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
No updates
Recent updates
Financial 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).