WANG & LEE GROUP Balance Sheet Health
Financial Health criteria checks 4/6
WANG & LEE GROUP has a total shareholder equity of $6.0M and total debt of $1.7M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are $11.8M and $5.8M respectively.
Key information
28.3%
Debt to equity ratio
US$1.70m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.21m |
| Equity | US$6.01m |
| Total liabilities | US$5.78m |
| Total assets | US$11.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WLGS's short term assets ($11.3M) exceed its short term liabilities ($5.1M).
Long Term Liabilities: WLGS's short term assets ($11.3M) exceed its long term liabilities ($677.2K).
Debt to Equity History and Analysis
Debt Level: WLGS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WLGS's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: WLGS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WLGS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 106.5% each year