Watawala Plantations (COL:WATA.N0000) Debt-to-Equity : 0.10 (As of Mar. 2024)

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What is Watawala Plantations Debt-to-Equity?

Watawala Plantations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු173 Mil. Watawala Plantations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was රු441 Mil. Watawala Plantations's Total Stockholders Equity for the quarter that ended in Mar. 2024 was රු6,189 Mil. Watawala Plantations's debt to equity for the quarter that ended in Mar. 2024 was 0.10.

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 Watawala Plantations's Debt-to-Equity or its related term are showing as below:

COL:WATA.N0000' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.17 Max: 0.45
Current: 0.1

During the past 13 years, the highest Debt-to-Equity Ratio of Watawala Plantations was 0.45. The lowest was 0.05. And the median was 0.17.

COL:WATA.N0000's Debt-to-Equity is ranked better than
80.47% of 1654 companies
in the Consumer Packaged Goods industry
Industry Median: 0.4 vs COL:WATA.N0000: 0.10

Watawala Plantations Debt-to-Equity Historical Data

The historical data trend for Watawala Plantations'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.

* Premium members only.

Watawala Plantations Debt-to-Equity Chart

Watawala Plantations Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Debt-to-Equity

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0.27

0.17

0.09

0.05

0.10

Watawala Plantations Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															0.05	0.08	0.07	0.10	0.10

Competitive Comparison of Watawala Plantations's Debt-to-Equity

For the Farm Products subindustry, Watawala Plantations'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.

Watawala Plantations's Debt-to-Equity Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Watawala Plantations's Debt-to-Equity distribution charts can be found below:

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

Watawala Plantations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Watawala Plantations's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(173.321	+	440.682)	/	6188.71
	=	0.10

Watawala Plantations's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(173.321	+	440.682)	/	6188.71
	=	0.10

Watawala Plantations (COL:WATA.N0000) 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.

Watawala Plantations Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Watawala Plantations's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Watawala Plantations (COL:WATA.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Watawala Plantations PLC (COL:WATA.N0000) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

No 60, Dharmapala Mawatha, Colombo, LKA, 03

Website

https://www.watawalaplantations.lk

Watawala Plantations PLC engages in the provision of agricultural products. It operates through the following segments: Palm Oil, Dairy, and others. Its Dairy segment provides various dairy products. The Palm Oil segment includes producing crude and kernel palm oil and generates the majority of revenue for the company. It is also involved in the marketing of tea products.

Watawala Plantations (COL:WATA.N0000) Headlines

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