Willdan Group Balance Sheet Health
Financial Health criteria checks 5/6
Willdan Group has a total shareholder equity of $205.5M and total debt of $95.9M, which brings its debt-to-equity ratio to 46.7%. Its total assets and total liabilities are $407.9M and $202.4M respectively. Willdan Group's EBIT is $23.4M making its interest coverage ratio 2.6. It has cash and short-term investments of $47.1M.
Key information
46.7%
Debt to equity ratio
US$95.93m
Debt
Interest coverage ratio | 2.6x |
Cash | US$47.07m |
Equity | US$205.52m |
Total liabilities | US$202.39m |
Total assets | US$407.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: J2A's short term assets ($186.5M) exceed its short term liabilities ($104.1M).
Long Term Liabilities: J2A's short term assets ($186.5M) exceed its long term liabilities ($98.3M).
Debt to Equity History and Analysis
Debt Level: J2A's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: J2A's debt to equity ratio has reduced from 58% to 46.7% over the past 5 years.
Debt Coverage: J2A's debt is well covered by operating cash flow (50.9%).
Interest Coverage: J2A's interest payments on its debt are not well covered by EBIT (2.6x coverage).