Wavestone Balance Sheet Health
Financial Health criteria checks 6/6
Wavestone has a total shareholder equity of €571.4M and total debt of €58.2M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €977.7M and €406.3M respectively. Wavestone's EBIT is €105.6M making its interest coverage ratio 37.8. It has cash and short-term investments of €77.5M.
Key information
10.2%
Debt to equity ratio
€58.21m
Debt
| Interest coverage ratio | 37.8x |
| Cash | €77.48m |
| Equity | €571.39m |
| Total liabilities | €406.35m |
| Total assets | €977.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0G1T's short term assets (€344.0M) exceed its short term liabilities (€285.6M).
Long Term Liabilities: 0G1T's short term assets (€344.0M) exceed its long term liabilities (€120.8M).
Debt to Equity History and Analysis
Debt Level: 0G1T has more cash than its total debt.
Reducing Debt: 0G1T's debt to equity ratio has reduced from 58.5% to 10.2% over the past 5 years.
Debt Coverage: 0G1T's debt is well covered by operating cash flow (142.7%).
Interest Coverage: 0G1T's interest payments on its debt are well covered by EBIT (37.8x coverage).