WPP Scangroup (NAI:SCAN) Debt-to-Equity : 0.03 (As of Dec. 2023)

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What is WPP Scangroup Debt-to-Equity?

WPP Scangroup's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES109 Mil. WPP Scangroup's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES68 Mil. WPP Scangroup's Total Stockholders Equity for the quarter that ended in Dec. 2023 was KES5,336 Mil. WPP Scangroup's debt to equity for the quarter that ended in Dec. 2023 was 0.03.

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 WPP Scangroup's Debt-to-Equity or its related term are showing as below:

NAI:SCAN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.04 Max: 0.06
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of WPP Scangroup was 0.06. The lowest was 0.02. And the median was 0.04.

NAI:SCAN's Debt-to-Equity is ranked better than
88.5% of 835 companies
in the Media - Diversified industry
Industry Median: 0.29 vs NAI:SCAN: 0.03

WPP Scangroup Debt-to-Equity Historical Data

The historical data trend for WPP Scangroup'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.

WPP Scangroup Debt-to-Equity Chart

WPP Scangroup Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.05

0.04

0.03

WPP Scangroup Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.03	-	0.03	-	0.03

Competitive Comparison of WPP Scangroup's Debt-to-Equity

For the Advertising Agencies subindustry, WPP Scangroup'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.

WPP Scangroup's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, WPP Scangroup's Debt-to-Equity distribution charts can be found below:

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

WPP Scangroup Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WPP Scangroup's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(108.673	+	67.595)	/	5335.916
	=	0.03

WPP Scangroup's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(108.673	+	67.595)	/	5335.916
	=	0.03

WPP Scangroup (NAI:SCAN) 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.

WPP Scangroup Debt-to-Equity Related Terms

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WPP Scangroup (NAI:SCAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » WPP Scangroup Ltd (NAI:SCAN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Valley Road, Upper Hill, The Chancery, 5th Floor, P.O. Box 34537, Nairobi, KEN, 00100

Website

https://www.wpp-scangroup.com

WPP Scangroup Ltd is a company based in Kenya which is engaged in the provision of marketing communication services. The principal activity of the company includes the provision of integrated marketing communication services, which consolidates six disciplines including advertising, branding, consulting, media investment management, advertising research, public relations, digital advertising, and specialty communications. Geographically, the company derives a majority of its revenue from Kenya.