Wielton Balance Sheet Health
Financial Health criteria checks 3/6
Wielton has a total shareholder equity of PLN612.5M and total debt of PLN476.1M, which brings its debt-to-equity ratio to 77.7%. Its total assets and total liabilities are PLN2.0B and PLN1.4B respectively. Wielton's EBIT is PLN93.8M making its interest coverage ratio 3. It has cash and short-term investments of PLN72.6M.
Key information
77.7%
Debt to equity ratio
zł476.10m
Debt
| Interest coverage ratio | 3x |
| Cash | zł72.58m |
| Equity | zł612.46m |
| Total liabilities | zł1.37b |
| Total assets | zł1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2W1's short term assets (PLN1.1B) do not cover its short term liabilities (PLN1.1B).
Long Term Liabilities: 2W1's short term assets (PLN1.1B) exceed its long term liabilities (PLN260.5M).
Debt to Equity History and Analysis
Debt Level: 2W1's net debt to equity ratio (65.9%) is considered high.
Reducing Debt: 2W1's debt to equity ratio has reduced from 96.9% to 77.7% over the past 5 years.
Debt Coverage: 2W1's debt is well covered by operating cash flow (43.1%).
Interest Coverage: 2W1's interest payments on its debt are not well covered by EBIT (3x coverage).