Wesure Global Tech Balance Sheet Health
Financial Health criteria checks 3/6
Wesure Global Tech has a total shareholder equity of ₪603.6M and total debt of ₪868.1M, which brings its debt-to-equity ratio to 143.8%. Its total assets and total liabilities are ₪17.6B and ₪17.0B respectively. Wesure Global Tech's EBIT is ₪170.8M making its interest coverage ratio 2.6. It has cash and short-term investments of ₪5.2B.
Key information
143.8%
Debt to equity ratio
₪868.14m
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₪5.23b |
| Equity | ₪603.56m |
| Total liabilities | ₪17.04b |
| Total assets | ₪17.65b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WESR's short term assets (₪10.8B) exceed its short term liabilities (₪7.0B).
Long Term Liabilities: WESR's short term assets (₪10.8B) exceed its long term liabilities (₪10.1B).
Debt to Equity History and Analysis
Debt Level: WESR has more cash than its total debt.
Reducing Debt: WESR's debt to equity ratio has increased from 6.3% to 143.8% over the past 5 years.
Debt Coverage: WESR's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WESR's interest payments on its debt are not well covered by EBIT (2.6x coverage).