Wellchange Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Wellchange Holdings has a total shareholder equity of $2.4M and total debt of $686.6K, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are $4.1M and $1.7M respectively. Wellchange Holdings's EBIT is $1.2M making its interest coverage ratio 68.3. It has cash and short-term investments of $8.2K.
Key information
28.0%
Debt to equity ratio
US$686.63k
Debt
| Interest coverage ratio | 68.3x |
| Cash | US$8.20k |
| Equity | US$2.45m |
| Total liabilities | US$1.68m |
| Total assets | US$4.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCT's short term assets ($1.2M) do not cover its short term liabilities ($1.3M).
Long Term Liabilities: WCT's short term assets ($1.2M) exceed its long term liabilities ($333.5K).
Debt to Equity History and Analysis
Debt Level: WCT's net debt to equity ratio (27.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WCT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WCT's debt is well covered by operating cash flow (122.1%).
Interest Coverage: WCT's interest payments on its debt are well covered by EBIT (68.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:21 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Wellchange Holdings Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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