WEG Balance Sheet Health
Financial Health criteria checks 6/6
WEG has a total shareholder equity of R$20.5B and total debt of R$3.0B, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are R$36.3B and R$15.8B respectively. WEG's EBIT is R$7.2B making its interest coverage ratio -16.1. It has cash and short-term investments of R$6.1B.
Key information
14.8%
Debt to equity ratio
R$3.03b
Debt
| Interest coverage ratio | -16.1x |
| Cash | R$6.11b |
| Equity | R$20.47b |
| Total liabilities | R$15.85b |
| Total assets | R$36.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: B7F0's short term assets (R$23.8B) exceed its short term liabilities (R$13.3B).
Long Term Liabilities: B7F0's short term assets (R$23.8B) exceed its long term liabilities (R$2.5B).
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 34.9% to 14.8% over the past 5 years.
Debt Coverage: B7F0's debt is well covered by operating cash flow (220.4%).
Interest Coverage: B7F0 earns more interest than it pays, so coverage of interest payments is not a concern.