Willdan Group Balance Sheet Health
Financial Health criteria checks 6/6
Willdan Group has a total shareholder equity of $224.0M and total debt of $92.6M, which brings its debt-to-equity ratio to 41.3%. Its total assets and total liabilities are $447.3M and $223.3M respectively. Willdan Group's EBIT is $32.2M making its interest coverage ratio 3.9. It has cash and short-term investments of $53.1M.
Key information
41.3%
Debt to equity ratio
US$92.58m
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$53.11m |
| Equity | US$223.96m |
| Total liabilities | US$223.29m |
| Total assets | US$447.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J2A's short term assets ($228.1M) exceed its short term liabilities ($128.6M).
Long Term Liabilities: J2A's short term assets ($228.1M) exceed its long term liabilities ($94.7M).
Debt to Equity History and Analysis
Debt Level: J2A's net debt to equity ratio (17.6%) is considered satisfactory.
Reducing Debt: J2A's debt to equity ratio has reduced from 67% to 41.3% over the past 5 years.
Debt Coverage: J2A's debt is well covered by operating cash flow (58%).
Interest Coverage: J2A's interest payments on its debt are well covered by EBIT (3.9x coverage).