Wise Balance Sheet Health
Financial Health criteria checks 5/6
Wise has a total shareholder equity of £740.6M and total debt of £293.0M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are £13.9B and £13.1B respectively. Wise's EBIT is £313.9M making its interest coverage ratio 47.6. It has cash and short-term investments of £911.1M.
Key information
39.6%
Debt to equity ratio
UK£293.00m
Debt
Interest coverage ratio | 47.6x |
Cash | UK£911.10m |
Equity | UK£740.60m |
Total liabilities | UK£13.13b |
Total assets | UK£13.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WPLC.F's short term assets (£13.7B) exceed its short term liabilities (£13.1B).
Long Term Liabilities: WPLC.F's short term assets (£13.7B) exceed its long term liabilities (£51.3M).
Debt to Equity History and Analysis
Debt Level: WPLC.F has more cash than its total debt.
Reducing Debt: WPLC.F's debt to equity ratio has increased from 14.6% to 39.6% over the past 5 years.
Debt Coverage: WPLC.F's debt is well covered by operating cash flow (1249.1%).
Interest Coverage: WPLC.F's interest payments on its debt are well covered by EBIT (47.6x coverage).