WageWorks (WageWorks) LT-Debt-to-Total-Asset : 0.11 (As of Jun. 2019)

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What is WageWorks 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. WageWorks's long-term debt to total assests ratio for the quarter that ended in Jun. 2019 was 0.11.

WageWorks's long-term debt to total assets ratio declined from Jun. 2018 (0.15) to Jun. 2019 (0.11). It may suggest that WageWorks is progressively becoming less dependent on debt to grow their business.

WageWorks LT-Debt-to-Total-Asset Historical Data

The historical data trend for WageWorks'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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WageWorks LT-Debt-to-Total-Asset Chart

WageWorks Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

LT-Debt-to-Total-Asset

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0.10

0.09

0.19

0.15

0.14

WageWorks Quarterly Data
	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.15	0.15	0.14	0.13	0.11

WageWorks LT-Debt-to-Total-Asset Calculation

WageWorks's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2018 is calculated as

LT Debt to Total Assets (A: Dec. 2018 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2018 )	/	Total Assets (A: Dec. 2018 )
	=	244.693	/	1785.153
	=	0.14

WageWorks's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2019 is calculated as

LT Debt to Total Assets (Q: Jun. 2019 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2019 )	/	Total Assets (Q: Jun. 2019 )
	=	171.264	/	1629.369
	=	0.11

WageWorks (NYSE:WAGE) 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.

WageWorks LT-Debt-to-Total-Asset Related Terms

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WageWorks (WageWorks) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » WageWorks Inc (NYSE:WAGE) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

1100 Park Place, 4th Floor, San Mateo, CA, USA, 94403

Website

https://www.wageworks.com

WageWorks is a provider of tax-advantaged programs in the United States. The company specialises in consumer-directed benefits such as health savings accounts, health and dependent-care flexible spending accounts, health reimbursement arrangements, and commuter benefit services, including transit, parking, and wellness programs. With the help of WageWorks, employees use pretax dollars to pay for healthcare, dependent care, and commuter expenses and save money on their payroll tax.

Executives

Ismail Dawood	officer: Chief Financial Officer	3527 NORTH RIDGE ROAD, WICHITA KS 67205
John G. Saia	officer: SVP, GC & Corporate Secretary	C/O ACELRX PHARMACEUTICALS, INC., 351 GALVESTON DRIVE, REDWOOD CITY CA 94063
Jerry Gramaglia	director	64 SPENCER LANE, ATHERTON CA 94027
Carol Goode	director	SAIC, 12010 SUNSET HILLS RD, RESTON VA 20190
Harvey Stuart C. Jr	director	C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Robert Metzger	director	1100 PARK PL #400, SAN MATEO CA 94403
Bruce G. Bodaken	director	1100 PARK PLACE, 4TH FLOOR, SAN MATEO CA 94403
George P Scanlon	director	13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
John William Larson	director	C/O SANGAMO BIOSCIENCES IN STE.A-100, POINT RICHMOND TECH CENTER 501 CANA BLVD, RICHMOND CA 94804
Mariann H Byerwalter	director	C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY 920/2, SAN MATEO CA 94403
Edward C Nafus	director	7887 E BELLEVIEW AVE SUITE 1000, ENGLEWOOD CO 80111
David L Warnock	other: See Remarks	500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Donald W Hughes	other: See Remarks	500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Richard M Berkeley	director, other: See Remarks	500 EAST PRATT STREET, SUITE 1200, BALTIMORE MD 21202
Camden Partners Strategic Iii, Llc	other: See Remarks	ONE SOUTH STREET, SUITE 2150, BALTIMORE MD 21202