We.Connect Balance Sheet Health
Financial Health criteria checks 6/6
We.Connect has a total shareholder equity of €56.9M and total debt of €33.0M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are €182.1M and €125.1M respectively. We.Connect's EBIT is €10.6M making its interest coverage ratio 6.7. It has cash and short-term investments of €17.0M.
Key information
58.0%
Debt to equity ratio
€33.00m
Debt
| Interest coverage ratio | 6.7x |
| Cash | €16.99m |
| Equity | €56.92m |
| Total liabilities | €125.14m |
| Total assets | €182.06m |
Recent financial health updates
Does We.Connect (EPA:ALWEC) Have A Healthy Balance Sheet?
Jun 27
These 4 Measures Indicate That We.Connect (EPA:ALWEC) Is Using Debt Extensively
Oct 27Recent updates
We.Connect's (EPA:ALWEC) Profits May Not Reveal Underlying Issues
Oct 25Does We.Connect (EPA:ALWEC) Have A Healthy Balance Sheet?
Jun 27Return Trends At We.Connect (EPA:ALWEC) Aren't Appealing
Apr 09The Returns At We.Connect (EPA:ALWEC) Aren't Growing
Dec 30These 4 Measures Indicate That We.Connect (EPA:ALWEC) Is Using Debt Extensively
Oct 27We.Connect (EPA:ALWEC) Is Doing The Right Things To Multiply Its Share Price
Jul 24The Returns At We.Connect (EPA:ALWEC) Aren't Growing
Jun 18Here's Why I Think We.Connect (EPA:ALWEC) Might Deserve Your Attention Today
Mar 31We Like These Underlying Return On Capital Trends At We.Connect (EPA:ALWEC)
Mar 28Is We.Connect SA (EPA:ALWEC) A Smart Pick For Income Investors?
Feb 02
Will We.Connect's (EPA:ALWEC) Growth In ROCE Persist?
Dec 12Financial Position Analysis
Short Term Liabilities: ALWEC's short term assets (€158.8M) exceed its short term liabilities (€77.0M).
Long Term Liabilities: ALWEC's short term assets (€158.8M) exceed its long term liabilities (€48.1M).
Debt to Equity History and Analysis
Debt Level: ALWEC's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: ALWEC's debt to equity ratio has reduced from 58.9% to 58% over the past 5 years.
Debt Coverage: ALWEC's debt is well covered by operating cash flow (52.2%).
Interest Coverage: ALWEC's interest payments on its debt are well covered by EBIT (6.7x coverage).