Wesfarmers Balance Sheet Health
Financial Health criteria checks 3/6
Wesfarmers has a total shareholder equity of A$8.4B and total debt of A$4.3B, which brings its debt-to-equity ratio to 51.3%. Its total assets and total liabilities are A$27.3B and A$18.9B respectively. Wesfarmers's EBIT is A$3.8B making its interest coverage ratio 10.5. It has cash and short-term investments of A$804.0M.
Key information
51.3%
Debt to equity ratio
AU$4.32b
Debt
| Interest coverage ratio | 10.5x |
| Cash | AU$804.00m |
| Equity | AU$8.42b |
| Total liabilities | AU$18.87b |
| Total assets | AU$27.29b |
Recent financial health updates
Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly
Sep 20
These 4 Measures Indicate That Wesfarmers (ASX:WES) Is Using Debt Reasonably Well
Jun 08These 4 Measures Indicate That Wesfarmers (ASX:WES) Is Using Debt Reasonably Well
Mar 07Wesfarmers (ASX:WES) Has A Pretty Healthy Balance Sheet
Oct 12We Think Wesfarmers (ASX:WES) Can Stay On Top Of Its Debt
Jun 26Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly
Mar 28Recent updates
Estimating The Intrinsic Value Of Wesfarmers Limited (ASX:WES)
Apr 15Wesfarmers (ASX:WES) Looks To Prolong Its Impressive Returns
Mar 10Wesfarmers (ASX:WES) Is Posting Promising Earnings But The Good News Doesn’t Stop There
Feb 21Wesfarmers Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Feb 16Here's Why We Think Wesfarmers (ASX:WES) Might Deserve Your Attention Today
Jan 25Unpleasant Surprises Could Be In Store For Wesfarmers Limited's (ASX:WES) Shares
Dec 19Do Wesfarmers' (ASX:WES) Earnings Warrant Your Attention?
Oct 26Calculating The Fair Value Of Wesfarmers Limited (ASX:WES)
Oct 08Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly
Sep 20Wesfarmers' (ASX:WES) Upcoming Dividend Will Be Larger Than Last Year's
Aug 29If EPS Growth Is Important To You, Wesfarmers (ASX:WES) Presents An Opportunity
Jul 23Calculating The Intrinsic Value Of Wesfarmers Limited (ASX:WES)
Jun 27These 4 Measures Indicate That Wesfarmers (ASX:WES) Is Using Debt Reasonably Well
Jun 08Should You Be Adding Wesfarmers (ASX:WES) To Your Watchlist Today?
Apr 12Calculating The Fair Value Of Wesfarmers Limited (ASX:WES)
Mar 25These 4 Measures Indicate That Wesfarmers (ASX:WES) Is Using Debt Reasonably Well
Mar 07Wesfarmers Limited's (ASX:WES) Intrinsic Value Is Potentially 18% Below Its Share Price
Dec 23We Discuss Why Wesfarmers Limited's (ASX:WES) CEO May Deserve A Higher Pay Packet
Oct 20Wesfarmers (ASX:WES) Has A Pretty Healthy Balance Sheet
Oct 12Estimating The Intrinsic Value Of Wesfarmers Limited (ASX:WES)
Sep 21Wesfarmers' (ASX:WES) Upcoming Dividend Will Be Larger Than Last Year's
Aug 30We Think Wesfarmers (ASX:WES) Can Stay On Top Of Its Debt
Jun 26Wesfarmers Limited's (ASX:WES) Intrinsic Value Is Potentially 64% Above Its Share Price
Jun 08If You Like EPS Growth Then Check Out Wesfarmers (ASX:WES) Before It's Too Late
May 21Wesfarmers (ASX:WES) Seems To Use Debt Quite Sensibly
Mar 28Wesfarmers Limited's (ASX:WES) Intrinsic Value Is Potentially 47% Above Its Share Price
Mar 09I Built A List Of Growing Companies And Wesfarmers (ASX:WES) Made The Cut
Feb 20Wesfarmers (ASX:WES) Could Easily Take On More Debt
Dec 19A Look At The Fair Value Of Wesfarmers Limited (ASX:WES)
Dec 01Should You Be Adding Wesfarmers (ASX:WES) To Your Watchlist Today?
Nov 01We Take A Look At Whether Wesfarmers Limited's (ASX:WES) CEO May Be Underpaid
Oct 14Is Wesfarmers Limited (ASX:WES) Trading At A 25% Discount?
Aug 15Calculating The Fair Value Of Wesfarmers Limited (ASX:WES)
May 16We Think Wesfarmers (ASX:WES) Can Manage Its Debt With Ease
Apr 19Should Weakness in Wesfarmers Limited's (ASX:WES) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Mar 09Earnings Beat: Wesfarmers Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Feb 19Here's Why Wesfarmers' (ASX:WES) Statutory Earnings Are Arguably Too Conservative
Feb 05A Look At The Fair Value Of Wesfarmers Limited (ASX:WES)
Jan 21Know This Before Buying Wesfarmers Limited (ASX:WES) For Its Dividend
Jan 06Is Wesfarmers (ASX:WES) Using Too Much Debt?
Dec 22Financial Position Analysis
Short Term Liabilities: WES's short term assets (A$9.2B) exceed its short term liabilities (A$8.5B).
Long Term Liabilities: WES's short term assets (A$9.2B) do not cover its long term liabilities (A$10.3B).
Debt to Equity History and Analysis
Debt Level: WES's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: WES's debt to equity ratio has increased from 30.8% to 51.3% over the past 5 years.
Debt Coverage: WES's debt is well covered by operating cash flow (118.1%).
Interest Coverage: WES's interest payments on its debt are well covered by EBIT (10.5x coverage).