Westaim Balance Sheet Health
Financial Health criteria checks 6/6
Westaim has a total shareholder equity of $518.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $551.8M and $33.5M respectively. Westaim's EBIT is $187.8M making its interest coverage ratio 185.9. It has cash and short-term investments of $521.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 185.9x |
Cash | US$521.76m |
Equity | US$518.35m |
Total liabilities | US$33.48m |
Total assets | US$551.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEDX.F's short term assets ($523.1M) exceed its short term liabilities ($32.3M).
Long Term Liabilities: WEDX.F's short term assets ($523.1M) exceed its long term liabilities ($1.2M).
Debt to Equity History and Analysis
Debt Level: WEDX.F is debt free.
Reducing Debt: WEDX.F has no debt compared to 5 years ago when its debt to equity ratio was 10.6%.
Debt Coverage: WEDX.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WEDX.F has no debt, therefore coverage of interest payments is not a concern.