W Resources (W Resources) Debt-to-Equity : 0.00 (As of Jun. 2021)

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What is W Resources Debt-to-Equity?

W Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. W Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $0.00 Mil. W Resources's Total Stockholders Equity for the quarter that ended in Jun. 2021 was $21.81 Mil. W Resources's debt to equity for the quarter that ended in Jun. 2021 was 0.00.

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 W Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of W Resources was 3.18. The lowest was -0.81. And the median was 0.02.

WREOF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.13
* Ranked among companies with meaningful Debt-to-Equity only.

W Resources Debt-to-Equity Historical Data

The historical data trend for W Resources'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.

W Resources Debt-to-Equity Chart

W Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

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0.01

0.02

1.77

2.56

3.18

W Resources Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Debt-to-Equity	Get a 7-Day Free Trial															2.05	2.56	2.91	3.18	-

Competitive Comparison of W Resources's Debt-to-Equity

For the Other Industrial Metals & Mining subindustry, W Resources'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.

W Resources's Debt-to-Equity Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, W Resources's Debt-to-Equity distribution charts can be found below:

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

W Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

W Resources's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(7.255	+	62.804)	/	22.064
	=	3.18

W Resources's Debt to Equity Ratio for the quarter that ended in Jun. 2021 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	+	0)	/	21.814
	=	0.00

W Resources (OTCPK:WREOF) 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.

W Resources Debt-to-Equity Related Terms

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

W Resources (W Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » W Resources PLC (OTCPK:WREOF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

27/28 Eastcastle Street, London, GBR, W1W 8DH

Website

http://www.wresources.com

W Resources PLC is a European mining company, which focuses on delivering long-term production of tungsten. The company is engaged in the production, exploration, and development of tungsten, copper and gold properties. It operates through Mineral Exploration and Corporate segment. The company explores various projects in Spain and Portugal which include La Parrilla in Spain, Regua and Tarouca in Portugal; the CAA Portalegre gold/copper project in Portugal and the Monforte-Tinoca copper project in Portugal. It derives revenue from the Iberia region.

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