Westbridge Renewable Energy Balance Sheet Health
Financial Health criteria checks 3/6
Westbridge Renewable Energy has a total shareholder equity of CA$29.8M and total debt of CA$28.1M, which brings its debt-to-equity ratio to 94.4%. Its total assets and total liabilities are CA$70.9M and CA$41.0M respectively.
Key information
94.4%
Debt to equity ratio
CA$28.15m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$19.11m |
| Equity | CA$29.82m |
| Total liabilities | CA$41.05m |
| Total assets | CA$70.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WEGY.F's short term assets (CA$41.7M) exceed its short term liabilities (CA$36.2M).
Long Term Liabilities: WEGY.F's short term assets (CA$41.7M) exceed its long term liabilities (CA$4.8M).
Debt to Equity History and Analysis
Debt Level: WEGY.F's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if WEGY.F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: WEGY.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if WEGY.F's interest payments on its debt are well covered by EBIT.