WEG Balance Sheet Health
Financial Health criteria checks 6/6
WEG has a total shareholder equity of R$18.0B and total debt of R$2.7B, which brings its debt-to-equity ratio to 14.9%. Its total assets and total liabilities are R$32.0B and R$14.0B respectively. WEG's EBIT is R$6.6B making its interest coverage ratio -12.4. It has cash and short-term investments of R$6.5B.
Key information
14.9%
Debt to equity ratio
R$2.69b
Debt
Interest coverage ratio | -12.4x |
Cash | R$6.53b |
Equity | R$17.97b |
Total liabilities | R$14.01b |
Total assets | R$31.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B7F0's short term assets (R$21.5B) exceed its short term liabilities (R$11.7B).
Long Term Liabilities: B7F0's short term assets (R$21.5B) exceed its long term liabilities (R$2.3B).
Debt to Equity History and Analysis
Debt Level: B7F0 has more cash than its total debt.
Reducing Debt: B7F0's debt to equity ratio has reduced from 43.6% to 14.9% over the past 5 years.
Debt Coverage: B7F0's debt is well covered by operating cash flow (234.8%).
Interest Coverage: B7F0 earns more interest than it pays, so coverage of interest payments is not a concern.