WiseTech Global Balance Sheet Health
Financial Health criteria checks 5/6
WiseTech Global has a total shareholder equity of A$2.2B and total debt of A$80.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are A$2.8B and A$613.7M respectively. WiseTech Global's EBIT is A$388.4M making its interest coverage ratio 34.4. It has cash and short-term investments of A$123.5M.
Key information
3.6%
Debt to equity ratio
AU$80.00m
Debt
| Interest coverage ratio | 34.4x |
| Cash | AU$123.50m |
| Equity | AU$2.21b |
| Total liabilities | AU$613.70m |
| Total assets | AU$2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 17W's short term assets (A$330.9M) exceed its short term liabilities (A$324.7M).
Long Term Liabilities: 17W's short term assets (A$330.9M) exceed its long term liabilities (A$289.0M).
Debt to Equity History and Analysis
Debt Level: 17W has more cash than its total debt.
Reducing Debt: 17W's debt to equity ratio has increased from 0.09% to 3.6% over the past 5 years.
Debt Coverage: 17W's debt is well covered by operating cash flow (560.9%).
Interest Coverage: 17W's interest payments on its debt are well covered by EBIT (34.4x coverage).