Wendel Balance Sheet Health
Financial Health criteria checks 5/6
Wendel has a total shareholder equity of €4.8B and total debt of €5.6B, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are €15.1B and €10.2B respectively. Wendel's EBIT is €862.0M making its interest coverage ratio 6.7. It has cash and short-term investments of €2.4B.
Key information
116.1%
Debt to equity ratio
€5.61b
Debt
Interest coverage ratio | 6.7x |
Cash | €2.42b |
Equity | €4.83b |
Total liabilities | €10.22b |
Total assets | €15.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIS's short term assets (€7.3B) exceed its short term liabilities (€3.6B).
Long Term Liabilities: WIS's short term assets (€7.3B) exceed its long term liabilities (€6.7B).
Debt to Equity History and Analysis
Debt Level: WIS's net debt to equity ratio (66%) is considered high.
Reducing Debt: WIS's debt to equity ratio has reduced from 220.7% to 116.1% over the past 5 years.
Debt Coverage: WIS's debt is well covered by operating cash flow (25.2%).
Interest Coverage: WIS's interest payments on its debt are well covered by EBIT (6.7x coverage).