Webco Industries Balance Sheet Health
Financial Health criteria checks 5/6
Webco Industries has a total shareholder equity of $315.4M and total debt of $66.7M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are $470.3M and $154.9M respectively. Webco Industries's EBIT is $27.1M making its interest coverage ratio 6.2. It has cash and short-term investments of $19.8M.
Key information
21.1%
Debt to equity ratio
US$66.67m
Debt
Interest coverage ratio | 6.2x |
Cash | US$19.81m |
Equity | US$315.39m |
Total liabilities | US$154.93m |
Total assets | US$470.31m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: WEBC's short term assets ($269.6M) exceed its short term liabilities ($118.5M).
Long Term Liabilities: WEBC's short term assets ($269.6M) exceed its long term liabilities ($36.4M).
Debt to Equity History and Analysis
Debt Level: WEBC's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: WEBC's debt to equity ratio has reduced from 52.8% to 21.1% over the past 5 years.
Debt Coverage: Insufficient data to determine if WEBC's debt is well covered by operating cash flow.
Interest Coverage: WEBC's interest payments on its debt are well covered by EBIT (6.2x coverage).