Westaim Balance Sheet Health
Financial Health criteria checks 6/6
Westaim has a total shareholder equity of $511.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $541.1M and $29.9M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$505.29m |
| Equity | US$511.16m |
| Total liabilities | US$29.93m |
| Total assets | US$541.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEDX.F's short term assets ($505.6M) exceed its short term liabilities ($29.9M).
Long Term Liabilities: WEDX.F has no long term liabilities.
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 10.3%.
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.