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 ratio | 9x |
Cash | AU$21.87m |
Equity | AU$125.03m |
Total liabilities | AU$140.38m |
Total assets | AU$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 19Waterco (ASX:WAT) Is Paying Out A Dividend Of A$0.05
Oct 11Waterco (ASX:WAT) Has Announced A Dividend Of A$0.05
Sep 22Waterco (ASX:WAT) Will Pay A Dividend Of A$0.05
Aug 28Waterco's (ASX:WAT) Upcoming Dividend Will Be Larger Than Last Year's
Mar 27Waterco's (ASX:WAT) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 19Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year
Oct 05Waterco (ASX:WAT) Is Increasing Its Dividend To A$0.05
Aug 29These 4 Measures Indicate That Waterco (ASX:WAT) Is Using Debt Reasonably Well
Feb 25Waterco (ASX:WAT) Is Paying Out A Larger Dividend Than Last Year
Oct 02Waterco (ASX:WAT) Has Announced That It Will Be Increasing Its Dividend To AU$0.04
Sep 15Robust Earnings May Not Tell The Whole Story For Waterco (ASX:WAT)
Sep 02Waterco (ASX:WAT) Is Increasing Its Dividend To AU$0.04
Aug 29Estimating The Intrinsic Value Of Waterco Limited (ASX:WAT)
Jul 05Do Waterco's (ASX:WAT) Earnings Warrant Your Attention?
Apr 06Calculating The Intrinsic Value Of Waterco Limited (ASX:WAT)
Mar 18What Do The Returns On Capital At Waterco (ASX:WAT) Tell Us?
Feb 22Shareholders Of Waterco (ASX:WAT) Must Be Happy With Their 260% Total Return
Feb 02Are Waterco Limited's (ASX:WAT) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?
Jan 11Is Waterco Limited (ASX:WAT) The Right Choice For A Smart Dividend Investor?
Dec 22What We Learned About Waterco's (ASX:WAT) CEO Compensation
Dec 03Is Waterco (ASX:WAT) Likely To Turn Things Around?
Nov 18Financial 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).