WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM3) Debt-to-Equity : 0.20 (As of Dec. 2023)

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What is WLM Participacoes E Comercio De Maquinas E Veeculos Debt-to-Equity?

WLM Participacoes E Comercio De Maquinas E Veeculos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$127 Mil. WLM Participacoes E Comercio De Maquinas E Veeculos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$13 Mil. WLM Participacoes E Comercio De Maquinas E Veeculos's Total Stockholders Equity for the quarter that ended in Dec. 2023 was R$702 Mil. WLM Participacoes E Comercio De Maquinas E Veeculos's debt to equity for the quarter that ended in Dec. 2023 was 0.20.

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 WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity or its related term are showing as below:

BSP:WLMM3' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.2
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of WLM Participacoes E Comercio De Maquinas E Veeculos was 0.20. The lowest was 0.01. And the median was 0.02.

BSP:WLMM3's Debt-to-Equity is ranked better than
73.04% of 1176 companies
in the Vehicles & Parts industry
Industry Median: 0.48 vs BSP:WLMM3: 0.20

WLM Participacoes E Comercio De Maquinas E Veeculos Debt-to-Equity Historical Data

The historical data trend for WLM Participacoes E Comercio De Maquinas E Veeculos'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.

WLM Participacoes E Comercio De Maquinas E Veeculos Debt-to-Equity Chart

WLM Participacoes E Comercio De Maquinas E Veeculos Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

0.01

0.09

0.20

WLM Participacoes E Comercio De Maquinas E Veeculos 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															0.09	0.15	0.24	0.01	0.20

Competitive Comparison of WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity

For the Auto & Truck Dealerships subindustry, WLM Participacoes E Comercio De Maquinas E Veeculos'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.

WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity falls into.

WLM Participacoes E Comercio De Maquinas E Veeculos Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WLM Participacoes E Comercio De Maquinas E Veeculos'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
	=	(127.376	+	13.105)	/	702.229
	=	0.20

WLM Participacoes E Comercio De Maquinas E Veeculos'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
	=	(127.376	+	13.105)	/	702.229
	=	0.20

WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM3) 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.

WLM Participacoes E Comercio De Maquinas E Veeculos Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WLM Participacoes E Comercio De Maquinas E Veeculos's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » WLM Participacoes E Comercio De Maquinas E Veeculos SA (BSP:WLMM3) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WLMM4:Brazil

Address

Praia Do Flamengo 200 - 19 Andar, Rio de Janeiro, RJ, BRA, 22210901

Website

http://www.wlm.com.br

WLM Participacoes E Comercio De Maquinas E Veeculos SA along with its subsidaries is engaged in marketing Scania brand products including heavy and extra heavy trucks, chassis of coaches and city buses, and spare parts. It is also engaged in beef cattle farming, milking dairy cattle and coffee growing.

WLM Participacoes E Comercio De Maquinas E Veeculos (BSP:WLMM3) Headlines

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