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The Westaim (FRA:WEM1) Debt-to-Equity : 0.00 (As of Sep. 2024)


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What is The Westaim Debt-to-Equity?

The Westaim's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. The Westaim's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.02 Mil. The Westaim's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €460.56 Mil. The Westaim's debt to equity for the quarter that ended in Sep. 2024 was 0.00.

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 The Westaim's Debt-to-Equity or its related term are showing as below:

FRA:WEM1's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

The Westaim Debt-to-Equity Historical Data

The historical data trend for The Westaim'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.

The Westaim Debt-to-Equity Chart

The Westaim Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
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The Westaim Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of The Westaim's Debt-to-Equity

For the Asset Management subindustry, The Westaim'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.


The Westaim's Debt-to-Equity Distribution in the Asset Management Industry

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

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



The Westaim Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

The Westaim's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

The Westaim's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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.


The Westaim  (FRA:WEM1) 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.


The Westaim Debt-to-Equity Related Terms

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


The Westaim Business Description

Traded in Other Exchanges
Address
70 York Street, Suite 1700, Toronto, ON, CAN, M5J 1S9
The Westaim Corp is a Canada-based investment company, engaged in providing long-term capital to businesses operating mainly within the financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures, and other arrangements, to provide its shareholders with capital appreciation and real wealth preservation. The group seeks to acquire debt, equity, or derivative securities of both public and private companies. The company derives revenue mostly from interest income and dividend income. Geographically, it has a business presence in the U.S., Asia Pacific, Canada, Europe, and other countries.

The Westaim Headlines

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