Wagners Holding Balance Sheet Health
Financial Health criteria checks 4/6
Wagners Holding has a total shareholder equity of A$127.0M and total debt of A$75.0M, which brings its debt-to-equity ratio to 59.1%. Its total assets and total liabilities are A$428.2M and A$301.2M respectively. Wagners Holding's EBIT is A$31.4M making its interest coverage ratio 2.4. It has cash and short-term investments of A$30.5M.
Key information
59.1%
Debt to equity ratio
AU$75.00m
Debt
Interest coverage ratio | 2.4x |
Cash | AU$30.46m |
Equity | AU$126.99m |
Total liabilities | AU$301.22m |
Total assets | AU$428.21m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0W7's short term assets (A$138.7M) exceed its short term liabilities (A$87.8M).
Long Term Liabilities: 0W7's short term assets (A$138.7M) do not cover its long term liabilities (A$213.4M).
Debt to Equity History and Analysis
Debt Level: 0W7's net debt to equity ratio (35.1%) is considered satisfactory.
Reducing Debt: 0W7's debt to equity ratio has reduced from 119.9% to 59.1% over the past 5 years.
Debt Coverage: 0W7's debt is well covered by operating cash flow (67%).
Interest Coverage: 0W7's interest payments on its debt are not well covered by EBIT (2.4x coverage).