Wiseway Group (ASX:WWG) Debt-to-Equity : 1.86 (As of Dec. 2024)

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What is Wiseway Group Debt-to-Equity?

Wiseway Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$5.8 Mil. Wiseway Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$31.8 Mil. Wiseway Group's Total Stockholders Equity for the quarter that ended in Dec. 2024 was A$20.1 Mil. Wiseway Group's debt to equity for the quarter that ended in Dec. 2024 was 1.86.

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 Wiseway Group's Debt-to-Equity or its related term are showing as below:

ASX:WWG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.28 Med: 1.38 Max: 2.11
Current: 1.86

During the past 6 years, the highest Debt-to-Equity Ratio of Wiseway Group was 2.11. The lowest was 0.28. And the median was 1.38.

ASX:WWG's Debt-to-Equity is ranked worse than
87.1% of 899 companies
in the Transportation industry
Industry Median: 0.51 vs ASX:WWG: 1.86

Wiseway Group Debt-to-Equity Historical Data

The historical data trend for Wiseway Group'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.

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Wiseway Group Debt-to-Equity Chart

Wiseway Group Annual Data

Trend

Jun18

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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1.34

1.12

1.38

1.91

1.58

Wiseway Group Semi-Annual Data
	Jun18	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial								2.11	1.91	1.78	1.58	1.86

Competitive Comparison of Wiseway Group's Debt-to-Equity

For the Integrated Freight & Logistics subindustry, Wiseway Group'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.

Wiseway Group's Debt-to-Equity Distribution in the Transportation Industry

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

* The bar in red indicates where Wiseway Group's Debt-to-Equity falls into.

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Wiseway Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wiseway Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
	=	(12.874	+	17.163)	/	19.009
	=	1.58

Wiseway Group's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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
	=	(5.764	+	31.779)	/	20.147
	=	1.86

Wiseway Group (ASX:WWG) 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.

Wiseway Group Debt-to-Equity Related Terms

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Wiseway Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Wiseway Group Ltd (ASX:WWG) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

39-43 Warren Avenue, Bankstown, Sydney, NSW, AUS, 2200

Website

https://www.wiseway.com.au

Wiseway Group Ltd operates as a freight forwarding company in Australia. It provides movement and logistics of goods by freight to cater to the needs of those interstate or overseas. Its main source of revenue is from freight forwarding services, which may include general cargo, time-sensitive perishables cargo, and domestic transport services. The dominating revenue is generated from the air freight general cargo services. Geographically, the company derives a majority of its revenue from Australia and New Zealand and the rest from China, Singapore, and the United States of America.

Wiseway Group Headlines

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