Worley Balance Sheet Health
Financial Health criteria checks 5/6
Worley has a total shareholder equity of A$5.4B and total debt of A$1.9B, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are A$10.3B and A$4.9B respectively. Worley's EBIT is A$620.0M making its interest coverage ratio 5.2. It has cash and short-term investments of A$500.0M.
Key information
34.6%
Debt to equity ratio
AU$1.88b
Debt
Interest coverage ratio | 5.2x |
Cash | AU$500.00m |
Equity | AU$5.44b |
Total liabilities | AU$4.89b |
Total assets | AU$10.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WF9's short term assets (A$3.3B) exceed its short term liabilities (A$2.6B).
Long Term Liabilities: WF9's short term assets (A$3.3B) exceed its long term liabilities (A$2.3B).
Debt to Equity History and Analysis
Debt Level: WF9's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: WF9's debt to equity ratio has increased from 12.7% to 34.6% over the past 5 years.
Debt Coverage: WF9's debt is well covered by operating cash flow (29.6%).
Interest Coverage: WF9's interest payments on its debt are well covered by EBIT (5.2x coverage).