Wall Financial (TSX:WFC) Debt-to-Equity : 3.37 (As of Oct. 2023)

View and export this data going back to 1973. Start your Free Trial

What is Wall Financial Debt-to-Equity?

Wall Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$202.2 Mil. Wall Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$331.7 Mil. Wall Financial's Total Stockholders Equity for the quarter that ended in Oct. 2023 was C$158.5 Mil. Wall Financial's debt to equity for the quarter that ended in Oct. 2023 was 3.37.

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

TSX:WFC' s Debt-to-Equity Range Over the Past 10 Years
Min: 2.2 Med: 4.38 Max: 9.37
Current: 3.37

During the past 13 years, the highest Debt-to-Equity Ratio of Wall Financial was 9.37. The lowest was 2.20. And the median was 4.38.

TSX:WFC's Debt-to-Equity is ranked worse than
92.61% of 1584 companies
in the Real Estate industry
Industry Median: 0.76 vs TSX:WFC: 3.37

Wall Financial Debt-to-Equity Historical Data

The historical data trend for Wall Financial'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.

Wall Financial Debt-to-Equity Chart

Wall Financial Annual Data

Trend

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-Equity

Get a 7-Day Free Trial

6.43

3.40

3.15

3.07

2.29

Wall Financial Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-Equity	Get a 7-Day Free Trial															2.20	2.29	4.50	4.26	3.37

Competitive Comparison of Wall Financial's Debt-to-Equity

For the Real Estate - Development subindustry, Wall Financial'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.

Wall Financial's Debt-to-Equity Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Wall Financial's Debt-to-Equity distribution charts can be found below:

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

Wall Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wall Financial's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
	=	(210.477	+	329.473)	/	235.878
	=	2.29

Wall Financial's Debt to Equity Ratio for the quarter that ended in Oct. 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
	=	(202.196	+	331.695)	/	158.478
	=	3.37

Wall Financial (TSX:WFC) 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.

Wall Financial Debt-to-Equity Related Terms

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

Wall Financial (TSX:WFC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Wall Financial Corp (TSX:WFC) » Definitions » Debt-to-Equity

Traded in Other Exchanges

N/A

Address

1010 Burrard Street, Vancouver, BC, CAN, V6Z 2R9

Website

http://www.wallfinancialcorp.ca

Wall Financial Corp is in the development and management of residential rental units, the development and construction of residential housing for resale, and the development and management of hotel properties. It owns and manages two hotel properties in Metro Vancouver namely the Sheraton Vancouver Wall Centre Hotel and the Westin Wall Centre Vancouver Airport Hotel. It operates in three segments of the real estate industry namely, Ownership and management of revenue-producing residential and commercial properties (Rental), Ownership and management of hotel properties (Hotel), and the development and sale of residential housing (Development).