Wellard (ASX:WLD) Debt-to-Asset : 0.01 (As of Jun. 2024)

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What is Wellard Debt-to-Asset?

Wellard's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.29 Mil. Wellard's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.11 Mil. Wellard's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2024 was A$63.54 Mil. Wellard's debt to asset for the quarter that ended in Jun. 2024 was 0.01.

Wellard Debt-to-Asset Historical Data

The historical data trend for Wellard's Debt-to-Asset 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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Wellard Debt-to-Asset Chart

Wellard Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Asset

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0.28

0.23

0.12

0.06

0.01

Wellard Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-Asset	Get a 7-Day Free Trial													0.12	0.05	0.06	0.05	0.01

Competitive Comparison of Wellard's Debt-to-Asset

For the Marine Shipping subindustry, Wellard's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Wellard's Debt-to-Asset Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Wellard's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Wellard's Debt-to-Asset falls into.

Wellard Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wellard's Debt-to-Asset for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.294	+	0.114)	/	63.535
	=	0.01

Wellard's Debt-to-Asset for the quarter that ended in Jun. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(0.294	+	0.114)	/	63.535
	=	0.01

Wellard (ASX:WLD) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Wellard Debt-to-Asset Related Terms

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Wellard Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wellard Ltd (ASX:WLD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 High Street, Suite 20, Level 1, Manning Buildings, Fremantle, WA, AUS, 6160

Website

https://www.wellard.com.au

Wellard Ltd is an investment holding company. The company's operating segment includes Chartering and Others. It generates maximum revenue from the Chartering segment. The Chartering segment is engaged in the business of livestock transportation required to deliver livestock globally. The Other segment consists of corporate services. Corporate services consist of a centralized support function that provides specialised services across several disciplines to the rest of the Group, including human resources, finance and payroll, information technology and communication, legal services and the board of directors. Geographically, it derives a majority of its revenue from Singapore.

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