Wynnstay Properties Balance Sheet Health
Financial Health criteria checks 3/6
Wynnstay Properties has a total shareholder equity of £30.6M and total debt of £10.8M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are £44.7M and £14.1M respectively. Wynnstay Properties's EBIT is £1.8M making its interest coverage ratio 4.3. It has cash and short-term investments of £397.0K.
Key information
35.4%
Debt to equity ratio
UK£10.84m
Debt
| Interest coverage ratio | 4.3x |
| Cash | UK£397.00k |
| Equity | UK£30.63m |
| Total liabilities | UK£14.10m |
| Total assets | UK£44.73m |
Recent financial health updates
No updates
Recent updates
Impressive Earnings May Not Tell The Whole Story For Wynnstay Properties (LON:WSP)
Jun 19
Wynnstay Properties (LON:WSP) Will Pay A Larger Dividend Than Last Year At £0.095
Nov 10Wynnstay Properties' (LON:WSP) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 17How Much is Wynnstay Properties' (LON:WSP) CEO Getting Paid?
Feb 10
Does Wynnstay Properties Plc (LON:WSP) Have A Place In Your Dividend Stock Portfolio?
Jan 06Why It Might Not Make Sense To Buy Wynnstay Properties Plc (LON:WSP) For Its Upcoming Dividend
Nov 29Financial Position Analysis
Short Term Liabilities: WSP's short term assets (£810.0K) do not cover its short term liabilities (£1.2M).
Long Term Liabilities: WSP's short term assets (£810.0K) do not cover its long term liabilities (£12.9M).
Debt to Equity History and Analysis
Debt Level: WSP's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: WSP's debt to equity ratio has reduced from 57.1% to 35.4% over the past 5 years.
Debt Coverage: WSP's debt is not well covered by operating cash flow (15.3%).
Interest Coverage: WSP's interest payments on its debt are well covered by EBIT (4.3x coverage).