Wesfarmers Balance Sheet Health
Financial Health criteria checks 3/6
Wesfarmers has a total shareholder equity of A$8.6B and total debt of A$4.8B, which brings its debt-to-equity ratio to 55.4%. Its total assets and total liabilities are A$27.3B and A$18.7B respectively. Wesfarmers's EBIT is A$3.8B making its interest coverage ratio 10. It has cash and short-term investments of A$835.0M.
Key information
55.4%
Debt to equity ratio
AU$4.76b
Debt
| Interest coverage ratio | 10x |
| Cash | AU$835.00m |
| Equity | AU$8.59b |
| Total liabilities | AU$18.72b |
| Total assets | AU$27.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WF3's short term assets (A$9.4B) exceed its short term liabilities (A$8.2B).
Long Term Liabilities: WF3's short term assets (A$9.4B) do not cover its long term liabilities (A$10.5B).
Debt to Equity History and Analysis
Debt Level: WF3's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: WF3's debt to equity ratio has increased from 30.4% to 55.4% over the past 5 years.
Debt Coverage: WF3's debt is well covered by operating cash flow (96.6%).
Interest Coverage: WF3's interest payments on its debt are well covered by EBIT (10x coverage).