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 ratio25.8x
CashDKK 4.82m
EquityDKK 19.42m
Total liabilitiesDKK 26.46m
Total assetsDKK 45.87m

Recent financial health updates

No updates

Recent updates

Calculating The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)

Nov 08
Calculating The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)

Wirtek (CPH:WIRTEK) Is Reducing Its Dividend To DKK0.38

Apr 18
Wirtek (CPH:WIRTEK) Is Reducing Its Dividend To DKK0.38

Wirtek (CPH:WIRTEK) Is Paying Out Less In Dividends Than Last Year

Mar 29
Wirtek (CPH:WIRTEK) Is Paying Out Less In Dividends Than Last Year

Wirtek A/S' (CPH:WIRTEK) Business Is Yet to Catch Up With Its Share Price

Mar 15
Wirtek A/S' (CPH:WIRTEK) Business Is Yet to Catch Up With Its Share Price

A Look At The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)

Oct 19
A Look At The Intrinsic Value Of Wirtek A/S (CPH:WIRTEK)

Wirtek (CPH:WIRTEK) Has Announced That It Will Be Increasing Its Dividend To DKK0.42

Mar 25
Wirtek (CPH:WIRTEK) Has Announced That It Will Be Increasing Its Dividend To DKK0.42

Here's Why We Think Wirtek (CPH:WIRTEK) Might Deserve Your Attention Today

Aug 15
Here's Why We Think Wirtek (CPH:WIRTEK) Might Deserve Your Attention Today

Wirtek's (CPH:WIRTEK) Shareholders Will Receive A Bigger Dividend Than Last Year

Apr 06
Wirtek's (CPH:WIRTEK) Shareholders Will Receive A Bigger Dividend Than Last Year

Wirtek's (CPH:WIRTEK) Upcoming Dividend Will Be Larger Than Last Year's

Mar 23
Wirtek's (CPH:WIRTEK) Upcoming Dividend Will Be Larger Than Last Year's

Here's Why I Think WirTek (CPH:WIRTEK) Is An Interesting Stock

Aug 07
Here's Why I Think WirTek (CPH:WIRTEK) Is An Interesting Stock

Is Now The Time To Put WirTek (CPH:WIRTEK) On Your Watchlist?

Mar 09
Is Now The Time To Put WirTek (CPH:WIRTEK) On Your Watchlist?

Estimating The Intrinsic Value Of WirTek A/S (CPH:WIRTEK)

Feb 09
Estimating The Intrinsic Value Of WirTek A/S (CPH:WIRTEK)

Why WirTek A/S (CPH:WIRTEK) Is A Dividend Rockstar

Jan 12
Why WirTek A/S (CPH:WIRTEK) Is A Dividend Rockstar

WirTek A/S' (CPH:WIRTEK) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Nov 19
WirTek A/S' (CPH:WIRTEK) Stock's On An Uptrend: Are Strong Financials Guiding The Market?

Financial 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).


Balance Sheet


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