Waterco Balance Sheet Health

Financial Health criteria checks 4/6

Waterco has a total shareholder equity of A$125.0M and total debt of A$80.5M, which brings its debt-to-equity ratio to 64.4%. Its total assets and total liabilities are A$265.4M and A$140.4M respectively. Waterco's EBIT is A$19.9M making its interest coverage ratio 9. It has cash and short-term investments of A$21.9M.

Key information

64.4%

Debt to equity ratio

AU$80.54m

Debt

Interest coverage ratio9x
CashAU$21.87m
EquityAU$125.03m
Total liabilitiesAU$140.38m
Total assetsAU$265.40m

Recent financial health updates

Recent updates

Shareholders Would Not Be Objecting To Waterco Limited's (ASX:WAT) CEO Compensation And Here's Why

Oct 19
Shareholders Would Not Be Objecting To Waterco Limited's (ASX:WAT) CEO Compensation And Here's Why

Waterco (ASX:WAT) Is Paying Out A Dividend Of A$0.05

Oct 11
Waterco (ASX:WAT) Is Paying Out A Dividend Of A$0.05

Waterco (ASX:WAT) Has Announced A Dividend Of A$0.05

Sep 22
Waterco (ASX:WAT) Has Announced A Dividend Of A$0.05

Waterco (ASX:WAT) Will Pay A Dividend Of A$0.05

Aug 28
Waterco (ASX:WAT) Will Pay A Dividend Of A$0.05

Waterco's (ASX:WAT) Upcoming Dividend Will Be Larger Than Last Year's

Mar 27
Waterco's (ASX:WAT) Upcoming Dividend Will Be Larger Than Last Year's

Waterco's (ASX:WAT) Shareholders Will Receive A Bigger Dividend Than Last Year

Feb 19
Waterco's (ASX:WAT) Shareholders Will Receive A Bigger Dividend Than Last Year

Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year

Oct 05
Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year

Waterco (ASX:WAT) Is Increasing Its Dividend To A$0.05

Aug 29
Waterco (ASX:WAT) Is Increasing Its Dividend To A$0.05

These 4 Measures Indicate That Waterco (ASX:WAT) Is Using Debt Reasonably Well

Feb 25
These 4 Measures Indicate That Waterco (ASX:WAT) Is Using Debt Reasonably Well

Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year

Oct 02
Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year

Waterco (ASX:WAT) Has Announced That It Will Be Increasing Its Dividend To AU$0.04

Sep 15
Waterco (ASX:WAT) Has Announced That It Will Be Increasing Its Dividend To AU$0.04

Robust Earnings May Not Tell The Whole Story For Waterco (ASX:WAT)

Sep 02
Robust Earnings May Not Tell The Whole Story For Waterco (ASX:WAT)

Waterco (ASX:WAT) Is Increasing Its Dividend To AU$0.04

Aug 29
Waterco (ASX:WAT) Is Increasing Its Dividend To AU$0.04

Estimating The Intrinsic Value Of Waterco Limited (ASX:WAT)

Jul 05
Estimating The Intrinsic Value Of Waterco Limited (ASX:WAT)

Do Waterco's (ASX:WAT) Earnings Warrant Your Attention?

Apr 06
Do Waterco's (ASX:WAT) Earnings Warrant Your Attention?

Calculating The Intrinsic Value Of Waterco Limited (ASX:WAT)

Mar 18
Calculating The Intrinsic Value Of Waterco Limited (ASX:WAT)

What Do The Returns On Capital At Waterco (ASX:WAT) Tell Us?

Feb 22
What Do The Returns On Capital At Waterco (ASX:WAT) Tell Us?

Shareholders Of Waterco (ASX:WAT) Must Be Happy With Their 260% Total Return

Feb 02
Shareholders Of Waterco (ASX:WAT) Must Be Happy With Their 260% Total Return

Are Waterco Limited's (ASX:WAT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Jan 11
Are Waterco Limited's (ASX:WAT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?

Is Waterco Limited (ASX:WAT) The Right Choice For A Smart Dividend Investor?

Dec 22
Is Waterco Limited (ASX:WAT) The Right Choice For A Smart Dividend Investor?

What We Learned About Waterco's (ASX:WAT) CEO Compensation

Dec 03
What We Learned About Waterco's (ASX:WAT) CEO Compensation

Is Waterco (ASX:WAT) Likely To Turn Things Around?

Nov 18
Is Waterco (ASX:WAT) Likely To Turn Things Around?

Financial Position Analysis

Short Term Liabilities: WAT's short term assets (A$166.7M) exceed its short term liabilities (A$66.2M).

Long Term Liabilities: WAT's short term assets (A$166.7M) exceed its long term liabilities (A$74.2M).


Debt to Equity History and Analysis

Debt Level: WAT's net debt to equity ratio (46.9%) is considered high.

Reducing Debt: WAT's debt to equity ratio has increased from 27.5% to 64.4% over the past 5 years.

Debt Coverage: WAT's debt is well covered by operating cash flow (34.5%).

Interest Coverage: WAT's interest payments on its debt are well covered by EBIT (9x coverage).


Balance Sheet


Discover healthy companies

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Price

7D

1Y

Mkt cap

PS

E.Growth

Analysts Target

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.