Wagners Holding Balance Sheet Health
Financial Health criteria checks 4/6
Wagners Holding has a total shareholder equity of A$134.6M and total debt of A$52.5M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are A$413.1M and A$278.5M respectively. Wagners Holding's EBIT is A$34.7M making its interest coverage ratio 3. It has cash and short-term investments of A$18.7M.
Key information
39.0%
Debt to equity ratio
AU$52.50m
Debt
| Interest coverage ratio | 3x |
| Cash | AU$18.66m |
| Equity | AU$134.56m |
| Total liabilities | AU$278.55m |
| Total assets | AU$413.11m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WGN's short term assets (A$130.0M) exceed its short term liabilities (A$90.3M).
Long Term Liabilities: WGN's short term assets (A$130.0M) do not cover its long term liabilities (A$188.2M).
Debt to Equity History and Analysis
Debt Level: WGN's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: WGN's debt to equity ratio has reduced from 134.6% to 39% over the past 5 years.
Debt Coverage: WGN's debt is well covered by operating cash flow (138.3%).
Interest Coverage: WGN's interest payments on its debt are not well covered by EBIT (3x coverage).