Worley Balance Sheet Health
Financial Health criteria checks 6/6
Worley has a total shareholder equity of A$5.5B and total debt of A$1.8B, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are A$10.5B and A$5.0B respectively. Worley's EBIT is A$653.0M making its interest coverage ratio 6. It has cash and short-term investments of A$548.0M.
Key information
33.0%
Debt to equity ratio
AU$1.81b
Debt
| Interest coverage ratio | 6x |
| Cash | AU$548.00m |
| Equity | AU$5.50b |
| Total liabilities | AU$4.97b |
| Total assets | AU$10.46b |
Recent financial health updates
Here's Why Worley (ASX:WOR) Can Manage Its Debt Responsibly
Oct 27
These 4 Measures Indicate That Worley (ASX:WOR) Is Using Debt Reasonably Well
Mar 18Worley (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 27Recent updates
Here's Why Worley (ASX:WOR) Can Manage Its Debt Responsibly
Oct 27Here's Why We Think Worley (ASX:WOR) Might Deserve Your Attention Today
Oct 14What Does Worley Limited's (ASX:WOR) Share Price Indicate?
Sep 15Returns At Worley (ASX:WOR) Are On The Way Up
Aug 28Getting In Cheap On Worley Limited (ASX:WOR) Might Be Difficult
Aug 15Estimating The Intrinsic Value Of Worley Limited (ASX:WOR)
Jun 07Worley (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 04Financial Position Analysis
Short Term Liabilities: WOR's short term assets (A$3.3B) exceed its short term liabilities (A$2.7B).
Long Term Liabilities: WOR's short term assets (A$3.3B) exceed its long term liabilities (A$2.2B).
Debt to Equity History and Analysis
Debt Level: WOR's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: WOR's debt to equity ratio has reduced from 35.4% to 33% over the past 5 years.
Debt Coverage: WOR's debt is well covered by operating cash flow (37.6%).
Interest Coverage: WOR's interest payments on its debt are well covered by EBIT (6x coverage).