WisdomTree Balance Sheet Health
Financial Health criteria checks 4/6
WisdomTree has a total shareholder equity of $555.8M and total debt of $275.3M, which brings its debt-to-equity ratio to 49.5%. Its total assets and total liabilities are $931.7M and $375.8M respectively. WisdomTree's EBIT is $98.9M making its interest coverage ratio 9. It has cash and short-term investments of $175.2M.
Key information
49.5%
Debt to equity ratio
US$275.26m
Debt
Interest coverage ratio | 9x |
Cash | US$175.23m |
Equity | US$555.81m |
Total liabilities | US$375.85m |
Total assets | US$931.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1WT's short term assets ($223.0M) exceed its short term liabilities ($75.6M).
Long Term Liabilities: 1WT's short term assets ($223.0M) do not cover its long term liabilities ($300.3M).
Debt to Equity History and Analysis
Debt Level: 1WT's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 1WT's debt to equity ratio has increased from 39.3% to 49.5% over the past 5 years.
Debt Coverage: 1WT's debt is well covered by operating cash flow (32.7%).
Interest Coverage: 1WT's interest payments on its debt are well covered by EBIT (9x coverage).