Wilmington Capital Management (TSX:WCM.A) Debt-to-Equity : 0.00 (As of Dec. 2023)

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What is Wilmington Capital Management Debt-to-Equity?

Wilmington Capital Management's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Wilmington Capital Management's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.09 Mil. Wilmington Capital Management's Total Stockholders Equity for the quarter that ended in Dec. 2023 was C$71.30 Mil. Wilmington Capital Management's debt to equity for the quarter that ended in Dec. 2023 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 Wilmington Capital Management's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Wilmington Capital Management was 0.19. The lowest was 0.00. And the median was 0.00.

TSX:WCM.A's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Wilmington Capital Management Debt-to-Equity Historical Data

The historical data trend for Wilmington Capital Management'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.

Wilmington Capital Management Debt-to-Equity Chart

Wilmington Capital Management Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.01

Wilmington Capital Management Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															-	-	-	-	N/A

Competitive Comparison of Wilmington Capital Management's Debt-to-Equity

For the Asset Management subindustry, Wilmington Capital Management'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.

Wilmington Capital Management's Debt-to-Equity Distribution in the Asset Management Industry

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

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

Wilmington Capital Management Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wilmington Capital Management'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
	=	(0.038	+	0.085)	/	71.303
	=	0.00

Wilmington Capital Management'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
	=	(0.038	+	0.085)	/	71.303
	=	0.00

Wilmington Capital Management (TSX:WCM.A) 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.

Wilmington Capital Management Debt-to-Equity Related Terms

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Wilmington Capital Management (TSX:WCM.A) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Wilmington Capital Management Inc (TSX:WCM.A) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WCM.B:Canada

Address

3282 Ogdens Beach Road, Midland, ON, CAN, L4R 4K3

Website

https://www.wilmingtoncapital.ca

Wilmington Capital Management Inc is a Canada based investment and asset management company. Its principal objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. The corporation invests its own capital alongside partners and co-investors, in hard assets and private equity funds and manages these assets through operating entities.

Wilmington Capital Management (TSX:WCM.A) Headlines

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