Wise Balance Sheet Health
Financial Health criteria checks 6/6
Wise has a total shareholder equity of £1.2B and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £16.5B and £15.3B respectively. Wise's EBIT is £571.9M making its interest coverage ratio -72.4. It has cash and short-term investments of £1.1B.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -72.4x |
| Cash | UK£1.06b |
| Equity | UK£1.17b |
| Total liabilities | UK£15.34b |
| Total assets | UK£16.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6WS's short term assets (£16.3B) exceed its short term liabilities (£15.2B).
Long Term Liabilities: 6WS's short term assets (£16.3B) exceed its long term liabilities (£89.9M).
Debt to Equity History and Analysis
Debt Level: 6WS is debt free.
Reducing Debt: 6WS has no debt compared to 5 years ago when its debt to equity ratio was 24%.
Debt Coverage: 6WS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 6WS has no debt, therefore coverage of interest payments is not a concern.