WSP Global Balance Sheet Health
Financial Health criteria checks 4/6
WSP Global has a total shareholder equity of CA$6.6B and total debt of CA$3.7B, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are CA$16.5B and CA$9.9B respectively. WSP Global's EBIT is CA$1.3B making its interest coverage ratio 4.9. It has cash and short-term investments of CA$374.4M.
Key information
56.4%
Debt to equity ratio
CA$3.73b
Debt
| Interest coverage ratio | 4.9x |
| Cash | CA$374.40m |
| Equity | CA$6.63b |
| Total liabilities | CA$9.89b |
| Total assets | CA$16.52b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WSP.R's short term assets (CA$6.1B) exceed its short term liabilities (CA$5.4B).
Long Term Liabilities: WSP.R's short term assets (CA$6.1B) exceed its long term liabilities (CA$4.5B).
Debt to Equity History and Analysis
Debt Level: WSP.R's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: WSP.R's debt to equity ratio has increased from 51% to 56.4% over the past 5 years.
Debt Coverage: WSP.R's debt is well covered by operating cash flow (30%).
Interest Coverage: WSP.R's interest payments on its debt are well covered by EBIT (4.9x coverage).