WestStar Industrial Balance Sheet Health
Financial Health criteria checks 4/6
WestStar Industrial has a total shareholder equity of A$28.6M and total debt of A$2.2M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are A$69.7M and A$41.1M respectively. WestStar Industrial's EBIT is A$289.9K making its interest coverage ratio 0.6. It has cash and short-term investments of A$16.1M.
Key information
7.6%
Debt to equity ratio
AU$2.16m
Debt
| Interest coverage ratio | 0.6x |
| Cash | AU$16.13m |
| Equity | AU$28.57m |
| Total liabilities | AU$41.12m |
| Total assets | AU$69.69m |
Recent financial health updates
No updates
Recent updates
WestStar Industrial Limited's (ASX:WSI) Shares Lagging The Market But So Is The Business
Jan 29
Here's Why We Think WestStar Industrial (ASX:WSI) Might Deserve Your Attention Today
Jun 26WestStar Industrial (ASX:WSI) Will Be Hoping To Turn Its Returns On Capital Around
Mar 02WestStar Industrial's (ASX:WSI) Performance Is Even Better Than Its Earnings Suggest
Sep 07Returns On Capital At WestStar Industrial (ASX:WSI) Paint A Concerning Picture
Jul 21Here's Why I Think WestStar Industrial (ASX:WSI) Is An Interesting Stock
May 11Be Wary Of WestStar Industrial (ASX:WSI) And Its Returns On Capital
Apr 13WestStar Industrial (ASX:WSI) Is Reinvesting At Lower Rates Of Return
Jun 28WestStar Industrial (ASX:WSI) May Have Issues Allocating Its Capital
Mar 25WestStar Industrial Limited's (ASX:WSI) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
Feb 18How Does WestStar Industrial's (ASX:WSI) CEO Salary Compare to Peers?
Jan 21Here's Why I Think WestStar Industrial (ASX:WSI) Is An Interesting Stock
Dec 13
Financial Position Analysis
Short Term Liabilities: WSI's short term assets (A$52.5M) exceed its short term liabilities (A$38.3M).
Long Term Liabilities: WSI's short term assets (A$52.5M) exceed its long term liabilities (A$2.8M).
Debt to Equity History and Analysis
Debt Level: WSI has more cash than its total debt.
Reducing Debt: WSI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WSI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WSI's interest payments on its debt are not well covered by EBIT (0.6x coverage).