WELL Health Technologies Balance Sheet Health
Financial Health criteria checks 4/6
WELL Health Technologies has a total shareholder equity of CA$918.0M and total debt of CA$320.0M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are CA$1.6B and CA$675.1M respectively. WELL Health Technologies's EBIT is CA$57.8M making its interest coverage ratio 1.6. It has cash and short-term investments of CA$66.2M.
Key information
34.9%
Debt to equity ratio
CA$320.02m
Debt
| Interest coverage ratio | 1.6x |
| Cash | CA$66.15m |
| Equity | CA$918.03m |
| Total liabilities | CA$675.10m |
| Total assets | CA$1.59b |
Recent financial health updates
Is WELL Health Technologies (TSE:WELL) A Risky Investment?
Sep 09
WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Mar 21WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Oct 30We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt
Jul 17WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Apr 18Recent updates
When Should You Buy WELL Health Technologies Corp. (TSE:WELL)?
Nov 11Is WELL Health Technologies (TSE:WELL) A Risky Investment?
Sep 09Market Participants Recognise WELL Health Technologies Corp.'s (TSE:WELL) Revenues Pushing Shares 30% Higher
Jul 05WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 60% Above Its Share Price
Jun 11WELL Health Technologies' (TSE:WELL) Earnings Are Weaker Than They Seem
May 21WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Mar 21Is WELL Health Technologies Corp. (TSE:WELL) Trading At A 40% Discount?
Feb 29The Price Is Right For WELL Health Technologies Corp. (TSE:WELL)
Jan 18WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Oct 30We Think WELL Health Technologies (TSE:WELL) Can Stay On Top Of Its Debt
Jul 17WELL Health Technologies (TSE:WELL) Seems To Use Debt Quite Sensibly
Apr 18Are Investors Undervaluing WELL Health Technologies Corp. (TSE:WELL) By 40%?
Jan 13Should You Think About Buying WELL Health Technologies Corp. (TSE:WELL) Now?
Nov 11Is WELL Health Technologies Corp. (TSE:WELL) Potentially Undervalued?
Aug 09WELL Health Technologies Corp.'s (TSE:WELL) Intrinsic Value Is Potentially 43% Above Its Share Price
May 31Financial Position Analysis
Short Term Liabilities: WELL's short term assets (CA$314.9M) exceed its short term liabilities (CA$277.2M).
Long Term Liabilities: WELL's short term assets (CA$314.9M) do not cover its long term liabilities (CA$397.9M).
Debt to Equity History and Analysis
Debt Level: WELL's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: WELL's debt to equity ratio has reduced from 54.1% to 34.9% over the past 5 years.
Debt Coverage: WELL's debt is well covered by operating cash flow (39.6%).
Interest Coverage: WELL's interest payments on its debt are not well covered by EBIT (1.6x coverage).