European Wax Center Balance Sheet Health
Financial Health criteria checks 1/6
European Wax Center has a total shareholder equity of $116.6M and total debt of $376.0M, which brings its debt-to-equity ratio to 322.4%. Its total assets and total liabilities are $735.7M and $619.1M respectively. European Wax Center's EBIT is $44.9M making its interest coverage ratio 1.7. It has cash and short-term investments of $52.7M.
Key information
322.4%
Debt to equity ratio
US$376.00m
Debt
| Interest coverage ratio | 1.7x |
| Cash | US$52.74m |
| Equity | US$116.61m |
| Total liabilities | US$619.11m |
| Total assets | US$735.73m |
Recent financial health updates
Recent updates
European Wax Center: Hunted By Laser Competitors
Apr 27We Think European Wax Center (NASDAQ:EWCZ) Is Taking Some Risk With Its Debt
Apr 17
The Strong Earnings Posted By European Wax Center (NASDAQ:EWCZ) Are A Good Indication Of The Strength Of The Business
Mar 13Why European Wax Center, Inc. (NASDAQ:EWCZ) Could Be Worth Watching
Feb 27European Wax Center, Inc. (NASDAQ:EWCZ) Shares Could Be 25% Below Their Intrinsic Value Estimate
Feb 09What European Wax Center, Inc.'s (NASDAQ:EWCZ) P/S Is Not Telling You
Dec 05We Ran A Stock Scan For Earnings Growth And European Wax Center (NASDAQ:EWCZ) Passed With Ease
Nov 03European Wax Center (NASDAQ:EWCZ) Is Experiencing Growth In Returns On Capital
Sep 16We Like These Underlying Return On Capital Trends At European Wax Center (NASDAQ:EWCZ)
Jun 10Analysts Have Made A Financial Statement On European Wax Center, Inc.'s (NASDAQ:EWCZ) First-Quarter Report
May 13Are Investors Undervaluing European Wax Center, Inc. (NASDAQ:EWCZ) By 30%?
Mar 10Investors Will Want European Wax Center's (NASDAQ:EWCZ) Growth In ROCE To Persist
Feb 02European Wax Center, Inc. (NASDAQ:EWCZ) Shares Could Be 29% Above Their Intrinsic Value Estimate
Oct 08European Wax Center Grows But Customer Visit Cadence Slows
Sep 30European Wax Center partners with Tweezerman
Sep 14We Think European Wax Center's (NASDAQ:EWCZ) Robust Earnings Are Conservative
Aug 12Returns At European Wax Center (NASDAQ:EWCZ) Are On The Way Up
Aug 06European Wax Center reports Q2 results
Aug 04European Wax Center: Wax Your Portfolio For Smooth Returns
Jul 26Is There An Opportunity With European Wax Center, Inc.'s (NASDAQ:EWCZ) 41% Undervaluation?
Feb 23European Wax Center: Flexing Its Muscles
Aug 07Financial Position Analysis
Short Term Liabilities: EWCZ's short term assets ($95.5M) exceed its short term liabilities ($37.8M).
Long Term Liabilities: EWCZ's short term assets ($95.5M) do not cover its long term liabilities ($581.3M).
Debt to Equity History and Analysis
Debt Level: EWCZ's net debt to equity ratio (277.2%) is considered high.
Reducing Debt: Insufficient data to determine if EWCZ's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: EWCZ's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: EWCZ's interest payments on its debt are not well covered by EBIT (1.7x coverage).