WDS (ASX:WDS) Debt-to-Equity : 0.08 (As of Dec. 2014)

View and export this data going back to 2006. Start your Free Trial

What is WDS Debt-to-Equity?

WDS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$2.6 Mil. WDS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$10.0 Mil. WDS's Total Stockholders Equity for the quarter that ended in Dec. 2014 was A$152.8 Mil. WDS's debt to equity for the quarter that ended in Dec. 2014 was 0.08.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for WDS's Debt-to-Equity or its related term are showing as below:

ASX:WDS's Debt-to-Equity is not ranked ^*
in the Construction industry.
Industry Median: 0.435
* Ranked among companies with meaningful Debt-to-Equity only.

WDS Debt-to-Equity Historical Data

The historical data trend for WDS's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WDS Debt-to-Equity Chart

WDS Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Debt-to-Equity

Get a 7-Day Free Trial

0.16

0.04

0.07

0.04

WDS Semi-Annual Data
	Jun06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14
Debt-to-Equity	Get a 7-Day Free Trial												0.12	0.04	0.02	0.04	0.08

Competitive Comparison of WDS's Debt-to-Equity

For the Engineering & Construction subindustry, WDS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WDS's Debt-to-Equity Distribution in the Construction Industry

For the Construction industry and Industrials sector, WDS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WDS's Debt-to-Equity falls into.

WDS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WDS's Debt to Equity Ratio for the fiscal year that ended in Jun. 2014 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	6.268)	/	176.026
	=	0.04

WDS's Debt to Equity Ratio for the quarter that ended in Dec. 2014 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(2.554	+	10)	/	152.849
	=	0.08

WDS (ASX:WDS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

WDS Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WDS's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

WDS (ASX:WDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WDS Ltd (ASX:WDS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wdslimited.com.au

WDS Limited is an Australian provider of the development, design, engineering, construction, fabrication and maintenance related services to the cross-section of energy, mining and infrastructure sectors in Australia. The Company delivers services through two divisions, being Energy & Infrastructure and Mining.