WiseTech Global Balance Sheet Health
Financial Health criteria checks 4/6
WiseTech Global has a total shareholder equity of A$2.0B and total debt of A$200.0M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are A$2.8B and A$746.6M respectively. WiseTech Global's EBIT is A$346.2M making its interest coverage ratio 40.7. It has cash and short-term investments of A$145.0M.
Key information
9.9%
Debt to equity ratio
AU$200.00m
Debt
Interest coverage ratio | 40.7x |
Cash | AU$145.00m |
Equity | AU$2.02b |
Total liabilities | AU$746.60m |
Total assets | AU$2.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTCH.F's short term assets (A$359.6M) exceed its short term liabilities (A$340.7M).
Long Term Liabilities: WTCH.F's short term assets (A$359.6M) do not cover its long term liabilities (A$405.9M).
Debt to Equity History and Analysis
Debt Level: WTCH.F's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: WTCH.F's debt to equity ratio has increased from 7.8% to 9.9% over the past 5 years.
Debt Coverage: WTCH.F's debt is well covered by operating cash flow (205.6%).
Interest Coverage: WTCH.F's interest payments on its debt are well covered by EBIT (40.7x coverage).