Websolute Balance Sheet Health

Financial Health criteria checks 4/6

Websolute has a total shareholder equity of €5.3M and total debt of €5.5M, which brings its debt-to-equity ratio to 103.8%. Its total assets and total liabilities are €18.7M and €13.4M respectively. Websolute's EBIT is €152.8K making its interest coverage ratio 1. It has cash and short-term investments of €3.1M.

Key information

103.8%

Debt to equity ratio

€5.54m

Debt

Interest coverage ratio1x
Cash€3.09m
Equity€5.33m
Total liabilities€13.37m
Total assets€18.70m

Recent financial health updates

Recent updates

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 (€10.4M) exceed its short term liabilities (€6.4M).

Long Term Liabilities: WBS's short term assets (€10.4M) exceed its long term liabilities (€7.0M).


Debt to Equity History and Analysis

Debt Level: WBS's net debt to equity ratio (45.8%) is considered high.

Reducing Debt: WBS's debt to equity ratio has reduced from 205% to 103.8% over the past 5 years.

Debt Coverage: WBS's debt is well covered by operating cash flow (20.1%).

Interest Coverage: WBS's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


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