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 ratio3.5x
Cash€3.24m
Equity€5.89m
Total liabilities€16.62m
Total assets€22.51m

Recent financial health updates

Recent updates

Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt

Nov 13
Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt

Websolute S.p.A. (BIT:WBS) Soars 29% But It's A Story Of Risk Vs Reward

Sep 17
Websolute S.p.A. (BIT:WBS) Soars 29% But It's A Story Of Risk Vs Reward

There Are Reasons To Feel Uneasy About Websolute's (BIT:WBS) Returns On Capital

Sep 14
There Are Reasons To Feel Uneasy About Websolute's (BIT:WBS) Returns On Capital

Websolute S.p.A. (BIT:WBS) Could Be Riskier Than It Looks

Jul 05
Websolute S.p.A. (BIT:WBS) Could Be Riskier Than It Looks

Websolute's (BIT:WBS) Returns On Capital Not Reflecting Well On The Business

Mar 26
Websolute's (BIT:WBS) Returns On Capital Not Reflecting Well On The Business

Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt

Nov 09
Websolute (BIT:WBS) Takes On Some Risk With Its Use Of Debt

Websolute's (BIT:WEB) Returns On Capital Not Reflecting Well On The Business

Dec 13
Websolute's (BIT:WEB) Returns On Capital Not Reflecting Well On The Business

Websolute's (BIT:WEB) Robust Earnings Are Supported By Other Strong Factors

Mar 25
Websolute's (BIT:WEB) Robust Earnings Are Supported By Other Strong Factors

Websolute (BIT:WEB) Might Be Having Difficulty Using Its Capital Effectively

Mar 15
Websolute (BIT:WEB) Might Be Having Difficulty Using Its Capital Effectively

Here's Why Websolute (BIT:WEB) Can Manage Its Debt Responsibly

Nov 18
Here's Why Websolute (BIT:WEB) Can Manage Its Debt Responsibly

Returns On Capital Signal Tricky Times Ahead For Websolute (BIT:WEB)

Sep 29
Returns On Capital Signal Tricky Times Ahead For Websolute (BIT:WEB)

Capital Allocation Trends At Websolute (BIT:WEB) Aren't Ideal

Jun 10
Capital Allocation Trends At Websolute (BIT:WEB) Aren't Ideal

Websolute (BIT:WEB) Has A Somewhat Strained Balance Sheet

May 12
Websolute (BIT:WEB) Has A Somewhat Strained Balance Sheet

Are Dividend Investors Making A Mistake With Websolute S.p.A. (BIT:WEB)?

Mar 15
Are Dividend Investors Making A Mistake With Websolute S.p.A. (BIT:WEB)?

Is Websolute (BIT:WEB) Likely To Turn Things Around?

Jan 21
Is Websolute (BIT:WEB) Likely To Turn Things Around?

Is Websolute (BIT:WEB) A Risky Investment?

Nov 24
Is Websolute (BIT:WEB) A Risky Investment?

Financial 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

DataLast Updated (UTC time)
Company Analysis2024/12/22 02:29
End of Day Share Price 2024/12/20 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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.

AnalystInstitution
Mattia PetraccaIntegrae SPA