Wavestone Balance Sheet Health
Financial Health criteria checks 6/6
Wavestone has a total shareholder equity of €311.9M and total debt of €40.9M, which brings its debt-to-equity ratio to 13.1%. Its total assets and total liabilities are €517.4M and €205.5M respectively. Wavestone's EBIT is €89.4M making its interest coverage ratio 37.6. It has cash and short-term investments of €54.1M.
Key information
13.1%
Debt to equity ratio
€40.87m
Debt
Interest coverage ratio | 37.6x |
Cash | €54.14m |
Equity | €311.90m |
Total liabilities | €205.53m |
Total assets | €517.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2WSA's short term assets (€247.6M) exceed its short term liabilities (€147.3M).
Long Term Liabilities: 2WSA's short term assets (€247.6M) exceed its long term liabilities (€58.2M).
Debt to Equity History and Analysis
Debt Level: 2WSA has more cash than its total debt.
Reducing Debt: 2WSA's debt to equity ratio has reduced from 70.3% to 13.1% over the past 5 years.
Debt Coverage: 2WSA's debt is well covered by operating cash flow (141.9%).
Interest Coverage: 2WSA's interest payments on its debt are well covered by EBIT (37.6x coverage).