Wigton Energy Balance Sheet Health
Financial Health criteria checks 6/6
Wigton Energy has a total shareholder equity of JMD5.4B and total debt of JMD3.5B, which brings its debt-to-equity ratio to 63.9%. Its total assets and total liabilities are JMD10.3B and JMD4.9B respectively. Wigton Energy's EBIT is JMD800.4M making its interest coverage ratio 5. It has cash and short-term investments of JMD3.1B.
Key information
63.9%
Debt to equity ratio
JA$3.46b
Debt
| Interest coverage ratio | 5x |
| Cash | JA$3.10b |
| Equity | JA$5.41b |
| Total liabilities | JA$4.87b |
| Total assets | JA$10.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIG's short term assets (JMD4.6B) exceed its short term liabilities (JMD1.1B).
Long Term Liabilities: WIG's short term assets (JMD4.6B) exceed its long term liabilities (JMD3.8B).
Debt to Equity History and Analysis
Debt Level: WIG's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: WIG's debt to equity ratio has reduced from 182.8% to 63.9% over the past 5 years.
Debt Coverage: WIG's debt is well covered by operating cash flow (25.3%).
Interest Coverage: WIG's interest payments on its debt are well covered by EBIT (5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 00:54 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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 * |
|---|---|---|---|
| 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
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Analyst Sources
Wigton Energy Limited is covered by 0 analysts. 0 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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