Wesure Global Tech Balance Sheet Health
Financial Health criteria checks 3/6
Wesure Global Tech has a total shareholder equity of ₪686.3M and total debt of ₪891.5M, which brings its debt-to-equity ratio to 129.9%. Its total assets and total liabilities are ₪18.4B and ₪17.7B respectively. Wesure Global Tech's EBIT is ₪308.5M making its interest coverage ratio 4.5. It has cash and short-term investments of ₪5.6B.
Key information
129.9%
Debt to equity ratio
₪891.45m
Debt
| Interest coverage ratio | 4.5x |
| Cash | ₪5.58b |
| Equity | ₪686.31m |
| Total liabilities | ₪17.72b |
| Total assets | ₪18.41b |
Recent financial health updates
No updates
Recent updates
The Market Lifts Wesure Global Tech Ltd (TLV:WESR) Shares 34% But It Can Do More
Nov 20
Take Care Before Jumping Onto Wesure Global Tech Ltd (TLV:WESR) Even Though It's 31% Cheaper
Jun 29Wesure Global Tech Ltd's (TLV:WESR) Shares Not Telling The Full Story
Apr 01Some Confidence Is Lacking In Wesure Global Tech Ltd's (TLV:WESR) P/E
May 17Financial Position Analysis
Short Term Liabilities: WESR's short term assets (₪11.3B) exceed its short term liabilities (₪80.2M).
Long Term Liabilities: WESR's short term assets (₪11.3B) do not cover its long term liabilities (₪17.6B).
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 19% to 129.9% over the past 5 years.
Debt Coverage: WESR's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: WESR's interest payments on its debt are well covered by EBIT (4.5x coverage).