Workforce Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Workforce Holdings has a total shareholder equity of ZAR884.7M and total debt of ZAR366.1M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are ZAR1.6B and ZAR702.2M respectively.
Key information
41.4%
Debt to equity ratio
R366.09m
Debt
| Interest coverage ratio | n/a |
| Cash | R118.46m |
| Equity | R884.75m |
| Total liabilities | R702.17m |
| Total assets | R1.59b |
Recent financial health updates
These 4 Measures Indicate That Workforce Holdings (JSE:WKF) Is Using Debt Extensively
Sep 22
Workforce 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
Market 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 (ZAR615.6M).
Long Term Liabilities: WKF's short term assets (ZAR1.0B) exceed its long term liabilities (ZAR86.5M).
Debt to Equity History and Analysis
Debt Level: WKF's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: WKF's debt to equity ratio has reduced from 61.3% to 41.4% over the past 5 years.
Debt Coverage: WKF's debt is well covered by operating cash flow (37.3%).
Interest Coverage: Insufficient data to determine if WKF's interest payments on its debt are well covered by EBIT.