Wielton Balance Sheet Health
Financial Health criteria checks 3/6
Wielton has a total shareholder equity of PLN589.8M and total debt of PLN534.5M, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are PLN2.0B and PLN1.4B respectively. Wielton's EBIT is PLN38.4M making its interest coverage ratio 1.1. It has cash and short-term investments of PLN79.3M.
Key information
90.6%
Debt to equity ratio
zł534.53m
Debt
| Interest coverage ratio | 1.1x |
| Cash | zł79.30m |
| Equity | zł589.83m |
| Total liabilities | zł1.40b |
| Total assets | zł1.99b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2W1's short term assets (PLN1.0B) do not cover its short term liabilities (PLN1.2B).
Long Term Liabilities: 2W1's short term assets (PLN1.0B) exceed its long term liabilities (PLN156.5M).
Debt to Equity History and Analysis
Debt Level: 2W1's net debt to equity ratio (77.2%) is considered high.
Reducing Debt: 2W1's debt to equity ratio has reduced from 109.3% to 90.6% over the past 5 years.
Debt Coverage: 2W1's debt is well covered by operating cash flow (21.1%).
Interest Coverage: 2W1's interest payments on its debt are not well covered by EBIT (1.1x coverage).