TheWorks.co.uk plc

AIM:WRKS Stock Report

Market Cap: UK£12.2m

TheWorks.co.uk Balance Sheet Health

Financial Health criteria checks 4/6

TheWorks.co.uk has a total shareholder equity of £10.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £118.8M and £108.7M respectively. TheWorks.co.uk's EBIT is £10.0M making its interest coverage ratio 2.2. It has cash and short-term investments of £1.6M.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ratio2.2x
CashUK£1.62m
EquityUK£10.09m
Total liabilitiesUK£108.73m
Total assetsUK£118.82m

Recent financial health updates

Does TheWorks.co.uk (LON:WRKS) Have A Healthy Balance Sheet?

Mar 30
Does TheWorks.co.uk (LON:WRKS) Have A Healthy Balance Sheet?

Is TheWorks.co.uk (LON:WRKS) Using Too Much Debt?

Sep 10
Is TheWorks.co.uk (LON:WRKS) Using Too Much Debt?

Recent updates

TheWorks.co.uk (LON:WRKS) Could Become A Multi-Bagger

Sep 03
TheWorks.co.uk (LON:WRKS) Could Become A Multi-Bagger

Is Now The Time To Look At Buying TheWorks.co.uk plc (LON:WRKS)?

Jan 19
Is Now The Time To Look At Buying TheWorks.co.uk plc (LON:WRKS)?

TheWorks.co.uk (LON:WRKS) Has Some Way To Go To Become A Multi-Bagger

Nov 10
TheWorks.co.uk (LON:WRKS) Has Some Way To Go To Become A Multi-Bagger

TheWorks.co.uk plc (LON:WRKS) Stock Rockets 34% But Many Are Still Ignoring The Company

Oct 05
TheWorks.co.uk plc (LON:WRKS) Stock Rockets 34% But Many Are Still Ignoring The Company

Results: TheWorks.co.uk plc Beat Earnings Expectations And Analysts Now Have New Forecasts

Sep 02
Results: TheWorks.co.uk plc Beat Earnings Expectations And Analysts Now Have New Forecasts

What Is TheWorks.co.uk plc's (LON:WRKS) Share Price Doing?

Jul 14
What Is TheWorks.co.uk plc's (LON:WRKS) Share Price Doing?

TheWorks.co.uk (LON:WRKS) Could Be Struggling To Allocate Capital

May 19
TheWorks.co.uk (LON:WRKS) Could Be Struggling To Allocate Capital

Does TheWorks.co.uk (LON:WRKS) Have A Healthy Balance Sheet?

Mar 30
Does TheWorks.co.uk (LON:WRKS) Have A Healthy Balance Sheet?

Returns On Capital Signal Tricky Times Ahead For TheWorks.co.uk (LON:WRKS)

Jan 07
Returns On Capital Signal Tricky Times Ahead For TheWorks.co.uk (LON:WRKS)

Is It Too Late To Consider Buying TheWorks.co.uk plc (LON:WRKS)?

Nov 02
Is It Too Late To Consider Buying TheWorks.co.uk plc (LON:WRKS)?

Need To Know: Analysts Are Much More Bullish On TheWorks.co.uk plc (LON:WRKS)

Jan 23
Need To Know: Analysts Are Much More Bullish On TheWorks.co.uk plc (LON:WRKS)

TheWorks.co.uk plc's (LON:WRKS) Intrinsic Value Is Potentially 18% Below Its Share Price

Nov 16
TheWorks.co.uk plc's (LON:WRKS) Intrinsic Value Is Potentially 18% Below Its Share Price

Is TheWorks.co.uk (LON:WRKS) Using Too Much Debt?

Sep 10
Is TheWorks.co.uk (LON:WRKS) Using Too Much Debt?

Have Insiders Been Buying TheWorks.co.uk plc (LON:WRKS) Shares This Year?

Feb 05
Have Insiders Been Buying TheWorks.co.uk plc (LON:WRKS) Shares This Year?

Financial Position Analysis

Short Term Liabilities: WRKS's short term assets (£42.9M) do not cover its short term liabilities (£50.4M).

Long Term Liabilities: WRKS's short term assets (£42.9M) do not cover its long term liabilities (£58.3M).

Debt to Equity History and Analysis

Debt Level: WRKS is debt free.

Reducing Debt: WRKS has no debt compared to 5 years ago when its debt to equity ratio was 3%.

Debt Coverage: WRKS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WRKS has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/18 17:05
End of Day Share Price 2024/12/18 00:00
Earnings2024/05/05
Annual Earnings2024/05/05

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

TheWorks.co.uk plc is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kate CalvertInvestec Bank plc (UK)
Jonathan PritchardPeel Hunt LLP