Wellard Balance Sheet Health
Financial Health criteria checks 4/6
Wellard has a total shareholder equity of $38.5M and total debt of $2.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are $43.9M and $5.4M respectively.
Key information
5.5%
Debt to equity ratio
US$2.12m
Debt
Interest coverage ratio | n/a |
Cash | US$6.48m |
Equity | US$38.47m |
Total liabilities | US$5.39m |
Total assets | US$43.86m |
Recent financial health updates
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
Risks 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 ($11.4M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: WLD's short term assets ($11.4M) exceed its long term liabilities ($33.0K).
Debt to Equity History and Analysis
Debt Level: WLD has more cash than its total debt.
Reducing Debt: WLD's debt to equity ratio has reduced from 90.8% to 5.5% over the past 5 years.
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: Insufficient data to determine if WLD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WLD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.