Williamson Tea Kenya Balance Sheet Health
Financial Health criteria checks 5/6
Williamson Tea Kenya has a total shareholder equity of KES6.8B and total debt of KES152.0M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are KES9.0B and KES2.2B respectively. Williamson Tea Kenya's EBIT is KES327.3M making its interest coverage ratio -7.1. It has cash and short-term investments of KES716.3M.
Key information
2.2%
Debt to equity ratio
KSh151.96m
Debt
| Interest coverage ratio | -7.1x |
| Cash | KSh716.28m |
| Equity | KSh6.81b |
| Total liabilities | KSh2.22b |
| Total assets | KSh9.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTK's short term assets (KES2.5B) exceed its short term liabilities (KES769.5M).
Long Term Liabilities: WTK's short term assets (KES2.5B) exceed its long term liabilities (KES1.5B).
Debt to Equity History and Analysis
Debt Level: WTK has more cash than its total debt.
Reducing Debt: WTK's debt to equity ratio has increased from 0.6% to 2.2% over the past 5 years.
Debt Coverage: WTK's debt is well covered by operating cash flow (204%).
Interest Coverage: WTK earns more interest than it pays, so coverage of interest payments is not a concern.