Wellfield Technologies (TSXV:WFLD) Debt-to-Asset : 0.87 (As of Dec. 2024)

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What is Wellfield Technologies Debt-to-Asset?

Wellfield Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$7.35 Mil. Wellfield Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$6.64 Mil. Wellfield Technologies's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was C$16.01 Mil. Wellfield Technologies's debt to asset for the quarter that ended in Dec. 2024 was 0.87.

Wellfield Technologies Debt-to-Asset Historical Data

The historical data trend for Wellfield Technologies'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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Wellfield Technologies Debt-to-Asset Chart

Wellfield Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Mar23

Mar24

Debt-to-Asset

0.05

0.77

Wellfield Technologies Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial													0.30	0.77	0.76	0.79	0.87

Competitive Comparison of Wellfield Technologies's Debt-to-Asset

For the Software - Application subindustry, Wellfield Technologies'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.

Wellfield Technologies's Debt-to-Asset Distribution in the Software Industry

For the Software industry and Technology sector, Wellfield Technologies's Debt-to-Asset distribution charts can be found below:

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

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Wellfield Technologies Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Wellfield Technologies's Debt-to-Asset for the fiscal year that ended in Mar. 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
	=	(6.133	+	6.636)	/	16.664
	=	0.77

Wellfield Technologies's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(7.345	+	6.636)	/	16.005
	=	0.87

Wellfield Technologies (TSXV:WFLD) 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.

Wellfield Technologies Debt-to-Asset Related Terms

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Wellfield Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wellfield Technologies Inc (TSXV:WFLD) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

WFLDF:USA K8D:Germany

Address

666 Burrard Street, Suite 2500, Vancouver, BC, CAN, V6C 2X8

Website

https://www.wellfield.io

Wellfield Technologies Inc is engaged in decentralized finance (DeFi) by building open and accessible decentralized protocols and also blockchain-based consumer products. The company's brands include Seamless - the company's protocol layer and MoneyClip - the company's application layer brand. The company's brands include Coinmama, Wellfield Capital, and Wellfield Gold.

Executives

Levy Cohen	10% Security Holder, Director, Senior Officer
Kristina Heidi Bates	Director
Marc Lustig	10% Security Holder

Wellfield Technologies Headlines

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