Wegmans Holdings Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Wegmans Holdings Berhad has a total shareholder equity of MYR129.7M and total debt of MYR40.2M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are MYR188.9M and MYR59.2M respectively. Wegmans Holdings Berhad's EBIT is MYR9.1M making its interest coverage ratio 4.6. It has cash and short-term investments of MYR19.9M.
Key information
31.0%
Debt to equity ratio
RM40.21m
Debt
| Interest coverage ratio | 4.6x |
| Cash | RM19.86m |
| Equity | RM129.75m |
| Total liabilities | RM59.19m |
| Total assets | RM188.94m |
Recent financial health updates
Wegmans Holdings Berhad (KLSE:WEGMANS) Takes On Some Risk With Its Use Of Debt
Mar 22
Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
Aug 03Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
May 10Is Wegmans Holdings Berhad (KLSE:WEGMANS) Using Too Much Debt?
Dec 22These 4 Measures Indicate That Wegmans Holdings Berhad (KLSE:WEGMANS) Is Using Debt Reasonably Well
Jul 23Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
Mar 18Recent updates
Wegmans Holdings Berhad (KLSE:WEGMANS) Takes On Some Risk With Its Use Of Debt
Mar 22Is Wegmans Holdings Berhad (KLSE:WEGMANS) Potentially Undervalued?
Sep 27Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
Aug 03Bearish: This Analyst Is Revising Their Wegmans Holdings Berhad (KLSE:WEGMANS) Revenue and EPS Prognostications
May 28Is There Now An Opportunity In Wegmans Holdings Berhad (KLSE:WEGMANS)?
Aug 01Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
May 10Is Wegmans Holdings Berhad (KLSE:WEGMANS) Using Too Much Debt?
Dec 22When Should You Buy Wegmans Holdings Berhad (KLSE:WEGMANS)?
Aug 16These 4 Measures Indicate That Wegmans Holdings Berhad (KLSE:WEGMANS) Is Using Debt Reasonably Well
Jul 23What Is Wegmans Holdings Berhad's (KLSE:WEGMANS) Share Price Doing?
May 18Wegmans Holdings Berhad (KLSE:WEGMANS) Will Will Want To Turn Around Its Return Trends
Apr 08Does Wegmans Holdings Berhad (KLSE:WEGMANS) Have A Healthy Balance Sheet?
Mar 18Is The Market Rewarding Wegmans Holdings Berhad (KLSE:WEGMANS) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Feb 26Why Wegmans Holdings Berhad (KLSE:WEGMANS) Could Be Worth Watching
Feb 04
Will Wegmans Holdings Berhad (KLSE:WEGMANS) Multiply In Value Going Forward?
Jan 07Is Wegmans Holdings Berhad (KLSE:WEGMANS) A Risky Investment?
Dec 18Wegmans Holdings Berhad (KLSE:WEGMANS) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Nov 26Financial Position Analysis
Short Term Liabilities: WEGMANS's short term assets (MYR72.6M) exceed its short term liabilities (MYR27.9M).
Long Term Liabilities: WEGMANS's short term assets (MYR72.6M) exceed its long term liabilities (MYR31.3M).
Debt to Equity History and Analysis
Debt Level: WEGMANS's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: WEGMANS's debt to equity ratio has reduced from 33.8% to 31% over the past 5 years.
Debt Coverage: WEGMANS's debt is well covered by operating cash flow (49.5%).
Interest Coverage: WEGMANS's interest payments on its debt are well covered by EBIT (4.6x coverage).