Wealthcraft Capital (Wealthcraft Capital) Debt-to-Equity : -0.88 (As of Sep. 2023)

View and export this data going back to 2005. Start your Free Trial

What is Wealthcraft Capital Debt-to-Equity?

Wealthcraft Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.86 Mil. Wealthcraft Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Wealthcraft Capital's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-0.98 Mil. Wealthcraft Capital's debt to equity for the quarter that ended in Sep. 2023 was -0.88.

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

WCCP' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.91 Med: -0.88 Max: -0.25
Current: -0.88

During the past 6 years, the highest Debt-to-Equity Ratio of Wealthcraft Capital was -0.25. The lowest was -0.91. And the median was -0.88.

WCCP's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.38 vs WCCP: -0.88

Wealthcraft Capital Debt-to-Equity Historical Data

The historical data trend for Wealthcraft Capital'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.

Wealthcraft Capital Debt-to-Equity Chart

Wealthcraft Capital Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Debt-to-Equity

Get a 7-Day Free Trial

0.91

-1.62

-0.39

Wealthcraft Capital Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Sep15	Mar16	Jun16	Sep16	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															-	N/A	N/A	-0.91	-0.88

Competitive Comparison of Wealthcraft Capital's Debt-to-Equity

For the Security & Protection Services subindustry, Wealthcraft Capital'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.

Wealthcraft Capital's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wealthcraft Capital's Debt-to-Equity distribution charts can be found below:

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

Wealthcraft Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wealthcraft Capital's Debt to Equity Ratio for the fiscal year that ended in Dec. 2008 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	+	0.397)	/	-1.023
	=	-0.39

Wealthcraft Capital'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
	=	(0.863	+	0)	/	-0.98
	=	-0.88

Wealthcraft Capital (OTCPK:WCCP) 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.

Wealthcraft Capital Debt-to-Equity Related Terms

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

Wealthcraft Capital (Wealthcraft Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wealthcraft Capital Inc (OTCPK:WCCP) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

300 South Park Avenue, Suite 818, Pomona, CA, USA, 91766

Website

https://www.wealthcraftcapital.com

Wealthcraft Capital Inc operates through its subsidiary which is engaged in providing security services for commercial, retail, and industrial customers, with customized services and special patrol methods applicable to the cannabis industry.

Executives

Li Jenny Xiao Zhen	officer: CFO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Hulleman Curtis Cornelius	director, 10 percent owner, officer: Director and CIO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR
Tallas Kelly Jay Michael	director, 10 percent owner, officer: President & CEO	ROOM 1005, 10TH FLOOR, 3 ARBUTHNOT ROAD, HONG KONG K3 SAR

Wealthcraft Capital (Wealthcraft Capital) Headlines

From GuruFocus

Wealthcraft Capital Making Rapid Strides For Geaux Industries

By Marketwired Marketwired • 05-08-2018

Wealthcraft Capital Inc. Announces the Appointment of New Management

By Marketwired Marketwired • 09-19-2018

Wealthcraft Capital Inc. Announces Letter of Intent to Purchase a Nevada Licensed Cannabis Producer

By Marketwired Marketwired • 10-15-2018