Watches of Switzerland Group Balance Sheet Health
Financial Health criteria checks 6/6
Watches of Switzerland Group has a total shareholder equity of £515.8M and total debt of £68.0M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are £1.3B and £790.6M respectively. Watches of Switzerland Group's EBIT is £167.1M making its interest coverage ratio 6.8. It has cash and short-term investments of £86.1M.
Key information
13.2%
Debt to equity ratio
UK£68.00m
Debt
Interest coverage ratio | 6.8x |
Cash | UK£86.10m |
Equity | UK£515.80m |
Total liabilities | UK£790.60m |
Total assets | UK£1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5WS's short term assets (£510.2M) exceed its short term liabilities (£302.4M).
Long Term Liabilities: 5WS's short term assets (£510.2M) exceed its long term liabilities (£488.2M).
Debt to Equity History and Analysis
Debt Level: 5WS has more cash than its total debt.
Reducing Debt: 5WS's debt to equity ratio has reduced from 222.5% to 13.2% over the past 5 years.
Debt Coverage: 5WS's debt is well covered by operating cash flow (320%).
Interest Coverage: 5WS's interest payments on its debt are well covered by EBIT (6.8x coverage).