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Welbilt Balance Sheet Health
Financial Health criteria checks 3/6
Key information
395.0%
Debt to equity ratio
US$1.46b
Debt
| Interest coverage ratio | 3x |
| Cash | US$108.30m |
| Equity | US$369.20m |
| Total liabilities | US$1.97b |
| Total assets | US$2.34b |
Recent financial health updates
Here's Why Welbilt (NYSE:WBT) Is Weighed Down By Its Debt Load
Jul 13
Welbilt (NYSE:WBT) Seems To Be Using A Lot Of Debt
Jan 29Recent updates
Turtle Creek - Welbilt Inc: The Middleby Acquistion Story
May 12Here's Why Welbilt (NYSE:WBT) Is Weighed Down By Its Debt Load
Jul 13Middleby upgraded to buy at Citi with 'deal or no deal' for Welbilt
Jun 07Welbilt gains on reported rival higher bid from Italy's Ali Group
May 28Welbilt EPS beats by $0.05, beats on revenue
May 06Welbilt to distribute powerful blast chiller in North America from Nuovair and a new portable air purifier AeroTherm powered by Trotec
May 03How Much Are Welbilt, Inc. (NYSE:WBT) Insiders Spending On Buying Shares?
Feb 24Welbilt (NYSE:WBT) Seems To Be Using A Lot Of Debt
Jan 29A Look At Welbilt's (NYSE:WBT) Share Price Returns
Jan 08
Could The Welbilt, Inc. (NYSE:WBT) Ownership Structure Tell Us Something Useful?
Dec 18Welbilt, HCL Technologies join hands to develop KitchenConnect digital platform
Dec 16Returns On Capital At Welbilt (NYSE:WBT) Paint A Concerning Picture
Nov 27Welbilt EPS beats by $0.08, beats on revenue
Nov 03Financial Position Analysis
Short Term Liabilities: WBT's short term assets ($1.2B) exceed its short term liabilities ($379.2M).
Long Term Liabilities: WBT's short term assets ($1.2B) do not cover its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: WBT's net debt to equity ratio (365.7%) is considered high.
Reducing Debt: WBT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: WBT's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: WBT's interest payments on its debt are well covered by EBIT (3x coverage).