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

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What is Wilmington Capital Management LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Wilmington Capital Management's long-term debt to total assests ratio for the quarter that ended in Dec. 2023 was 0.00.

Wilmington Capital Management's long-term debt to total assets ratio declined from Sep. 2022 (0.00) to Dec. 2023 (0.00). It may suggest that Wilmington Capital Management is progressively becoming less dependent on debt to grow their business.

Wilmington Capital Management LT-Debt-to-Total-Asset Historical Data

The historical data trend for Wilmington Capital Management's LT-Debt-to-Total-Asset 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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Wilmington Capital Management LT-Debt-to-Total-Asset Chart

Wilmington Capital Management Annual Data

Trend

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Dec23

LT-Debt-to-Total-Asset

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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
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															-	-	-	-	-

Wilmington Capital Management LT-Debt-to-Total-Asset Calculation

Wilmington Capital Management's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.085	/	74.17
	=	0.00

Wilmington Capital Management's Long-Term Debt to Total Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (Q: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (Q: Dec. 2023 )	/	Total Assets (Q: Dec. 2023 )
	=	0.085	/	74.17
	=

Wilmington Capital Management (TSX:WCM.A) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Wilmington Capital Management LT-Debt-to-Total-Asset 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 » LT-Debt-to-Total-Asset

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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.

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