World Fitness Services Balance Sheet Health
Financial Health criteria checks 3/6
World Fitness Services has a total shareholder equity of NT$3.4B and total debt of NT$564.9M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are NT$17.4B and NT$14.0B respectively. World Fitness Services's EBIT is NT$558.4M making its interest coverage ratio 3.1. It has cash and short-term investments of NT$994.9M.
Key information
16.6%
Debt to equity ratio
NT$564.90m
Debt
| Interest coverage ratio | 3.1x |
| Cash | NT$994.94m |
| Equity | NT$3.40b |
| Total liabilities | NT$14.01b |
| Total assets | NT$17.41b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 2762's short term assets (NT$1.9B) do not cover its short term liabilities (NT$4.9B).
Long Term Liabilities: 2762's short term assets (NT$1.9B) do not cover its long term liabilities (NT$9.1B).
Debt to Equity History and Analysis
Debt Level: 2762 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2762's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2762's debt is well covered by operating cash flow (424.5%).
Interest Coverage: 2762's interest payments on its debt are well covered by EBIT (3.1x coverage).