Wellnex Life Balance Sheet Health
Financial Health criteria checks 3/6
Wellnex Life has a total shareholder equity of A$6.1M and total debt of A$10.6M, which brings its debt-to-equity ratio to 175.2%. Its total assets and total liabilities are A$30.9M and A$24.9M respectively.
Key information
175.2%
Debt to equity ratio
AU$10.62m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$956.00k |
| Equity | AU$6.06m |
| Total liabilities | AU$24.86m |
| Total assets | AU$30.92m |
Recent financial health updates
No updates
Recent updates
Investors Give Wellnex Life Limited (ASX:WNX) Shares A 35% Hiding
Oct 21
Wellnex Life Limited's (ASX:WNX) 29% Jump Shows Its Popularity With Investors
Jul 20Wellnex Life Limited (ASX:WNX) Might Not Be As Mispriced As It Looks
Apr 11It's A Story Of Risk Vs Reward With Wellnex Life Limited (ASX:WNX)
Dec 27Financial Position Analysis
Short Term Liabilities: WNX's short term assets (A$9.9M) do not cover its short term liabilities (A$24.8M).
Long Term Liabilities: WNX's short term assets (A$9.9M) exceed its long term liabilities (A$86.0K).
Debt to Equity History and Analysis
Debt Level: WNX's net debt to equity ratio (159.4%) is considered high.
Reducing Debt: WNX's debt to equity ratio has increased from 4% to 175.2% 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: WNX has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WNX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:52 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wellnex Life Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stuart Roberts | Pitt Street Research Pty Ltd. |