TeraWulf (TeraWulf) Debt-to-Equity : 0.56 (As of Dec. 2023)

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What is TeraWulf Debt-to-Equity?

TeraWulf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $123.51 Mil. TeraWulf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.96 Mil. TeraWulf's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $222.49 Mil. TeraWulf's debt to equity for the quarter that ended in Dec. 2023 was 0.56.

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

WULF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.56 Med: 0.83 Max: 1.1
Current: 0.56

During the past 3 years, the highest Debt-to-Equity Ratio of TeraWulf was 1.10. The lowest was 0.56. And the median was 0.83.

WULF's Debt-to-Equity is ranked worse than
59.7% of 608 companies
in the Capital Markets industry
Industry Median: 0.375 vs WULF: 0.56

TeraWulf Debt-to-Equity Historical Data

The historical data trend for TeraWulf'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.

TeraWulf Debt-to-Equity Chart

TeraWulf Annual Data

Trend

Mar21

Dec22

Dec23

Debt-to-Equity

1.10

0.56

TeraWulf Quarterly Data
	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial					1.10	0.78	0.89	0.82	0.56

Competitive Comparison of TeraWulf's Debt-to-Equity

For the Capital Markets subindustry, TeraWulf'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.

TeraWulf's Debt-to-Equity Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TeraWulf's Debt-to-Equity distribution charts can be found below:

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

TeraWulf Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

TeraWulf's Debt to Equity Ratio for the fiscal year 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
	=	(123.513	+	0.955)	/	222.489
	=	0.56

TeraWulf'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
	=	(123.513	+	0.955)	/	222.489
	=	0.56

TeraWulf (NAS:WULF) 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.

TeraWulf Debt-to-Equity Related Terms

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

TeraWulf (TeraWulf) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TeraWulf Inc (NAS:WULF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Federal Street, Easton, MD, USA, 21601

Website

https://www.terawulf.com

TeraWulf Inc is a digital asset technology company with a core business of sustainable bitcoin mining. The company develops, owns and operates its bitcoin mining facility sites in the United States powered by hydro, nuclear, and solar energy.

Executives

Paul B. Prager	director, 10 percent owner, officer: Chief Executive Officer	9 FEDERAL STREET, EASTON MD 21601
Michael C. Bucella	director	C/O TERAWULF INC., 9 FEDERAL STREET, EASTON MD 21601
Patrick Fleury	officer: Chief Financial Officer	C/O GSO CAPTTAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Bryan J. Pascual	10 percent owner	53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901
Revolve Capital Llc	10 percent owner	339 DORADO BEACH EAST, DORADO PR 00646
Walter E. Carter	director	9 FEDERAL STREET, EASTON MD 21601
Jason Griffin New	director	280 PARK AVENUE, NEW YORK NY 10017
Kenneth J Deane	officer: CFO & Treasurer	9 FEDERAL STREET, EASTON MD 21601
Stammtisch Investments Llc	10 percent owner	9 FEDERAL STREET, EASTON MD 21601
Lisa A. Prager	director	9 FEDERAL STREET, EASTON MD 21601
Kerri M. Langlais	officer: Chief Strategy Officer	9 FEDERAL STREET, EASTON MD 21601
Nazar M. Khan	director, officer: COO & Chief Technology Officer	9 FEDERAL STREET, EASTON MD 21601
Catherine J. Motz	director	9 FEDERAL STREET, EASTON MD 21601
Steven T. Pincus	director	9 FEDERAL STREET, EASTON MD 21601
Bayshore Capital Llc	10 percent owner	53 PALMERAS STREET, SUITE 601, SAN JUAN PR 00901