Weng Fine Art Balance Sheet Health
Financial Health criteria checks 3/6
Weng Fine Art has a total shareholder equity of €19.9M and total debt of €18.9M, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are €39.5M and €19.6M respectively. Weng Fine Art's EBIT is €657.4K making its interest coverage ratio 1.1. It has cash and short-term investments of €397.3K.
Key information
94.9%
Debt to equity ratio
€18.89m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €397.26k |
| Equity | €19.91m |
| Total liabilities | €19.62m |
| Total assets | €39.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AB1's short term assets (€30.7M) exceed its short term liabilities (€13.9M).
Long Term Liabilities: 0AB1's short term assets (€30.7M) exceed its long term liabilities (€5.8M).
Debt to Equity History and Analysis
Debt Level: 0AB1's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: 0AB1's debt to equity ratio has reduced from 153.4% to 94.9% over the past 5 years.
Debt Coverage: 0AB1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0AB1's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 17:56 |
| End of Day Share Price | 2024/12/13 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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Industry and Sector Metrics
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Analyst Sources
Weng Fine Art AG is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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