WSI Industries (WSI Industries) Debt-to-Equity : 0.41 (As of Aug. 2018)

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What is WSI Industries Debt-to-Equity?

WSI Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2018 was $0.00 Mil. WSI Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2018 was $5.85 Mil. WSI Industries's Total Stockholders Equity for the quarter that ended in Aug. 2018 was $14.15 Mil. WSI Industries's debt to equity for the quarter that ended in Aug. 2018 was 0.41.

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 WSI Industries's Debt-to-Equity or its related term are showing as below:

WSCI's Debt-to-Equity is not ranked ^*
in the Industrial Products industry.
Industry Median: 0.28
* Ranked among companies with meaningful Debt-to-Equity only.

WSI Industries Debt-to-Equity Historical Data

The historical data trend for WSI Industries'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.

WSI Industries Debt-to-Equity Chart

WSI Industries Annual Data

Trend

Aug09

Aug10

Aug11

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Debt-to-Equity

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0.78

0.71

0.60

0.51

0.41

WSI Industries Quarterly Data
	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18
Debt-to-Equity	Get a 7-Day Free Trial															0.51	0.57	0.51	0.53	0.41

Competitive Comparison of WSI Industries's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, WSI Industries'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.

WSI Industries's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, WSI Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WSI Industries's Debt-to-Equity falls into.

WSI Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WSI Industries's Debt to Equity Ratio for the fiscal year that ended in Aug. 2018 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	+	5.848)	/	14.149
	=	0.41

WSI Industries's Debt to Equity Ratio for the quarter that ended in Aug. 2018 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	+	5.848)	/	14.149
	=	0.41

WSI Industries (NAS:WSCI) 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.

WSI Industries Debt-to-Equity Related Terms

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WSI Industries (WSI Industries) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » WSI Industries Inc (NAS:WSCI) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.wsiindustries.com

WSI Industries Inc was incorporated in Minnesota in 1950 for the purpose of performing precision contract machining for the aerospace, communication, and industrial markets. It is engaged in machining work for the aerospace/avionics/defense industries, recreational powersports vehicles (ATV and motorcycle) markets, energy industry and bioscience industry. The Company manufactures metal components in medium to high volumes requiring tolerances as close as one ten-thousandth of an inch. These components are manufactured in accordance with customer specifications using materials both purchased by the Company as well as being supplied by its customer.

Executives