:WOR) Have A Healthy Balance Sheet?
Sep 27Is Worley (ASX:WOR) Using Too Much Debt?
Jun 28Recent updates
Worley (ASX:WOR) Is Experiencing Growth In Returns On Capital
Apr 30These 4 Measures Indicate That Worley (ASX:WOR) Is Using Debt Reasonably Well
Mar 18Are Investors Undervaluing Worley Limited (ASX:WOR) By 21%?
Mar 01At AU$15.62, Is Worley Limited (ASX:WOR) Worth Looking At Closely?
Feb 10Revenues Tell The Story For Worley Limited (ASX:WOR)
Dec 19Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Dec 03Calculating The Intrinsic Value Of Worley Limited (ASX:WOR)
Nov 18At AU$16.70, Is It Time To Put Worley Limited (ASX:WOR) On Your Watch List?
Nov 03Worley (ASX:WOR) Has Announced A Dividend Of A$0.25
Aug 28Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Aug 23Calculating The Fair Value Of Worley Limited (ASX:WOR)
Aug 07Is It Too Late To Consider Buying Worley Limited (ASX:WOR)?
Jul 16Worley Limited (ASX:WOR) Shares Could Be 23% Below Their Intrinsic Value Estimate
May 08Is It Time To Consider Buying Worley Limited (ASX:WOR)?
Apr 17Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Mar 23Worley (ASX:WOR) Will Pay A Dividend Of A$0.25
Feb 24Calculating The Fair Value Of Worley Limited (ASX:WOR)
Dec 07Does Worley (ASX:WOR) Have A Healthy Balance Sheet?
Sep 27Are Investors Undervaluing Worley Limited (ASX:WOR) By 20%?
Aug 25Is Worley (ASX:WOR) Using Too Much Debt?
Jun 28Calculating The Fair Value Of Worley Limited (ASX:WOR)
May 13Worley (ASX:WOR) Will Pay A Dividend Of AU$0.25
Feb 25Estimating The Fair Value Of Worley Limited (ASX:WOR)
Jan 03Here's Why Worley (ASX:WOR) Has A Meaningful Debt Burden
Dec 02Worley Limited (ASX:WOR) Shares Could Be 23% Below Their Intrinsic Value Estimate
Sep 28Worley's (ASX:WOR) Dividend Will Be AU$0.25
Aug 27Estimating The Intrinsic Value Of Worley Limited (ASX:WOR)
Jun 21Three Things You Should Check Before Buying Worley Limited (ASX:WOR) For Its Dividend
Apr 08Worley (ASX:WOR) Seems To Use Debt Quite Sensibly
Mar 25What You Need To Know About Worley Limited's (ASX:WOR) Investor Composition
Mar 10Have Insiders Been Buying Worley Limited (ASX:WOR) Shares This Year?
Feb 23Analysts Have Just Cut Their Worley Limited (ASX:WOR) Revenue Estimates By 12%
Feb 08
Worley Limited (ASX:WOR) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
Feb 04Worley (ASX:WOR) Is Growing Earnings But Are They A Good Guide?
Jan 21Shareholders Of Worley (ASX:WOR) Must Be Happy With Their 226% Total Return
Jan 05Estimating The Intrinsic Value Of Worley Limited (ASX:WOR)
Dec 23We Think Worley (ASX:WOR) Can Stay On Top Of Its Debt
Dec 08Financial Position Analysis
Short Term Liabilities: WOR's short term assets (A$3.3B) exceed its short term liabilities (A$2.6B).
Long Term Liabilities: WOR's short term assets (A$3.3B) exceed its long term liabilities (A$2.3B).
Debt to Equity History and Analysis
Debt Level: WOR's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: WOR's debt to equity ratio has increased from 12.7% to 34.6% over the past 5 years.
Debt Coverage: WOR's debt is well covered by operating cash flow (29.6%).
Interest Coverage: WOR's interest payments on its debt are well covered by EBIT (5.2x coverage).