Worldsec Balance Sheet Health
Financial Health criteria checks 6/6
Worldsec has a total shareholder equity of $5.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $5.8M and $282.0K respectively. Worldsec's EBIT is $350.0K making its interest coverage ratio 116.7. It has cash and short-term investments of $1.3M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 116.7x |
| Cash | US$1.34m |
| Equity | US$5.50m |
| Total liabilities | US$282.00k |
| Total assets | US$5.78m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WSL's short term assets ($1.8M) exceed its short term liabilities ($227.0K).
Long Term Liabilities: WSL's short term assets ($1.8M) exceed its long term liabilities ($55.0K).
Debt to Equity History and Analysis
Debt Level: WSL is debt free.
Reducing Debt: WSL had no debt 5 years ago.
Debt Coverage: WSL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WSL has no debt, therefore coverage of interest payments is not a concern.