Westbridge Renewable Energy Balance Sheet Health
Financial Health criteria checks 3/6
Westbridge Renewable Energy has a total shareholder equity of CA$40.2M and total debt of CA$25.9M, which brings its debt-to-equity ratio to 64.5%. Its total assets and total liabilities are CA$79.4M and CA$39.2M respectively.
Key information
64.5%
Debt to equity ratio
CA$25.94m
Debt
Interest coverage ratio | n/a |
Cash | CA$33.48m |
Equity | CA$40.24m |
Total liabilities | CA$39.19m |
Total assets | CA$79.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEB's short term assets (CA$54.6M) exceed its short term liabilities (CA$36.3M).
Long Term Liabilities: WEB's short term assets (CA$54.6M) exceed its long term liabilities (CA$2.9M).
Debt to Equity History and Analysis
Debt Level: WEB has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WEB's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WEB's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WEB's interest payments on its debt are well covered by EBIT.