WELL Health Technologies Balance Sheet Health
Financial Health criteria checks 4/6
WELL Health Technologies has a total shareholder equity of CA$1.0B and total debt of CA$339.0M, which brings its debt-to-equity ratio to 33.6%. Its total assets and total liabilities are CA$1.6B and CA$630.0M respectively. WELL Health Technologies's EBIT is CA$48.2M making its interest coverage ratio 1.3. It has cash and short-term investments of CA$46.6M.
Key information
33.6%
Debt to equity ratio
CA$339.05m
Debt
| Interest coverage ratio | 1.3x |
| Cash | CA$46.55m |
| Equity | CA$1.01b |
| Total liabilities | CA$629.95m |
| Total assets | CA$1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: W7V's short term assets (CA$260.0M) exceed its short term liabilities (CA$208.4M).
Long Term Liabilities: W7V's short term assets (CA$260.0M) do not cover its long term liabilities (CA$421.5M).
Debt to Equity History and Analysis
Debt Level: W7V's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: W7V's debt to equity ratio has reduced from 45.3% to 33.6% over the past 5 years.
Debt Coverage: W7V's debt is well covered by operating cash flow (26.2%).
Interest Coverage: W7V's interest payments on its debt are not well covered by EBIT (1.3x coverage).