Weng Fine Art Balance Sheet Health

Financial Health criteria checks 3/6

Weng Fine Art has a total shareholder equity of €19.9M and total debt of €18.9M, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are €39.5M and €19.6M respectively. Weng Fine Art's EBIT is €657.4K making its interest coverage ratio 1.1. It has cash and short-term investments of €397.3K.

Key information

94.9%

Debt to equity ratio

€18.89m

Debt

Interest coverage ratio1.1x
Cash€397.26k
Equity€19.91m
Total liabilities€19.62m
Total assets€39.53m

Recent financial health updates

No updates

Recent updates

Weng Fine Art (FRA:WFA) Could Be Struggling To Allocate Capital

Sep 09
Weng Fine Art (FRA:WFA) Could Be Struggling To Allocate Capital

Weng Fine Art (FRA:WFA) Will Want To Turn Around Its Return Trends

May 22
Weng Fine Art (FRA:WFA) Will Want To Turn Around Its Return Trends

Weng Fine Art (FRA:WFA) Is Reinvesting At Lower Rates Of Return

Feb 07
Weng Fine Art (FRA:WFA) Is Reinvesting At Lower Rates Of Return

Weng Fine Art (FRA:WFA) Might Be Having Difficulty Using Its Capital Effectively

Sep 29
Weng Fine Art (FRA:WFA) Might Be Having Difficulty Using Its Capital Effectively

There's Been No Shortage Of Growth Recently For Weng Fine Art's (FRA:WFA) Returns On Capital

May 25
There's Been No Shortage Of Growth Recently For Weng Fine Art's (FRA:WFA) Returns On Capital

The Return Trends At Weng Fine Art (FRA:WFA) Look Promising

Dec 23
The Return Trends At Weng Fine Art (FRA:WFA) Look Promising

Weng Fine Art's (FRA:WFA) Returns On Capital Are Heading Higher

Jul 06
Weng Fine Art's (FRA:WFA) Returns On Capital Are Heading Higher

Investors Should Be Encouraged By Weng Fine Art's (FRA:WFA) Returns On Capital

Aug 15
Investors Should Be Encouraged By Weng Fine Art's (FRA:WFA) Returns On Capital

Weng Fine Art (FRA:WFA) Might Have The Makings Of A Multi-Bagger

Apr 05
Weng Fine Art (FRA:WFA) Might Have The Makings Of A Multi-Bagger

Can Weng Fine Art AG (FRA:WFA) Maintain Its Strong Returns?

Feb 10
Can Weng Fine Art AG (FRA:WFA) Maintain Its Strong Returns?

What Can The Trends At Weng Fine Art (FRA:WFA) Tell Us About Their Returns?

Dec 08
What Can The Trends At Weng Fine Art (FRA:WFA) Tell Us About Their Returns?

Financial Position Analysis

Short Term Liabilities: WFA's short term assets (€30.7M) exceed its short term liabilities (€13.9M).

Long Term Liabilities: WFA's short term assets (€30.7M) exceed its long term liabilities (€5.8M).


Debt to Equity History and Analysis

Debt Level: WFA's net debt to equity ratio (92.9%) is considered high.

Reducing Debt: WFA's debt to equity ratio has reduced from 153.4% to 94.9% over the past 5 years.

Debt Coverage: WFA's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: WFA's interest payments on its debt are not well covered by EBIT (1.1x coverage).


Balance Sheet


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 01:44
End of Day Share Price 2024/12/20 00:00
Earnings2023/12/31
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

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Analyst Sources

Weng Fine Art AG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

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