Weebit Nano Balance Sheet Health

Financial Health criteria checks 6/6

Weebit Nano has a total shareholder equity of A$61.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$66.0M and A$4.1M respectively.

Key information

0%

Debt to equity ratio

AU$0

Debt

Interest coverage ration/a
CashAU$62.83m
EquityAU$61.89m
Total liabilitiesAU$4.14m
Total assetsAU$66.03m

Recent financial health updates

Recent updates

Here's Why We're Not Too Worried About Weebit Nano's (ASX:WBT) Cash Burn Situation

Aug 29
Here's Why We're Not Too Worried About Weebit Nano's (ASX:WBT) Cash Burn Situation

Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

May 13
Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

Weebit Nano (ASX:WBT) Is In A Strong Position To Grow Its Business

Jan 11
Weebit Nano (ASX:WBT) Is In A Strong Position To Grow Its Business

Companies Like Weebit Nano (ASX:WBT) Can Afford To Invest In Growth

Sep 27
Companies Like Weebit Nano (ASX:WBT) Can Afford To Invest In Growth

Weebit Nano (ASX:WBT) Is In A Strong Position To Grow Its Business

Jun 14
Weebit Nano (ASX:WBT) Is In A Strong Position To Grow Its Business

Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

Feb 22
Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

We're Not Very Worried About Weebit Nano's (ASX:WBT) Cash Burn Rate

Nov 08
We're Not Very Worried About Weebit Nano's (ASX:WBT) Cash Burn Rate

Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

Jul 22
Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

Apr 06
Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

Oct 05
Weebit Nano (ASX:WBT) Is In A Good Position To Deliver On Growth Plans

Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

Jun 17
Companies Like Weebit Nano (ASX:WBT) Are In A Position To Invest In Growth

We Think Weebit Nano (ASX:WBT) Can Afford To Drive Business Growth

Mar 03
We Think Weebit Nano (ASX:WBT) Can Afford To Drive Business Growth

Financial Position Analysis

Short Term Liabilities: WBT's short term assets (A$64.4M) exceed its short term liabilities (A$3.9M).

Long Term Liabilities: WBT's short term assets (A$64.4M) exceed its long term liabilities (A$194.7K).


Debt to Equity History and Analysis

Debt Level: WBT is debt free.

Reducing Debt: WBT has not had any debt for 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: WBT has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: WBT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 35.7% each year


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