Wise Balance Sheet Health
Financial Health criteria checks 5/6
Wise has a total shareholder equity of £740.6M and total debt of £293.0M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are £13.9B and £13.1B respectively. Wise's EBIT is £313.9M making its interest coverage ratio 47.6. It has cash and short-term investments of £911.1M.
Key information
39.6%
Debt to equity ratio
UK£293.00m
Debt
| Interest coverage ratio | 47.6x |
| Cash | UK£911.10m |
| Equity | UK£740.60m |
| Total liabilities | UK£13.13b |
| Total assets | UK£13.87b |
Recent financial health updates
No updates
Recent updates
Do Wise's (LON:WISE) Earnings Warrant Your Attention?
Jan 11
Wise plc (LON:WISE) Not Flying Under The Radar
Sep 26Here's Why We Think Wise (LON:WISE) Is Well Worth Watching
Aug 04Does Wise (LON:WISE) Deserve A Spot On Your Watchlist?
Apr 18Estimating The Fair Value Of Wise plc (LON:WISE)
Feb 01Calculating The Fair Value Of Wise plc (LON:WISE)
Oct 18The Key Drivers in Wise plc's (LON:WISE) Current Valuation and Business Model
Feb 16Financial Position Analysis
Short Term Liabilities: WISE's short term assets (£13.7B) exceed its short term liabilities (£13.1B).
Long Term Liabilities: WISE's short term assets (£13.7B) exceed its long term liabilities (£51.3M).
Debt to Equity History and Analysis
Debt Level: WISE has more cash than its total debt.
Reducing Debt: WISE's debt to equity ratio has increased from 14.6% to 39.6% over the past 5 years.
Debt Coverage: WISE's debt is well covered by operating cash flow (1249.1%).
Interest Coverage: WISE's interest payments on its debt are well covered by EBIT (47.6x coverage).