Weyco Group Financial Health
How is Weyco Group's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: WEYS's short term assets ($190.5M) exceed its short term liabilities ($62.4M).
Long Term Liabilities: WEYS's short term assets ($190.5M) exceed its long term liabilities ($38.3M).
Debt to Equity History and Analysis
Debt Level: WEYS's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: WEYS's debt to equity ratio has increased from 2.3% to 16.5% over the past 5 years.
Debt Coverage: WEYS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: WEYS earns more interest than it pays, so coverage of interest payments is not a concern.