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WSP Global (TSX:WSP) Debt-to-Equity : 0.67 (As of Dec. 2023)


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What is WSP Global Debt-to-Equity?

WSP Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$462 Mil. WSP Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$3,803 Mil. WSP Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$6,329 Mil. WSP Global's debt to equity for the quarter that ended in Dec. 2023 was 0.67.

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 WSP Global's Debt-to-Equity or its related term are showing as below:

TSX:WSP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.35   Med: 0.44   Max: 0.74
Current: 0.67

During the past 13 years, the highest Debt-to-Equity Ratio of WSP Global was 0.74. The lowest was 0.35. And the median was 0.44.

TSX:WSP's Debt-to-Equity is ranked worse than
63% of 1508 companies
in the Construction industry
Industry Median: 0.44 vs TSX:WSP: 0.67

WSP Global Debt-to-Equity Historical Data

The historical data trend for WSP Global'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.

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WSP Global Debt-to-Equity Chart

WSP Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.74 0.39 0.60 0.68 0.67

WSP Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.68 0.69 0.75 0.74 0.67

Competitive Comparison of WSP Global's Debt-to-Equity

For the Engineering & Construction subindustry, WSP Global'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.


WSP Global's Debt-to-Equity Distribution in the Construction Industry

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

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



WSP Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WSP Global's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

WSP Global'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.


WSP Global  (TSX:WSP) 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.


WSP Global Debt-to-Equity Related Terms

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


WSP Global (TSX:WSP) Business Description

Traded in Other Exchanges
Address
1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9
WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).

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