Wendel Balance Sheet Health
Financial Health criteria checks 4/6
Wendel has a total shareholder equity of €5.0B and total debt of €6.2B, which brings its debt-to-equity ratio to 125.3%. Its total assets and total liabilities are €15.3B and €10.3B respectively. Wendel's EBIT is €924.7M making its interest coverage ratio 7.2. It has cash and short-term investments of €4.2B.
Key information
125.3%
Debt to equity ratio
€6.24b
Debt
| Interest coverage ratio | 7.2x |
| Cash | €4.24b |
| Equity | €4.98b |
| Total liabilities | €10.30b |
| Total assets | €15.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFP's short term assets (€7.0B) exceed its short term liabilities (€3.1B).
Long Term Liabilities: MFP's short term assets (€7.0B) do not cover its long term liabilities (€7.2B).
Debt to Equity History and Analysis
Debt Level: MFP's net debt to equity ratio (40.1%) is considered high.
Reducing Debt: MFP's debt to equity ratio has reduced from 214.2% to 125.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable MFP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MFP is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.4% per year.