Workforce Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Workforce Holdings has a total shareholder equity of ZAR910.5M and total debt of ZAR326.3M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are ZAR1.6B and ZAR684.6M respectively.
Key information
35.8%
Debt to equity ratio
R326.30m
Debt
| Interest coverage ratio | n/a |
| Cash | R79.10m |
| Equity | R910.48m |
| Total liabilities | R684.65m |
| Total assets | R1.60b |
Recent financial health updates
Workforce Holdings (JSE:WKF) Is Making Moderate Use Of Debt
Aug 31
These 4 Measures Indicate That Workforce Holdings (JSE:WKF) Is Using Debt Extensively
Sep 22Workforce Holdings (JSE:WKF) Seems To Use Debt Quite Sensibly
Jun 22Workforce Holdings (JSE:WKF) Seems To Use Debt Quite Sensibly
Sep 21Does Workforce Holdings (JSE:WKF) Have A Healthy Balance Sheet?
Apr 06Recent updates
Workforce Holdings (JSE:WKF) Is Making Moderate Use Of Debt
Aug 31Market Still Lacking Some Conviction On Workforce Holdings Limited (JSE:WKF)
Feb 14These 4 Measures Indicate That Workforce Holdings (JSE:WKF) Is Using Debt Extensively
Sep 22Workforce Holdings (JSE:WKF) Seems To Use Debt Quite Sensibly
Jun 22Does Workforce Holdings (JSE:WKF) Deserve A Spot On Your Watchlist?
May 18Workforce Holdings (JSE:WKF) Seems To Use Debt Quite Sensibly
Sep 21Does Workforce Holdings (JSE:WKF) Have A Healthy Balance Sheet?
Apr 06Should You Use Workforce Holdings's (JSE:WKF) Statutory Earnings To Analyse It?
Dec 21
Financial Position Analysis
Short Term Liabilities: WKF's short term assets (ZAR1.0B) exceed its short term liabilities (ZAR606.0M).
Long Term Liabilities: WKF's short term assets (ZAR1.0B) exceed its long term liabilities (ZAR78.6M).
Debt to Equity History and Analysis
Debt Level: WKF's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: WKF's debt to equity ratio has reduced from 52.8% to 35.8% over the past 5 years.
Debt Coverage: WKF's debt is well covered by operating cash flow (25.1%).
Interest Coverage: Insufficient data to determine if WKF's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/20 13:22 |
| End of Day Share Price | 2025/01/17 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Workforce Holdings Limited is covered by 1 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 |
|---|---|
| null null | Merchantec (Proprietary) Limited |