Waddell & Reed Financial (Waddell & Reed Financial) Debt-to-Equity : 0.00 (As of Mar. 2021)

View and export this data going back to 1998. Start your Free Trial

What is Waddell & Reed Financial Debt-to-Equity?

Waddell & Reed Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0 Mil. Waddell & Reed Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was $0 Mil. Waddell & Reed Financial's Total Stockholders Equity for the quarter that ended in Mar. 2021 was $709 Mil. Waddell & Reed Financial's debt to equity for the quarter that ended in Mar. 2021 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Waddell & Reed Financial was 5.78. The lowest was -1.52. And the median was 0.43.

WDR's Debt-to-Equity is not ranked ^*
in the Asset Management industry.
Industry Median: 0.19
* Ranked among companies with meaningful Debt-to-Equity only.

Waddell & Reed Financial Debt-to-Equity Historical Data

The historical data trend for Waddell & Reed 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.

Waddell & Reed Financial Debt-to-Equity Chart

Waddell & Reed Financial Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.22

0.11

0.12

0.13

Waddell & Reed Financial Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Debt-to-Equity	Get a 7-Day Free Trial															0.12	0.12	0.13	0.13	-

Competitive Comparison of Waddell & Reed Financial's Debt-to-Equity

For the Asset Management subindustry, Waddell & Reed 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.

Waddell & Reed Financial's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Waddell & Reed Financial's Debt-to-Equity distribution charts can be found below:

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

Waddell & Reed Financial Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waddell & Reed Financial's Debt to Equity Ratio for the fiscal year that ended in Dec. 2020 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
	=	(94.997	+	0)	/	727.757
	=	0.13

Waddell & Reed Financial's Debt to Equity Ratio for the quarter that ended in Mar. 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	+	0)	/	709.374
	=	0.00

Waddell & Reed Financial (NYSE:WDR) 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.

Waddell & Reed Financial Debt-to-Equity Related Terms

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

Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Waddell & Reed Financial Inc (NYSE:WDR) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

6300 Lamar Avenue, Overland Park, KS, USA, 66202

Website

https://www.waddell.com

Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.

Executives

Daniel P Hanson	officer: SVP & CIO	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle	officer: SVP, GC, CLO and Secretary	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal	officer: SVP - Wealth Management	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham	officer: SVP - Distribution	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers	officer: SVP and CAO	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse	officer: SVP & CFO	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley	officer: VP - Chief Acct Off,IR & Treas	11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss	officer: President	6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders	director, officer: CEO	6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A.	director	100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K	director	2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway	director	ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee	director	6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff	director	6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky	director	6300 LAMAR AVENUE OVERLAND PARK KS 66202