Willis Towers Watson (BSP:W1LT34) Debt-to-Equity : 0.62 (As of Dec. 2023)

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What is Willis Towers Watson Debt-to-Equity?

Willis Towers Watson's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$3,797 Mil. Willis Towers Watson's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$25,312 Mil. Willis Towers Watson's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$46,646 Mil. Willis Towers Watson's debt to equity for the quarter that ended in Dec. 2023 was 0.62.

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 Willis Towers Watson's Debt-to-Equity or its related term are showing as below:

BSP:W1LT34' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.4 Med: 0.58 Max: 1.54
Current: 0.62

During the past 13 years, the highest Debt-to-Equity Ratio of Willis Towers Watson was 1.54. The lowest was 0.40. And the median was 0.58.

BSP:W1LT34's Debt-to-Equity is ranked worse than
79.32% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs BSP:W1LT34: 0.62

Willis Towers Watson Debt-to-Equity Historical Data

The historical data trend for Willis Towers Watson'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.

Willis Towers Watson Debt-to-Equity Chart

Willis Towers Watson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.66

0.62

0.41

0.55

0.62

Willis Towers Watson Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.55	0.54	0.63	0.63	0.62

Competitive Comparison of Willis Towers Watson's Debt-to-Equity

For the Insurance Brokers subindustry, Willis Towers Watson'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.

Willis Towers Watson's Debt-to-Equity Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Willis Towers Watson's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Willis Towers Watson's Debt-to-Equity falls into.

Willis Towers Watson Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Willis Towers Watson's Debt to Equity Ratio for the fiscal year 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
	=	(3797.345	+	25312.367)	/	46646.096
	=	0.62

Willis Towers Watson'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
	=	(3797.345	+	25312.367)	/	46646.096
	=	0.62

Willis Towers Watson (BSP:W1LT34) 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.

Willis Towers Watson Debt-to-Equity Related Terms

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

Willis Towers Watson (BSP:W1LT34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Willis Towers Watson PLC (BSP:W1LT34) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WTW:USA WTW:Mexico

Address

C/o Willis Group Ltd, 51 Lime Street, London, GBR, EC3M 7DQ

Website

https://www.willistowerswatson.com

In January 2016, Towers Watson and Willis Group merged to form Willis Towers Watson, a global advisory, insurance brokerage, and solutions company. The company operates in two business segments: health, wealth, and career (its consulting operations) and risk and brokering (its brokerage operations). It has about 47,000 employees.

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