Websolute Balance Sheet Health
Financial Health criteria checks 5/6
Websolute has a total shareholder equity of €5.9M and total debt of €7.5M, which brings its debt-to-equity ratio to 128.3%. Its total assets and total liabilities are €22.5M and €16.6M respectively. Websolute's EBIT is €866.3K making its interest coverage ratio 3.5. It has cash and short-term investments of €3.2M.
Key information
128.3%
Debt to equity ratio
€7.55m
Debt
Interest coverage ratio | 3.5x |
Cash | €3.24m |
Equity | €5.89m |
Total liabilities | €16.62m |
Total assets | €22.51m |
Recent financial health updates
Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt
Nov 13Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt
Nov 09Here's Why Websolute (BIT:WEB) Can Manage Its Debt Responsibly
Nov 18Websolute (BIT:WEB) Has A Somewhat Strained Balance Sheet
May 12Is Websolute (BIT:WEB) A Risky Investment?
Nov 24Recent updates
Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt
Nov 13Websolute S.p.A. (BIT:WBS) Soars 29% But It's A Story Of Risk Vs Reward
Sep 17There Are Reasons To Feel Uneasy About Websolute's (BIT:WBS) Returns On Capital
Sep 14Websolute S.p.A. (BIT:WBS) Could Be Riskier Than It Looks
Jul 05Websolute's (BIT:WBS) Returns On Capital Not Reflecting Well On The Business
Mar 26Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt
Nov 09Websolute's (BIT:WEB) Returns On Capital Not Reflecting Well On The Business
Dec 13Websolute's (BIT:WEB) Robust Earnings Are Supported By Other Strong Factors
Mar 25Websolute (BIT:WEB) Might Be Having Difficulty Using Its Capital Effectively
Mar 15Here's Why Websolute (BIT:WEB) Can Manage Its Debt Responsibly
Nov 18Returns On Capital Signal Tricky Times Ahead For Websolute (BIT:WEB)
Sep 29Capital Allocation Trends At Websolute (BIT:WEB) Aren't Ideal
Jun 10Websolute (BIT:WEB) Has A Somewhat Strained Balance Sheet
May 12Are Dividend Investors Making A Mistake With Websolute S.p.A. (BIT:WEB)?
Mar 15Is Websolute (BIT:WEB) Likely To Turn Things Around?
Jan 21Is Websolute (BIT:WEB) A Risky Investment?
Nov 24Financial Position Analysis
Short Term Liabilities: WBS's short term assets (€11.5M) exceed its short term liabilities (€6.9M).
Long Term Liabilities: WBS's short term assets (€11.5M) exceed its long term liabilities (€9.7M).
Debt to Equity History and Analysis
Debt Level: WBS's net debt to equity ratio (73.1%) is considered high.
Reducing Debt: WBS's debt to equity ratio has reduced from 263.9% to 128.3% over the past 5 years.
Debt Coverage: WBS's debt is well covered by operating cash flow (32.5%).
Interest Coverage: WBS's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/22 02:29 |
End of Day Share Price | 2024/12/20 00:00 |
Earnings | 2024/06/30 |
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 * |
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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
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Websolute S.p.A. is covered by 1 analysts. 1 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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Mattia Petracca | Integrae SPA |