W.A.G payment solutions Balance Sheet Health
Financial Health criteria checks 2/6
W.A.G payment solutions has a total shareholder equity of €265.1M and total debt of €399.6M, which brings its debt-to-equity ratio to 150.7%. Its total assets and total liabilities are €1.2B and €937.5M respectively. W.A.G payment solutions's EBIT is €35.7M making its interest coverage ratio 1.5. It has cash and short-term investments of €98.2M.
Key information
150.7%
Debt to equity ratio
€399.56m
Debt
| Interest coverage ratio | 1.5x |
| Cash | €98.24m |
| Equity | €265.09m |
| Total liabilities | €937.48m |
| Total assets | €1.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9VU's short term assets (€577.9M) do not cover its short term liabilities (€598.1M).
Long Term Liabilities: 9VU's short term assets (€577.9M) exceed its long term liabilities (€339.4M).
Debt to Equity History and Analysis
Debt Level: 9VU's net debt to equity ratio (113.7%) is considered high.
Reducing Debt: 9VU's debt to equity ratio has reduced from 228.1% to 150.7% over the past 5 years.
Debt Coverage: 9VU's debt is not well covered by operating cash flow (18.5%).
Interest Coverage: 9VU's interest payments on its debt are not well covered by EBIT (1.5x coverage).