Waterdrop (Waterdrop) Debt-to-Equity : 0.02 (As of Sep. 2023)

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What is Waterdrop Debt-to-Equity?

Waterdrop's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.5 Mil. Waterdrop's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $4.5 Mil. Waterdrop's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $622.8 Mil. Waterdrop's debt to equity for the quarter that ended in Sep. 2023 was 0.01.

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

WDH' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.03
Current: 0.04

During the past 6 years, the highest Debt-to-Equity Ratio of Waterdrop was 0.03. The lowest was 0.00. And the median was 0.02.

WDH's Debt-to-Equity is ranked better than
82.98% of 382 companies
in the Insurance industry
Industry Median: 0.245 vs WDH: 0.04

Waterdrop Debt-to-Equity Historical Data

The historical data trend for Waterdrop'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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Waterdrop Debt-to-Equity Chart

Waterdrop Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.03

0.02

0.04

Waterdrop Quarterly Data
	Dec18	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													-	0.02	0.02	0.02	0.04

Competitive Comparison of Waterdrop's Debt-to-Equity

For the Insurance - Diversified subindustry, Waterdrop'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.

Waterdrop's Debt-to-Equity Distribution in the Insurance Industry

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

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

Waterdrop Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waterdrop's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1.342	+	0.674)	/	683.639
	=	0.00

Waterdrop's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(4.519	+	4.544)	/	622.801
	=	0.01

Waterdrop (NYSE:WDH) 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.

Waterdrop Debt-to-Equity Related Terms

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

Waterdrop (Waterdrop) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Waterdrop Inc (NYSE:WDH) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

717:Germany

Address

No. 2 Lize Zhonger Road, Block C, Wangjing Science and Technology Park, Chaoyang District, Beijing, CHN, 100102

Website

https://ir.waterdrop-inc.com

Waterdrop Inc is a technology platform dedicated to insurance and healthcare service. It is a third-party insurance platform in China in terms of life and health insurance. It generates revenues from the PRC.