Top Wealth Group Holding Balance Sheet Health
Financial Health criteria checks 3/6
Top Wealth Group Holding has a total shareholder equity of $5.0M and total debt of $938.0K, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are $7.3M and $2.4M respectively.
Key information
18.9%
Debt to equity ratio
US$937.98k
Debt
| Interest coverage ratio | n/a |
| Cash | US$134.35k |
| Equity | US$4.95m |
| Total liabilities | US$2.40m |
| Total assets | US$7.35m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TWG's short term assets ($7.1M) exceed its short term liabilities ($2.4M).
Long Term Liabilities: TWG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: TWG's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TWG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TWG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TWG's interest payments on its debt are well covered by EBIT.