Winton Land (NZSE:WIN) Debt-to-Equity : 0.14 (As of Dec. 2023)

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What is Winton Land Debt-to-Equity?

Winton Land's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$1.2 Mil. Winton Land's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was NZ$72.5 Mil. Winton Land's Total Stockholders Equity for the quarter that ended in Dec. 2023 was NZ$514.5 Mil. Winton Land's debt to equity for the quarter that ended in Dec. 2023 was 0.14.

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 Winton Land's Debt-to-Equity or its related term are showing as below:

NZSE:WIN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.31
Current: 0.14

During the past 3 years, the highest Debt-to-Equity Ratio of Winton Land was 0.31. The lowest was 0.00. And the median was 0.02.

NZSE:WIN's Debt-to-Equity is ranked better than
83.68% of 1587 companies
in the Real Estate industry
Industry Median: 0.76 vs NZSE:WIN: 0.14

Winton Land Debt-to-Equity Historical Data

The historical data trend for Winton Land'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.

Winton Land Debt-to-Equity Chart

Winton Land Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-Equity

0.31

0.02

Winton Land Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	0.31	-	0.02	0.02	0.14

Competitive Comparison of Winton Land's Debt-to-Equity

For the Real Estate - Development subindustry, Winton Land'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.

Winton Land's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Winton Land's Debt-to-Equity distribution charts can be found below:

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

Winton Land Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winton Land's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 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
	=	(1.281	+	9.74)	/	510.414
	=	0.02

Winton Land's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(1.22	+	72.492)	/	514.477
	=	0.14

Winton Land (NZSE:WIN) 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.

Winton Land Debt-to-Equity Related Terms

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Winton Land (NZSE:WIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Winton Land Ltd (NZSE:WIN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

WTN:Australia

Address

10 Viaduct Harbour Avenue, Level 4, Auckland, NTL, NZL, 1010

Website

https://www.winton.nz

Winton Land Ltd is a privately owned developer with projects in New Zealand and Australia. It specializes in developing integrated and fully master-planned communities. The company has a portfolio of several resident lots, dwellings, apartment units, and retirement village units. The company has three reportable segments which are Residential development, Retirement villages, and Commercial portfolio and the company generates the majority of its revenue from residential development.

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