CHMJF (Waverunner Capital) Debt-to-Equity: -0.66 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Waverunner Capital Debt-to-Equity?

Waverunner Capital CHMJF Debt-to-Equity is -0.66 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 952 Asset Management companies, Waverunner Capital ranks worse than 105041.91% on this metric.

Waverunner Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Waverunner Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.32 Mil. Waverunner Capital's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-0.49 Mil. Waverunner Capital's debt to equity for the quarter that ended in Mar. 2026 was -0.66.

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 Waverunner Capital's Debt-to-Equity or its related term are showing as below:

CHMJF' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.59   Med: -1.07   Max: 59.98
Current: -0.66

During the past 13 years, the highest Debt-to-Equity Ratio of Waverunner Capital was 59.98. The lowest was -17.59. And the median was -1.07.

CHMJF's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.21 vs CHMJF: -0.66

Waverunner Capital  (OTCPK:CHMJF) 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.


Waverunner Capital Debt-to-Equity Related Terms


Waverunner Capital Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Waverunner Capital'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.

Waverunner Capital Debt-to-Equity Chart

Waverunner Capital Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.66 -1.27 -1.11 -1.63 -0.54

Waverunner Capital Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.63 -0.54 -0.53 -0.70 -0.66

CHMJF vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, Waverunner Capital'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.


Waverunner Capital Debt-to-Equity vs Asset Management Industry

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

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



Waverunner Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waverunner Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Waverunner Capital's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of -0.66 mean?
Waverunner Capital (CHMJF) has a Debt-to-Equity of -0.66 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Waverunner Capital and its competitors. According to the industry distribution chart, Waverunner Capital ranks #999999 out of 952 companies in the Asset Management industry.
Is Waverunner Capital's Debt-to-Equity too high?
Waverunner Capital's current Debt-to-Equity is -0.66. Based on the distribution chart, Waverunner Capital ranks #999999 out of 952 companies in the Asset Management industry, which is in the bottom quartile relative to peers.
How does Waverunner Capital's Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Waverunner Capital ranks #999999 out of 952 companies for Debt-to-Equity. This places Waverunner Capital in the lower half of its industry. The industry median Debt-to-Equity is 0.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 952 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Waverunner Capital and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Waverunner Capital's current Debt-to-Equity is -0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Waverunner Capital stock overvalued right now?
Waverunner Capital (CHMJF) has a current Debt-to-Equity of -0.66. The current Debt-to-Equity is -0.66. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Waverunner Capital (CHMJF), the current Debt-to-Equity is -0.66 as of Mar. 2026. 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.

Waverunner Capital Business Description

Other Exchanges WRUN:Canada
Address 828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9
Waverunner Capital Inc is a venture capital investment company that focuses on opportunistic investments across a broad range of industries, and is seeking to invest in early stage, helping companies where it may be the primary investor and can additionally provide investees with advisory services, mentoring and access to the company's management expertise. The Company operates in one reportable segment, being the business of investment in early stage companies.