WonderFi Technologies Balance Sheet Health
Financial Health criteria checks 4/6
WonderFi Technologies has a total shareholder equity of CA$102.1M and total debt of CA$250.3K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$1.4B and CA$1.3B respectively. WonderFi Technologies's EBIT is CA$5.5M making its interest coverage ratio -1.4. It has cash and short-term investments of CA$32.3M.
Key information
0.2%
Debt to equity ratio
CA$250.31k
Debt
| Interest coverage ratio | -1.4x |
| Cash | CA$32.33m |
| Equity | CA$102.15m |
| Total liabilities | CA$1.29b |
| Total assets | CA$1.39b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WNDR's short term assets (CA$1.3B) exceed its short term liabilities (CA$1.3B).
Long Term Liabilities: WNDR's short term assets (CA$1.3B) exceed its long term liabilities (CA$6.3M).
Debt to Equity History and Analysis
Debt Level: WNDR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WNDR's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WNDR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WNDR earns more interest than it pays, so coverage of interest payments is not a concern.