Wilmington Balance Sheet Health
Financial Health criteria checks 6/6
Wilmington has a total shareholder equity of £115.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £171.7M and £56.3M respectively. Wilmington's EBIT is £19.6M making its interest coverage ratio -11. It has cash and short-term investments of £67.5M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -11x |
| Cash | UK£67.52m |
| Equity | UK£115.32m |
| Total liabilities | UK£56.34m |
| Total assets | UK£171.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WI6's short term assets (£90.8M) exceed its short term liabilities (£53.4M).
Long Term Liabilities: WI6's short term assets (£90.8M) exceed its long term liabilities (£2.9M).
Debt to Equity History and Analysis
Debt Level: WI6 is debt free.
Reducing Debt: WI6 has no debt compared to 5 years ago when its debt to equity ratio was 98%.
Debt Coverage: WI6 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WI6 has no debt, therefore coverage of interest payments is not a concern.