WAM Capital Balance Sheet Health
Financial Health criteria checks 6/6
WAM Capital has a total shareholder equity of A$1.8B and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.8B and A$73.4M respectively. WAM Capital's EBIT is A$231.6M making its interest coverage ratio -5.6. It has cash and short-term investments of A$1.6B.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -5.6x |
Cash | AU$1.64b |
Equity | AU$1.76b |
Total liabilities | AU$73.36m |
Total assets | AU$1.84b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WAM's short term assets (A$1.6B) exceed its short term liabilities (A$54.1M).
Long Term Liabilities: WAM's short term assets (A$1.6B) exceed its long term liabilities (A$19.2M).
Debt to Equity History and Analysis
Debt Level: WAM is debt free.
Reducing Debt: WAM has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: WAM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WAM has no debt, therefore coverage of interest payments is not a concern.