Weng Fine Art Balance Sheet Health
Financial Health criteria checks 4/6
Weng Fine Art has a total shareholder equity of €16.8M and total debt of €13.1M, which brings its debt-to-equity ratio to 78%. Its total assets and total liabilities are €30.9M and €14.1M respectively. Weng Fine Art's EBIT is €1.3M making its interest coverage ratio 3. It has cash and short-term investments of €571.9K.
Key information
78.0%
Debt to equity ratio
€13.09m
Debt
| Interest coverage ratio | 3x |
| Cash | €571.92k |
| Equity | €16.79m |
| Total liabilities | €14.15m |
| Total assets | €30.94m |
Recent financial health updates
No updates
Recent updates
Weng Fine Art (FRA:WFA) Is Reinvesting At Lower Rates Of Return
Feb 07
Weng Fine Art (FRA:WFA) Might Be Having Difficulty Using Its Capital Effectively
Sep 29There's Been No Shortage Of Growth Recently For Weng Fine Art's (FRA:WFA) Returns On Capital
May 25The Return Trends At Weng Fine Art (FRA:WFA) Look Promising
Dec 23Weng Fine Art's (FRA:WFA) Returns On Capital Are Heading Higher
Jul 06Investors Should Be Encouraged By Weng Fine Art's (FRA:WFA) Returns On Capital
Aug 15Weng Fine Art (FRA:WFA) Might Have The Makings Of A Multi-Bagger
Apr 05Can Weng Fine Art AG (FRA:WFA) Maintain Its Strong Returns?
Feb 10What Can The Trends At Weng Fine Art (FRA:WFA) Tell Us About Their Returns?
Dec 08
Financial Position Analysis
Short Term Liabilities: WFA's short term assets (€20.0M) exceed its short term liabilities (€4.0M).
Long Term Liabilities: WFA's short term assets (€20.0M) exceed its long term liabilities (€10.1M).
Debt to Equity History and Analysis
Debt Level: WFA's net debt to equity ratio (74.6%) is considered high.
Reducing Debt: WFA's debt to equity ratio has reduced from 158.9% to 78% over the past 5 years.
Debt Coverage: WFA's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: WFA's interest payments on its debt are well covered by EBIT (3x coverage).