Williams Rowland Acquisition (Williams Rowland Acquisition) Debt-to-Equity : 0.08 (As of Sep. 2023)

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What is Williams Rowland Acquisition Debt-to-Equity?

Williams Rowland Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.33 Mil. Williams Rowland Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Williams Rowland Acquisition's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $17.37 Mil. Williams Rowland Acquisition's debt to equity for the quarter that ended in Sep. 2023 was 0.08.

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 Williams Rowland Acquisition's Debt-to-Equity or its related term are showing as below:

WRAC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 5.21
Current: 0.08

During the past 2 years, the highest Debt-to-Equity Ratio of Williams Rowland Acquisition was 5.21. The lowest was 0.00. And the median was 0.03.

WRAC's Debt-to-Equity is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.12 vs WRAC: 0.08

Williams Rowland Acquisition Debt-to-Equity Historical Data

The historical data trend for Williams Rowland Acquisition'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.

Williams Rowland Acquisition Debt-to-Equity Chart

Williams Rowland Acquisition Annual Data

Trend

Dec21

Dec22

Debt-to-Equity

0.03

Williams Rowland Acquisition Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial						-	0.03	0.03	0.04	0.08

Competitive Comparison of Williams Rowland Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Williams Rowland Acquisition'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.

Williams Rowland Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Williams Rowland Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Williams Rowland Acquisition's Debt-to-Equity falls into.

Williams Rowland Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Williams Rowland Acquisition's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(0.675	+	0)	/	26.83
	=	0.03

Williams Rowland Acquisition'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
	=	(1.325	+	0)	/	17.373
	=	0.08

Williams Rowland Acquisition (AMEX:WRAC) 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.

Williams Rowland Acquisition Debt-to-Equity Related Terms

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

Williams Rowland Acquisition (Williams Rowland Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Williams Rowland Acquisition Corp (AMEX:WRAC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

450 Post Road East, Westport, CT, USA, 06880

Website

https://www.williamsrowland.com

Williams Rowland Acquisition Corp is a blank check company.

Executives

David Brewster Williams	director, officer: Co- Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880
Tomago Collins	director	18500 NORTH ALLIED WAY, PHOENIX AZ 85054
Kunkler William Charles Iii	director	222 N. LASALLE STREET, SUITE 1000, CHICAGO IL 60601
Brent Mcintosh	director	450 POST RD. EAST, WESTPORT CT 06880
Betsy L. Battle	director	450 POST RD EAST, WESTPORT CT 06880
Williams Rowland Sponsor Llc	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Wrac Ltd.	10 percent owner	450 POST RD EAST, WESTPORT CT 06880
Jonathan David Rowland	director, officer: Co-Chief Executive Officer	450 POST RD EAST, WESTPORT CT 06880

Williams Rowland Acquisition (Williams Rowland Acquisition) Headlines

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