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Wizz Air Holdings (LSE:WIZZ) Debt-to-Equity : N/A (As of Dec. 2023)


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What is Wizz Air Holdings Debt-to-Equity?

Wizz Air Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0 Mil. Wizz Air Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0 Mil. Wizz Air Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was £0 Mil.

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 Wizz Air Holdings's Debt-to-Equity or its related term are showing as below:

LSE:WIZZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -16.02   Med: 1.42   Max: 34.19
Current: 34.19

During the past 13 years, the highest Debt-to-Equity Ratio of Wizz Air Holdings was 34.19. The lowest was -16.02. And the median was 1.42.

LSE:WIZZ's Debt-to-Equity is ranked worse than
99.32% of 883 companies
in the Transportation industry
Industry Median: 0.57 vs LSE:WIZZ: 34.19

Wizz Air Holdings Debt-to-Equity Historical Data

The historical data trend for Wizz Air Holdings'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.

Wizz Air Holdings Debt-to-Equity Chart

Wizz Air Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 3.46 14.20 -16.02 34.19

Wizz Air Holdings Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.60 N/A -16.02 N/A 34.19

Competitive Comparison of Wizz Air Holdings's Debt-to-Equity

For the Airlines subindustry, Wizz Air Holdings'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.


Wizz Air Holdings's Debt-to-Equity Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wizz Air Holdings's Debt-to-Equity distribution charts can be found below:

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



Wizz Air Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wizz Air Holdings's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Wizz Air Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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.


Wizz Air Holdings  (LSE:WIZZ) 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.


Wizz Air Holdings Debt-to-Equity Related Terms

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


Wizz Air Holdings (LSE:WIZZ) Business Description

Address
44 The Esplanade, Saint Helier, JEY, JE4 9WG
Wizz Air Holdings PLC is one of the fastest-growing airlines in Europe focusing on the Central and Eastern European region. The company employs a low-cost no-frills model to offer low fares to leisure customers on short-haul routes. Geographically, it derives a majority of its revenue from EU regions.

Wizz Air Holdings (LSE:WIZZ) Headlines

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