WT Financial Group Balance Sheet Health
Financial Health criteria checks 5/6
WT Financial Group has a total shareholder equity of A$29.4M and total debt of A$6.7M, which brings its debt-to-equity ratio to 22.7%. Its total assets and total liabilities are A$54.3M and A$24.9M respectively. WT Financial Group's EBIT is A$5.7M making its interest coverage ratio 6.3. It has cash and short-term investments of A$8.1M.
Key information
22.7%
Debt to equity ratio
AU$6.68m
Debt
| Interest coverage ratio | 6.3x |
| Cash | AU$8.10m |
| Equity | AU$29.43m |
| Total liabilities | AU$24.86m |
| Total assets | AU$54.29m |
Recent financial health updates
No updates
Recent updates
There's No Escaping WT Financial Group Limited's (ASX:WTL) Muted Earnings Despite A 27% Share Price Rise
Sep 09
WT Financial Group Limited (ASX:WTL) Looks Inexpensive But Perhaps Not Attractive Enough
Jul 05Here's Why We Think WT Financial Group (ASX:WTL) Is Well Worth Watching
May 02WT Financial Group Limited's (ASX:WTL) Prospects Need A Boost To Lift Shares
Mar 06Here's Why We Think WT Financial Group (ASX:WTL) Is Well Worth Watching
Sep 28A Look At WT Financial Group's (ASX:WTL) CEO Remuneration
Jan 21Financial Position Analysis
Short Term Liabilities: WTL's short term assets (A$18.9M) exceed its short term liabilities (A$17.0M).
Long Term Liabilities: WTL's short term assets (A$18.9M) exceed its long term liabilities (A$7.9M).
Debt to Equity History and Analysis
Debt Level: WTL has more cash than its total debt.
Reducing Debt: WTL's debt to equity ratio has increased from 16.6% to 22.7% over the past 5 years.
Debt Coverage: WTL's debt is well covered by operating cash flow (81.7%).
Interest Coverage: WTL's interest payments on its debt are well covered by EBIT (6.3x coverage).