George Weston Balance Sheet Health
Financial Health criteria checks 3/6
George Weston has a total shareholder equity of CA$13.5B and total debt of CA$15.9B, which brings its debt-to-equity ratio to 117.8%. Its total assets and total liabilities are CA$49.8B and CA$36.3B respectively. George Weston's EBIT is CA$4.4B making its interest coverage ratio 4. It has cash and short-term investments of CA$2.9B.
Key information
117.8%
Debt to equity ratio
CA$15.86b
Debt
| Interest coverage ratio | 4x |
| Cash | CA$2.92b |
| Equity | CA$13.46b |
| Total liabilities | CA$36.31b |
| Total assets | CA$49.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WNGP.F's short term assets (CA$14.9B) exceed its short term liabilities (CA$12.1B).
Long Term Liabilities: WNGP.F's short term assets (CA$14.9B) do not cover its long term liabilities (CA$24.2B).
Debt to Equity History and Analysis
Debt Level: WNGP.F's net debt to equity ratio (96.1%) is considered high.
Reducing Debt: WNGP.F's debt to equity ratio has increased from 115.6% to 117.8% over the past 5 years.
Debt Coverage: WNGP.F's debt is well covered by operating cash flow (36.9%).
Interest Coverage: WNGP.F's interest payments on its debt are well covered by EBIT (4x coverage).