World Fitness Services Ltd.

TWSE:2762 Stock Report

Market Cap: NT$10.5b

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 ratio3.1x
CashNT$994.94m
EquityNT$3.40b
Total liabilitiesNT$14.01b
Total assetsNT$17.41b

Recent financial health updates

Recent updates

World Fitness Services' (TWSE:2762) Earnings May Just Be The Starting Point

Nov 21
World Fitness Services' (TWSE:2762) Earnings May Just Be The Starting Point

Is World Fitness Services (TWSE:2762) A Risky Investment?

Aug 28
Is World Fitness Services (TWSE:2762) A Risky Investment?

Shareholders Will Be Pleased With The Quality of World Fitness Services' (TWSE:2762) Earnings

May 21
Shareholders Will Be Pleased With The Quality of World Fitness Services' (TWSE:2762) Earnings

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).


Balance Sheet


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