WLS Holdings Balance Sheet Health
Financial Health criteria checks 5/6
WLS Holdings has a total shareholder equity of HK$383.9M and total debt of HK$144.7M, which brings its debt-to-equity ratio to 37.7%. Its total assets and total liabilities are HK$578.0M and HK$194.0M respectively. WLS Holdings's EBIT is HK$30.5M making its interest coverage ratio 4.6. It has cash and short-term investments of HK$64.0M.
Key information
37.7%
Debt to equity ratio
HK$144.71m
Debt
| Interest coverage ratio | 4.6x |
| Cash | HK$64.05m |
| Equity | HK$383.93m |
| Total liabilities | HK$194.04m |
| Total assets | HK$577.97m |
Recent financial health updates
These 4 Measures Indicate That WLS Holdings (HKG:8021) Is Using Debt Reasonably Well
Mar 01
Here's Why WLS Holdings (HKG:8021) Can Manage Its Debt Responsibly
Dec 21Does WLS Holdings (HKG:8021) Have A Healthy Balance Sheet?
Feb 22Recent updates
These 4 Measures Indicate That WLS Holdings (HKG:8021) Is Using Debt Reasonably Well
Mar 01We Like These Underlying Return On Capital Trends At WLS Holdings (HKG:8021)
Dec 08WLS Holdings Limited's (HKG:8021) 29% Share Price Plunge Could Signal Some Risk
Sep 07WLS Holdings (HKG:8021) Is Doing The Right Things To Multiply Its Share Price
Feb 03WLS Holdings (HKG:8021) Shareholders Will Want The ROCE Trajectory To Continue
Sep 03WLS Holdings (HKG:8021) Might Have The Makings Of A Multi-Bagger
Mar 16Here's Why WLS Holdings (HKG:8021) Can Manage Its Debt Responsibly
Dec 21WLS Holdings (HKG:8021) Is Posting Healthy Earnings, But It Is Not All Good News
Dec 21Here's Why Shareholders May Consider Paying WLS Holdings Limited's (HKG:8021) CEO A Little More
Oct 15WLS Holdings (HKG:8021) Is Doing The Right Things To Multiply Its Share Price
Sep 15WLS Holdings (HKG:8021) Might Have The Makings Of A Multi-Bagger
May 25Does WLS Holdings (HKG:8021) Have A Healthy Balance Sheet?
Feb 22Is There More Growth In Store For WLS Holdings' (HKG:8021) Returns On Capital?
Jan 19
How Much is WLS Holdings' (HKG:8021) CEO Getting Paid?
Dec 15Financial Position Analysis
Short Term Liabilities: 8021's short term assets (HK$565.6M) exceed its short term liabilities (HK$192.8M).
Long Term Liabilities: 8021's short term assets (HK$565.6M) exceed its long term liabilities (HK$1.2M).
Debt to Equity History and Analysis
Debt Level: 8021's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: 8021's debt to equity ratio has increased from 21.5% to 37.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 8021 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8021 has sufficient cash runway for 1.5 years if free cash flow continues to grow at historical rates of 18.2% each year.