Wirtek Balance Sheet Health

Financial Health criteria checks 5/6

Wirtek has a total shareholder equity of DKK18.5M and total debt of DKK2.1M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are DKK30.2M and DKK11.6M respectively. Wirtek's EBIT is DKK4.7M making its interest coverage ratio 30.4. It has cash and short-term investments of DKK2.5M.

Key information

11.1%

Debt to equity ratio

kr.2.06m

Debt

Interest coverage ratio	30.4x
Cash	kr.2.54m
Equity	kr.18.54m
Total liabilities	kr.11.63m
Total assets	kr.30.17m

Recent financial health updates

No updates

Recent updates

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

Mar 25

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

Aug 15

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

Apr 06

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

Mar 23

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

Aug 07

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

Mar 09

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

Feb 09

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

Jan 12

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

Nov 19

Financial Position Analysis

Short Term Liabilities: WIRTEK's short term assets (DKK18.7M) exceed its short term liabilities (DKK11.6M).

Long Term Liabilities: WIRTEK's short term assets (DKK18.7M) exceed its long term liabilities (DKK65.0K).

Debt to Equity History and Analysis

Debt Level: WIRTEK has more cash than its total debt.

Reducing Debt: WIRTEK's debt to equity ratio has increased from 0% to 11.1% over the past 5 years.

Debt Coverage: WIRTEK's debt is well covered by operating cash flow (162.7%).

Interest Coverage: WIRTEK's interest payments on its debt are well covered by EBIT (30.4x coverage).

Wirtek Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

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

Wirtek A/S Approves Dividend

New minor risk - Share price stability

Upcoming dividend of kr.0.38 per share

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

Wirtek A/S, Annual General Meeting, Apr 17, 2024

Wirtek A/S Proposes Dividend Payment

Dividend of kr.0.38 announced

Full year 2023 earnings released

Investor sentiment improves as stock rises 21%

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

Now 27% overvalued after recent price rise

Wirtek A/S Announces Earnings Guidance for 2024

New major risk - Market cap size

Third quarter 2023 earnings released: EPS: kr.0.11 (vs kr.0.20 in 3Q 2022)

Wirtek A/S to Report Q1, 2024 Results on May 15, 2024

Wirtek A/S Revises the Revenue Guidance for the Year 2023

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

New major risk - Market cap size

Wirtek A/S Approves the Election of Janie C. Nielsen as New Independent Member of the Board of Directors

Wirtek A/S (CPSE:WIRTEK) commences an Equity Buyback Plan for 10% of its issued share capital, under the authorization approved on April 19, 2023.

Second quarter 2023 earnings released

New minor risk - Shareholder dilution

First quarter 2023 earnings released

Wirtek A/S Provides Financial Guidance for 2023

Upcoming dividend of kr.0.42 per share at 3.3% yield

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

Full year 2022 earnings released

Investor sentiment deteriorates as stock falls 17%

Wirtek A/S Provides Earnings Guidance for the Year 2023

Insufficient new directors

Third quarter 2022 earnings released

Wirtek A/S Revises Earnings Guidance for the Year 2022

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

Second quarter 2022 earnings released

Wirtek A/S Maintains Earnings Guidance for 2022

First quarter 2022 earnings released

Insufficient new directors

Wirtek A/S Provides Revenue Guidance for the Year 2022

Wirtek A/S Approves Dividend for the Year 2021

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

Upcoming dividend of kr.0.37 per share

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

Full year 2021 earnings: Revenues in line with analyst expectations

Wirtek A/S Revises Earnings Guidance for the Year 2022

Wirtek A/S Provides Earnings Guidance for the Year 2022

Wirtek A/S Revises Earnings Guidance for the Year 2021

Third quarter 2021 earnings released

Wirtek A/S Raises Earnings Guidance for the Year 2021

Second quarter 2021 earnings released

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

Investor sentiment improved over the past week

WirTek Revises Earnings Guidance for the Year 2021

First quarter 2021 earnings released

Upcoming dividend of kr.0.20 per share

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

WirTek A/S Provides Earnings Guidance for the Year 2021

Full year 2020 earnings released

Investor sentiment deteriorated over the past week

WirTek A/S (CPSE:WIRTEK) signed a non-binding agreement to acquire Accelerate25.

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

Investor sentiment improved over the past week

New 90-day high: kr.25.00

WirTek A/S, Annual General Meeting, Apr 04, 2021

Investor sentiment deteriorated over the past week

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

Investor sentiment improved over the past week

New 90-day high: kr.14.10

New 90-day high: kr.14.00

Market bids up stock over the past week

WirTek A/S to Report Fiscal Year 2020 Results on Mar 04, 2021

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

New 90-day high: kr.13.00

Market bids up stock over the past week

New 90-day high: kr.12.60