Watkin Jones (LSE:WJG) Debt-to-Equity : 0.57 (As of Sep. 2023)

View and export this data going back to 2016. Start your Free Trial

What is Watkin Jones Debt-to-Equity?

Watkin Jones's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £7.6 Mil. Watkin Jones's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £66.2 Mil. Watkin Jones's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £130.0 Mil. Watkin Jones's debt to equity for the quarter that ended in Sep. 2023 was 0.57.

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

LSE:WJG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.15 Med: 0.5 Max: 1.21
Current: 0.57

During the past 11 years, the highest Debt-to-Equity Ratio of Watkin Jones was 1.21. The lowest was 0.15. And the median was 0.50.

LSE:WJG's Debt-to-Equity is ranked worse than
53.19% of 94 companies
in the Homebuilding & Construction industry
Industry Median: 0.545 vs LSE:WJG: 0.57

Watkin Jones Debt-to-Equity Historical Data

The historical data trend for Watkin Jones'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.

Watkin Jones Debt-to-Equity Chart

Watkin Jones Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

1.10

1.04

0.76

0.44

0.57

Watkin Jones Semi-Annual Data
	Sep13	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															0.76	0.91	0.44	0.52	0.57

Competitive Comparison of Watkin Jones's Debt-to-Equity

For the Residential Construction subindustry, Watkin Jones'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.

Watkin Jones's Debt-to-Equity Distribution in the Homebuilding & Construction Industry

For the Homebuilding & Construction industry and Consumer Cyclical sector, Watkin Jones's Debt-to-Equity distribution charts can be found below:

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

Watkin Jones Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Watkin Jones's Debt to Equity Ratio for the fiscal year 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
	=	(7.567	+	66.158)	/	130.005
	=	0.57

Watkin Jones'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
	=	(7.567	+	66.158)	/	130.005
	=	0.57

Watkin Jones (LSE:WJG) 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.

Watkin Jones Debt-to-Equity Related Terms

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

Watkin Jones (LSE:WJG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Watkin Jones PLC (LSE:WJG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

0W0:Germany

Address

7-9 Swallow Street, London, GBR, W1B 4DE

Website

https://www.watkinjonesplc.com

Watkin Jones PLC is a developer and constructor of multi-occupancy property assets, with a focus on the student accommodation sector. Its service includes site identification and procurement, planning consent, construction delivery, and asset management. The company's operating segments include Student accommodation, Build to Rent, Affordable Homes, and Accommodation management. The majority of its revenue is derived from the Student accommodation and build-to-rent segments.

Watkin Jones (LSE:WJG) Headlines

No Headlines