Whitehaven Coal Balance Sheet Health
Financial Health criteria checks 6/6
Whitehaven Coal has a total shareholder equity of A$5.2B and total debt of A$25.6M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are A$6.6B and A$1.4B respectively. Whitehaven Coal's EBIT is A$1.7B making its interest coverage ratio -16.1. It has cash and short-term investments of A$1.6B.
Key information
0.5%
Debt to equity ratio
AU$25.58m
Debt
Interest coverage ratio | -16.1x |
Cash | AU$1.60b |
Equity | AU$5.21b |
Total liabilities | AU$1.41b |
Total assets | AU$6.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WC2's short term assets (A$2.1B) exceed its short term liabilities (A$532.9M).
Long Term Liabilities: WC2's short term assets (A$2.1B) exceed its long term liabilities (A$876.9M).
Debt to Equity History and Analysis
Debt Level: WC2 has more cash than its total debt.
Reducing Debt: WC2's debt to equity ratio has reduced from 6.9% to 0.5% over the past 5 years.
Debt Coverage: WC2's debt is well covered by operating cash flow (2622.2%).
Interest Coverage: WC2 earns more interest than it pays, so coverage of interest payments is not a concern.