Wirtek Balance Sheet Health
Financial Health criteria checks 5/6
Wirtek has a total shareholder equity of DKK19.4M and total debt of DKK6.0M, which brings its debt-to-equity ratio to 30.9%. Its total assets and total liabilities are DKK45.9M and DKK26.5M respectively. Wirtek's EBIT is DKK2.8M making its interest coverage ratio 25.8. It has cash and short-term investments of DKK4.8M.
Key information
30.9%
Debt to equity ratio
DKK 5.99m
Debt
Interest coverage ratio | 25.8x |
Cash | DKK 4.82m |
Equity | DKK 19.42m |
Total liabilities | DKK 26.46m |
Total assets | DKK 45.87m |
Recent financial health updates
No updates
Recent updates
Calculating The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)
Nov 08Wirtek (CPH:WIRTEK) Is Reducing Its Dividend To DKK0.38
Apr 18Wirtek (CPH:WIRTEK) Is Paying Out Less In Dividends Than Last Year
Mar 29Wirtek A/S' (CPH:WIRTEK) Business Is Yet to Catch Up With Its Share Price
Mar 15A Look At The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)
Oct 19Wirtek (CPH:WIRTEK) Has Announced That It Will Be Increasing Its Dividend To DKK0.42
Mar 25Here's Why We Think Wirtek (CPH:WIRTEK) Might Deserve Your Attention Today
Aug 15Wirtek's (CPH:WIRTEK) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 06Wirtek's (CPH:WIRTEK) Upcoming Dividend Will Be Larger Than Last Year's
Mar 23Here's Why I Think WirTek (CPH:WIRTEK) Is An Interesting Stock
Aug 07Is Now The Time To Put WirTek (CPH:WIRTEK) On Your Watchlist?
Mar 09Estimating The Intrinsic Value Of WirTek A/S (CPH:WIRTEK)
Feb 09Why WirTek A/S (CPH:WIRTEK) Is A Dividend Rockstar
Jan 12WirTek A/S' (CPH:WIRTEK) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Nov 19Financial Position Analysis
Short Term Liabilities: WIRTEK's short term assets (DKK28.4M) exceed its short term liabilities (DKK19.0M).
Long Term Liabilities: WIRTEK's short term assets (DKK28.4M) exceed its long term liabilities (DKK7.5M).
Debt to Equity History and Analysis
Debt Level: WIRTEK's net debt to equity ratio (6.1%) is considered satisfactory.
Reducing Debt: WIRTEK's debt to equity ratio has increased from 0% to 30.9% over the past 5 years.
Debt Coverage: WIRTEK's debt is well covered by operating cash flow (73.2%).
Interest Coverage: WIRTEK's interest payments on its debt are well covered by EBIT (25.8x coverage).