WestBond Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
WestBond Enterprises has a total shareholder equity of CA$7.8M and total debt of CA$615.0K, which brings its debt-to-equity ratio to 7.9%. Its total assets and total liabilities are CA$13.2M and CA$5.4M respectively. WestBond Enterprises's EBIT is CA$81.5K making its interest coverage ratio 0.6. It has cash and short-term investments of CA$63.3K.
Key information
7.9%
Debt to equity ratio
CA$615.00k
Debt
| Interest coverage ratio | 0.6x |
| Cash | CA$63.28k |
| Equity | CA$7.78m |
| Total liabilities | CA$5.39m |
| Total assets | CA$13.18m |
Recent financial health updates
We Think WestBond Enterprises (CVE:WBE) Can Manage Its Debt With Ease
Jan 12
WestBond Enterprises (CVE:WBE) Seems To Use Debt Rather Sparingly
Mar 24Recent updates
A Look At The Intrinsic Value Of WestBond Enterprises Corporation (CVE:WBE)
Dec 30Estimating The Intrinsic Value Of WestBond Enterprises Corporation (CVE:WBE)
Jul 16We Think WestBond Enterprises (CVE:WBE) Can Manage Its Debt With Ease
Jan 12Here's Why We Think WestBond Enterprises (CVE:WBE) Is Well Worth Watching
Dec 16Does WestBond Enterprises (CVE:WBE) Deserve A Spot On Your Watchlist?
Sep 14We Think Some Shareholders May Hesitate To Increase WestBond Enterprises Corporation's (CVE:WBE) CEO Compensation
Aug 05WestBond Enterprises (CVE:WBE) Is Very Good At Capital Allocation
Jun 09Here's Why We Think WestBond Enterprises (CVE:WBE) Is Well Worth Watching
May 19WestBond Enterprises (CVE:WBE) Seems To Use Debt Rather Sparingly
Mar 24Should You Invest In WestBond Enterprises (CVE:WBE)?
Mar 02Should You Be Adding WestBond Enterprises (CVE:WBE) To Your Watchlist Today?
Feb 11
Is WestBond Enterprises Corporation's(CVE:WBE) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 20How Should Investors Feel About WestBond Enterprises' (CVE:WBE) CEO Remuneration?
Dec 30Financial Position Analysis
Short Term Liabilities: WBE's short term assets (CA$3.7M) exceed its short term liabilities (CA$1.9M).
Long Term Liabilities: WBE's short term assets (CA$3.7M) exceed its long term liabilities (CA$3.5M).
Debt to Equity History and Analysis
Debt Level: WBE's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: WBE's debt to equity ratio has reduced from 62.9% to 7.9% over the past 5 years.
Debt Coverage: WBE's debt is well covered by operating cash flow (43.7%).
Interest Coverage: WBE's interest payments on its debt are not well covered by EBIT (0.6x coverage).