Wellard Balance Sheet Health
Financial Health criteria checks 6/6
Wellard has a total shareholder equity of $37.1M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $42.2M and $5.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.78m |
| Equity | US$37.06m |
| Total liabilities | US$5.13m |
| Total assets | US$42.19m |
Recent financial health updates
Is Wellard (ASX:WLD) Using Debt In A Risky Way?
May 20
Health Check: How Prudently Does Wellard (ASX:WLD) Use Debt?
Dec 14Wellard (ASX:WLD) Has Debt But No Earnings; Should You Worry?
Sep 15Is Wellard (ASX:WLD) Using Too Much Debt?
Oct 26Does Wellard (ASX:WLD) Have A Healthy Balance Sheet?
Mar 07Recent updates
Wellard Limited (ASX:WLD) Stock Rockets 28% As Investors Are Less Pessimistic Than Expected
Oct 20Revenues Not Telling The Story For Wellard Limited (ASX:WLD) After Shares Rise 28%
Sep 02Wellard Limited (ASX:WLD) Stock Rockets 48% As Investors Are Less Pessimistic Than Expected
Jul 01Is Wellard (ASX:WLD) Using Debt In A Risky Way?
May 20Risks To Shareholder Returns Are Elevated At These Prices For Wellard Limited (ASX:WLD)
Mar 14Health Check: How Prudently Does Wellard (ASX:WLD) Use Debt?
Dec 14Wellard (ASX:WLD) Has Debt But No Earnings; Should You Worry?
Sep 15Wellard Limited (ASX:WLD) Looks Inexpensive But Perhaps Not Attractive Enough
Jun 03Is Wellard (ASX:WLD) Using Too Much Debt?
Oct 26Does Wellard (ASX:WLD) Have A Healthy Balance Sheet?
Mar 07Financial Position Analysis
Short Term Liabilities: WLD's short term assets ($23.1M) exceed its short term liabilities ($5.0M).
Long Term Liabilities: WLD's short term assets ($23.1M) exceed its long term liabilities ($76.0K).
Debt to Equity History and Analysis
Debt Level: WLD is debt free.
Reducing Debt: WLD had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable WLD has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WLD is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.5% per year.