Western Pacific Trust Balance Sheet Health
Financial Health criteria checks 5/6
Western Pacific Trust has a total shareholder equity of CA$2.8M and total debt of CA$617.3K, which brings its debt-to-equity ratio to 22.2%. Its total assets and total liabilities are CA$3.9M and CA$1.1M respectively. Western Pacific Trust's EBIT is CA$650.8K making its interest coverage ratio 9.3. It has cash and short-term investments of CA$2.2M.
Key information
22.2%
Debt to equity ratio
CA$617.31k
Debt
| Interest coverage ratio | 9.3x |
| Cash | CA$2.22m |
| Equity | CA$2.78m |
| Total liabilities | CA$1.12m |
| Total assets | CA$3.90m |
Recent financial health updates
No updates
Recent updates
Western Pacific Trust Company (CVE:WP) Doing What It Can To Lift Shares
Mar 15
Investors Continue Waiting On Sidelines For Western Pacific Trust Company (CVE:WP)
Aug 29Here's Why We Think Western Pacific Trust (CVE:WP) Might Deserve Your Attention Today
Feb 01Here's Why We Think Western Pacific Trust (CVE:WP) Is Well Worth Watching
Apr 08Financial Position Analysis
Short Term Liabilities: WP's short term assets (CA$2.5M) exceed its short term liabilities (CA$158.5K).
Long Term Liabilities: WP's short term assets (CA$2.5M) exceed its long term liabilities (CA$966.1K).
Debt to Equity History and Analysis
Debt Level: WP has more cash than its total debt.
Reducing Debt: WP's debt to equity ratio has increased from 20.7% to 22.2% over the past 5 years.
Debt Coverage: WP's debt is well covered by operating cash flow (100.7%).
Interest Coverage: WP's interest payments on its debt are well covered by EBIT (9.3x coverage).