Woolworths Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Woolworths Holdings has a total shareholder equity of ZAR11.6B and total debt of ZAR6.9B, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are ZAR39.9B and ZAR28.3B respectively. Woolworths Holdings's EBIT is ZAR6.4B making its interest coverage ratio 4.4. It has cash and short-term investments of ZAR2.9B.
Key information
59.7%
Debt to equity ratio
R6.95b
Debt
Interest coverage ratio | 4.4x |
Cash | R2.91b |
Equity | R11.63b |
Total liabilities | R28.31b |
Total assets | R39.94b |
Recent financial health updates
Recent updates
Woolworths Holdings Limited's (JSE:WHL) Shareholders Might Be Looking For Exit
Jul 11Is Woolworths Holdings (JSE:WHL) A Risky Investment?
May 03Why The 24% Return On Capital At Woolworths Holdings (JSE:WHL) Should Have Your Attention
Mar 28Subdued Growth No Barrier To Woolworths Holdings Limited's (JSE:WHL) Price
Feb 09Here's Why Woolworths Holdings (JSE:WHL) Has Caught The Eye Of Investors
Jan 21Why The 25% Return On Capital At Woolworths Holdings (JSE:WHL) Should Have Your Attention
Dec 01We Think Some Shareholders May Hesitate To Increase Woolworths Holdings Limited's (JSE:WHL) CEO Compensation
Nov 16Woolworths Holdings Limited's (JSE:WHL) Share Price Could Signal Some Risk
Oct 31Here's Why We Think Woolworths Holdings (JSE:WHL) Might Deserve Your Attention Today
Oct 01Financial Position Analysis
Short Term Liabilities: WHL's short term assets (ZAR12.7B) exceed its short term liabilities (ZAR12.7B).
Long Term Liabilities: WHL's short term assets (ZAR12.7B) do not cover its long term liabilities (ZAR15.6B).
Debt to Equity History and Analysis
Debt Level: WHL's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: WHL's debt to equity ratio has reduced from 101.5% to 59.7% over the past 5 years.
Debt Coverage: WHL's debt is well covered by operating cash flow (89.6%).
Interest Coverage: WHL's interest payments on its debt are well covered by EBIT (4.4x coverage).