We.Connect Balance Sheet Health
Financial Health criteria checks 4/6
We.Connect has a total shareholder equity of €46.0M and total debt of €35.3M, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are €172.3M and €126.3M respectively. We.Connect's EBIT is €10.8M making its interest coverage ratio -15.4. It has cash and short-term investments of €19.0M.
Key information
76.8%
Debt to equity ratio
€35.29m
Debt
Interest coverage ratio | -15.4x |
Cash | €19.01m |
Equity | €45.97m |
Total liabilities | €126.35m |
Total assets | €172.32m |
Recent financial health updates
Recent updates
Return 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 02Will We.Connect's (EPA:ALWEC) Growth In ROCE Persist?
Dec 12Financial Position Analysis
Short Term Liabilities: ALWEC's short term assets (€165.4M) exceed its short term liabilities (€80.4M).
Long Term Liabilities: ALWEC's short term assets (€165.4M) exceed its long term liabilities (€46.0M).
Debt to Equity History and Analysis
Debt Level: ALWEC's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: ALWEC's debt to equity ratio has increased from 68.5% to 76.8% over the past 5 years.
Debt Coverage: ALWEC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALWEC earns more interest than it pays, so coverage of interest payments is not a concern.