George Weston Balance Sheet Health
Financial Health criteria checks 4/6
George Weston has a total shareholder equity of CA$13.3B and total debt of CA$16.7B, which brings its debt-to-equity ratio to 125.3%. Its total assets and total liabilities are CA$49.6B and CA$36.3B respectively. George Weston's EBIT is CA$4.5B making its interest coverage ratio 4.1. It has cash and short-term investments of CA$2.8B.
Key information
125.3%
Debt to equity ratio
CA$16.69b
Debt
| Interest coverage ratio | 4.1x |
| Cash | CA$2.83b |
| Equity | CA$13.32b |
| Total liabilities | CA$36.29b |
| Total assets | CA$49.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WX5's short term assets (CA$14.9B) exceed its short term liabilities (CA$11.1B).
Long Term Liabilities: WX5's short term assets (CA$14.9B) do not cover its long term liabilities (CA$25.2B).
Debt to Equity History and Analysis
Debt Level: WX5's net debt to equity ratio (104%) is considered high.
Reducing Debt: WX5's debt to equity ratio has reduced from 125.6% to 125.3% over the past 5 years.
Debt Coverage: WX5's debt is well covered by operating cash flow (35.2%).
Interest Coverage: WX5's interest payments on its debt are well covered by EBIT (4.1x coverage).