Wingara AG (ASX:WNR) Debt-to-Equity : 0.21 (As of Sep. 2023)

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What is Wingara AG Debt-to-Equity?

Wingara AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.22 Mil. Wingara AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.38 Mil. Wingara AG's Total Stockholders Equity for the quarter that ended in Sep. 2023 was A$2.81 Mil. Wingara AG's debt to equity for the quarter that ended in Sep. 2023 was 0.21.

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

ASX:WNR' s Debt-to-Equity Range Over the Past 10 Years
Min: -2.78 Med: 0.88 Max: 2.14
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Wingara AG was 2.14. The lowest was -2.78. And the median was 0.88.

ASX:WNR's Debt-to-Equity is ranked better than
67.31% of 1646 companies
in the Consumer Packaged Goods industry
Industry Median: 0.41 vs ASX:WNR: 0.21

Wingara AG Debt-to-Equity Historical Data

The historical data trend for Wingara AG'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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Wingara AG Debt-to-Equity Chart

Wingara AG Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Equity

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1.82

1.93

2.14

0.89

1.65

Wingara AG Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.70	0.89	0.92	1.65	0.21

Competitive Comparison of Wingara AG's Debt-to-Equity

For the Farm Products subindustry, Wingara AG'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.

Wingara AG's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Wingara AG's Debt-to-Equity distribution charts can be found below:

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

Wingara AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wingara AG's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(7.119	+	2.818)	/	6.038
	=	1.65

Wingara AG's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0.223	+	0.376)	/	2.812
	=	0.21

Wingara AG (ASX:WNR) 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.

Wingara AG Debt-to-Equity Related Terms

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Wingara AG (ASX:WNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Wingara AG Ltd (ASX:WNR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

10 Oxley Road Hawthorn, Level 1, Laverton, VIC, AUS, 3122

Website

https://www.wingaraag.com.au

Wingara AG Ltd operates as a processor and marketer of agricultural products in Australia. The Group operates in two segments: Acting as a processor and marketer of agricultural products (fodder business) and also Acting as a service provider for manufacturers, providing temperature-controlled facilities, blast freezing, storage, and distribution. The company generates maximum revenue from the fodder business.