WORK Medical Technology Group Balance Sheet Health
Financial Health criteria checks 1/6
WORK Medical Technology Group has a total shareholder equity of $11.3M and total debt of $14.2M, which brings its debt-to-equity ratio to 125.4%. Its total assets and total liabilities are $32.5M and $21.2M respectively.
Key information
125.4%
Debt to equity ratio
US$14.22m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.04m |
| Equity | US$11.34m |
| Total liabilities | US$21.16m |
| Total assets | US$32.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WOK's short term assets ($19.4M) do not cover its short term liabilities ($21.2M).
Long Term Liabilities: WOK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WOK's net debt to equity ratio (116.3%) is considered high.
Reducing Debt: Insufficient data to determine if WOK's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WOK's debt is not well covered by operating cash flow (1.6%).
Interest Coverage: Insufficient data to determine if WOK's interest payments on its debt are well covered by EBIT.