WLGSF (WANG & LEE Group) Debt-to-Asset : 0.28 (As of Dec. 2024)

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What is WANG & LEE Group Debt-to-Asset?

WANG & LEE Group WLGSF Debt-to-Asset is 0.28 as of Dec. 2024.

WANG & LEE Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1.99 Mil. WANG & LEE Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.47 Mil. WANG & LEE Group's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was $8.72 Mil. WANG & LEE Group's debt to asset for the quarter that ended in Dec. 2024 was 0.28.

WANG & LEE Group  (OTCPK:WLGSF) 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.

WANG & LEE Group Debt-to-Asset Related Terms

WANG & LEE Group Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for WANG & LEE Group'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.

WANG & LEE Group Debt-to-Asset Chart

WANG & LEE Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Asset
0.17 0.42 0.36 0.17 0.28

WANG & LEE Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only 0.36 0.13 0.17 0.22 0.28

WLGSF vs PWR, FIX, EME: Debt-to-Asset Comparison

For the Engineering & Construction subindustry, WANG & LEE Group'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.

WANG & LEE Group Debt-to-Asset vs Construction Industry

For the Construction industry and Industrials sector, WANG & LEE Group's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where WANG & LEE Group's Debt-to-Asset falls into.


WANG & LEE Group Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

WANG & LEE Group's Debt-to-Asset for the fiscal year 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
=(1.991 + 0.472) / 8.721
=0.28

WANG & LEE Group'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
=(1.991 + 0.472) / 8.721
=0.28

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.28 mean?
WANG & LEE Group (WLGSF) has a Debt-to-Asset of 0.28 as of Dec. 2024. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on WANG & LEE Group and its competitors.
Is WANG & LEE Group's Debt-to-Asset too high?
WANG & LEE Group's current Debt-to-Asset is 0.28.
How does WANG & LEE Group's Debt-to-Asset compare to PWR and FIX?
WANG & LEE Group's Debt-to-Asset of 0.28 can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Construction company?
A good Debt-to-Asset depends on the Construction industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on WANG & LEE Group and its competitors. WANG & LEE Group's current Debt-to-Asset is 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WANG & LEE Group stock overvalued right now?
WANG & LEE Group (WLGSF) has a current Debt-to-Asset of 0.28. The current Debt-to-Asset is 0.28. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For WANG & LEE Group (WLGSF), the current Debt-to-Asset is 0.28 as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

WANG & LEE Group Business Description

Address 3 Tai Yip Street, 5th & 6th Floor, Wing Tai Factory Building, Kwun Tong, Kowloon, Hong Kong, HKG
WANG & LEE Group Inc operates as an investment holding company. The firm conducts its primary operations through its indirectly wholly owned subsidiary WANG and LEE CONTRACTING LIMITED. WLHK provides contract engineering, installation, and out-fitting of the following products and services: low voltage electrical systems, mechanical ventilation and air-conditioning systems (MVAC), fire safety systems, water supply and sewage disposal systems, and site project management.