Wellex Industries Balance Sheet Health
Financial Health criteria checks 3/6
Wellex Industries has a total shareholder equity of ₱1.2B and total debt of ₱397.5M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are ₱1.6B and ₱414.6M respectively.
Key information
33.0%
Debt to equity ratio
₱397.53m
Debt
Interest coverage ratio | n/a |
Cash | ₱6.39m |
Equity | ₱1.20b |
Total liabilities | ₱414.56m |
Total assets | ₱1.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WIN's short term assets (₱52.4M) exceed its short term liabilities (₱16.1M).
Long Term Liabilities: WIN's short term assets (₱52.4M) do not cover its long term liabilities (₱398.4M).
Debt to Equity History and Analysis
Debt Level: WIN's net debt to equity ratio (32.5%) is considered satisfactory.
Reducing Debt: WIN's debt to equity ratio has reduced from 39.2% to 33% over the past 5 years.
Debt Coverage: WIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WIN's interest payments on its debt are well covered by EBIT.