Williamson Tea Kenya Balance Sheet Health
Financial Health criteria checks 5/6
Williamson Tea Kenya has a total shareholder equity of KES6.5B and total debt of KES195.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are KES8.6B and KES2.1B respectively. Williamson Tea Kenya's EBIT is KES626.5M making its interest coverage ratio -4.6. It has cash and short-term investments of KES1.0B.
Key information
3.0%
Debt to equity ratio
KSh195.47m
Debt
| Interest coverage ratio | -4.6x |
| Cash | KSh1.02b |
| Equity | KSh6.46b |
| Total liabilities | KSh2.15b |
| Total assets | KSh8.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTK's short term assets (KES2.8B) exceed its short term liabilities (KES698.9M).
Long Term Liabilities: WTK's short term assets (KES2.8B) exceed its long term liabilities (KES1.4B).
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 1% to 3% over the past 5 years.
Debt Coverage: WTK's debt is well covered by operating cash flow (479.8%).
Interest Coverage: WTK earns more interest than it pays, so coverage of interest payments is not a concern.