Wagners Holding Co (ASX:WGN) Debt-to-Equity : 1.82 (As of Dec. 2023)

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What is Wagners Holding Co Debt-to-Equity?

Wagners Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$18.3 Mil. Wagners Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$212.8 Mil. Wagners Holding Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$127.0 Mil. Wagners Holding Co's debt to equity for the quarter that ended in Dec. 2023 was 1.82.

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 Wagners Holding Co's Debt-to-Equity or its related term are showing as below:

ASX:WGN' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.36 Med: 1.54 Max: 2.01
Current: 1.82

During the past 6 years, the highest Debt-to-Equity Ratio of Wagners Holding Co was 2.01. The lowest was 1.36. And the median was 1.54.

ASX:WGN's Debt-to-Equity is ranked worse than
95.48% of 354 companies
in the Building Materials industry
Industry Median: 0.39 vs ASX:WGN: 1.82

Wagners Holding Co Debt-to-Equity Historical Data

The historical data trend for Wagners Holding Co'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.

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Wagners Holding Co Debt-to-Equity Chart

Wagners Holding Co Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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1.54

1.78

1.51

1.69

2.01

Wagners Holding Co Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial								1.47	1.69	1.87	2.01	1.82

Competitive Comparison of Wagners Holding Co's Debt-to-Equity

For the Building Materials subindustry, Wagners Holding Co'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.

Wagners Holding Co's Debt-to-Equity Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Wagners Holding Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Wagners Holding Co's Debt-to-Equity falls into.

Wagners Holding Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wagners Holding Co's Debt to Equity Ratio for the fiscal year that ended in Jun. 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
	=	(33.43	+	215.424)	/	123.979
	=	2.01

Wagners Holding Co'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
	=	(18.322	+	212.832)	/	126.987
	=	1.82

Wagners Holding Co (ASX:WGN) 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.

Wagners Holding Co Debt-to-Equity Related Terms

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Wagners Holding Co (ASX:WGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Wagners Holding Co Ltd (ASX:WGN) » Definitions » Debt-to-Equity

Traded in Other Exchanges

0W7:Germany

Address

1511 Toowoomba-Cecil Plains Road, 11 Ballera Court, P.O. Box 151, Drayton North, Wellcamp, QLD, AUS, 4350

Website

https://www.wagner.com.au

Wagners Holding Co Ltd is an Australian construction materials provider. It produces and sells construction materials through its Composite Fibre Technologies and Earth Friendly Concrete business. The Construction Materials and Services segment supplies construction materials and services to customers in the construction, infrastructure and resources industries. Its products include cement, flyash, aggregates, ready-mix concrete, precast concrete products and reinforcing steel. Its Composite Fibre Technologies segment provides building products and construction materials through its CFT and EFC businesses. Its projects include roads and tunnels, bridges, airports, mining and gas plants, dams and others. The company generates maximum revenue from Construction, Materials and Services.

Wagners Holding Co (ASX:WGN) Headlines

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