Wavefront Technology Solutions (TSXV:WEE.H) Debt-to-Equity : 0.57 (As of May. 2022)

View and export this data going back to 1985. Start your Free Trial

What is Wavefront Technology Solutions Debt-to-Equity?

Wavefront Technology Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was C$0.10 Mil. Wavefront Technology Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was C$0.32 Mil. Wavefront Technology Solutions's Total Stockholders Equity for the quarter that ended in May. 2022 was C$0.74 Mil. Wavefront Technology Solutions's debt to equity for the quarter that ended in May. 2022 was 0.57.

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 Wavefront Technology Solutions's Debt-to-Equity or its related term are showing as below:

TSXV:WEE.H's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.44
* Ranked among companies with meaningful Debt-to-Equity only.

Wavefront Technology Solutions Debt-to-Equity Historical Data

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Debt-to-Equity Chart

Wavefront Technology Solutions Annual Data

Trend

Aug12

Aug13

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Debt-to-Equity

Get a 7-Day Free Trial

0.02

0.37

Wavefront Technology Solutions Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Debt-to-Equity	Get a 7-Day Free Trial															0.33	0.37	0.31	0.38	0.57

Competitive Comparison of Wavefront Technology Solutions's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Debt-to-Equity distribution charts can be found below:

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

Wavefront Technology Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wavefront Technology Solutions's Debt to Equity Ratio for the fiscal year that ended in Aug. 2021 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
	=	(0.097	+	0.398)	/	1.335
	=	0.37

Wavefront Technology Solutions's Debt to Equity Ratio for the quarter that ended in May. 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
	=	(0.103	+	0.32)	/	0.739
	=	0.57

Wavefront Technology Solutions (TSXV:WEE.H) 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.

Wavefront Technology Solutions Debt-to-Equity Related Terms

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

Wavefront Technology Solutions (TSXV:WEE.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wavefront Technology Solutions Inc (TSXV:WEE.H) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

70 Street North West, Suite 5621, Edmonton, AB, CAN, T6B 3P6

Website

https://www.onthewavefront.com

Wavefront Technology Solutions Inc is a technology company providing solutions to oil and gas exploration and production companies to maximize oil and gas production. It has two processes namely the Powerwave process which is an injection technology that improves the flow of fluids in geological materials including sedimentary soils and fractured rock, and Primawave process which is an effective method for aiding in-situ (in-ground) environmental groundwater remediation clean-up strategies in contaminated sites. Geographically it earns key revenue from the Middle East.

Wavefront Technology Solutions (TSXV:WEE.H) Headlines

No Headlines