European Wax Center Balance Sheet Health
Financial Health criteria checks 1/6
European Wax Center has a total shareholder equity of $97.9M and total debt of $376.9M, which brings its debt-to-equity ratio to 385%. Its total assets and total liabilities are $708.0M and $610.1M respectively. European Wax Center's EBIT is $48.7M making its interest coverage ratio 1.9. It has cash and short-term investments of $48.0M.
Key information
385.0%
Debt to equity ratio
US$376.91m
Debt
| Interest coverage ratio | 1.9x |
| Cash | US$48.02m |
| Equity | US$97.90m |
| Total liabilities | US$610.07m |
| Total assets | US$707.97m |
Recent financial health updates
Recent updates
Why Investors Shouldn't Be Surprised By European Wax Center, Inc.'s (NASDAQ:EWCZ) 27% Share Price Surge
Nov 12
Is European Wax Center, Inc. (NASDAQ:EWCZ) Potentially Undervalued?
Nov 08What You Can Learn From European Wax Center, Inc.'s (NASDAQ:EWCZ) P/E After Its 25% Share Price Crash
Aug 08An Intrinsic Calculation For European Wax Center, Inc. (NASDAQ:EWCZ) Suggests It's 48% Undervalued
Aug 07We Like These Underlying Return On Capital Trends At European Wax Center (NASDAQ:EWCZ)
Jul 21European Wax Center: Hunted By Laser Competitors
Apr 27We Think European Wax Center (NASDAQ:EWCZ) Is Taking Some Risk With Its Debt
Apr 17The 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 26Financial Position Analysis
Short Term Liabilities: EWCZ's short term assets ($87.5M) exceed its short term liabilities ($27.6M).
Long Term Liabilities: EWCZ's short term assets ($87.5M) do not cover its long term liabilities ($582.5M).
Debt to Equity History and Analysis
Debt Level: EWCZ's net debt to equity ratio (336%) 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 (15%).
Interest Coverage: EWCZ's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:44 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/10/05 |
| Annual Earnings | 2024/01/06 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
European Wax Center, Inc. is covered by 10 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jonathan Komp | Baird |
| Melanie Nunez | BofA Global Research |
| Lorraine Corrine Hutchinson | BofA Global Research |