World Fitness Services Balance Sheet Health
Financial Health criteria checks 2/6
World Fitness Services has a total shareholder equity of NT$2.3B and total debt of NT$760.0M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are NT$16.9B and NT$14.5B respectively. World Fitness Services's EBIT is NT$511.2M making its interest coverage ratio 2.6. It has cash and short-term investments of NT$424.1M.
Key information
32.6%
Debt to equity ratio
NT$760.00m
Debt
Interest coverage ratio | 2.6x |
Cash | NT$424.12m |
Equity | NT$2.33b |
Total liabilities | NT$14.55b |
Total assets | NT$16.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2762's short term assets (NT$1.4B) do not cover its short term liabilities (NT$5.3B).
Long Term Liabilities: 2762's short term assets (NT$1.4B) do not cover its long term liabilities (NT$9.3B).
Debt to Equity History and Analysis
Debt Level: 2762's net debt to equity ratio (14.4%) is considered satisfactory.
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 (313.6%).
Interest Coverage: 2762's interest payments on its debt are not well covered by EBIT (2.6x coverage).