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Western Carriers (India)NSE:WCIL -1.95%36 Debt-to-Equity is 0.26 as of Mar. 2026, which is 57% below its 10-year median of 0.60. GuruFocus rates NSE:WCIL with a GF Score™ of 36/100. The stock has 6 warning signs investors should review. Among 909 Transportation companies, Western Carriers (India) ranks better than 70.85% on this metric.
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 Western Carriers (India)'s Debt-to-Equity or its related term are showing as below:
NSE:WCIL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 0.6 Max: 0.68
Current: 0.26
During the past 7 years, the highest Debt-to-Equity Ratio of Western Carriers (India) was 0.68. The lowest was 0.21. And the median was 0.60.
NSE:WCIL's Debt-to-Equity is ranked better than 70.85% of 909
companies
in the Transportation industry
Industry Median: 0.53
vs NSE:WCIL: 0.26
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.
Western Carriers (India) Debt-to-Equity Related Terms
Western Carriers (India) Debt-to-Equity Historical Data
* 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.
NSE:WCIL vs UPS, FDX, JBHT: Debt-to-Equity Comparison
For the Integrated Freight & Logistics subindustry, Western Carriers (India)'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.
Western Carriers (India) Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Western Carriers (India)'s Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Western Carriers (India)'s Debt-to-Equity falls into.
* 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.
Western Carriers (India) (NSE:WCIL) has a Debt-to-Equity of 0.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Western Carriers (India) and its competitors. This is 57% below median its historical median of 0.60. Over the past decade, Western Carriers (India)'s Debt-to-Equity has ranged from 0.21 to 0.68. According to the industry distribution chart, Western Carriers (India) ranks #265 out of 909 companies in the Transportation industry, placing it in the top 29.2%.
Is Western Carriers (India)'s Debt-to-Equity too high?
Western Carriers (India)'s current Debt-to-Equity of 0.26 is 57% below median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.68. The Transportation industry median Debt-to-Equity is 0.53. Western Carriers (India)'s value of 0.26 is 50.9% below this industry median. Based on the distribution chart, Western Carriers (India) ranks #265 out of 909 companies in the Transportation industry, which is above the industry midpoint. Overall, Western Carriers (India) has a GF Score™ of 36/100, reflecting its overall financial health beyond just this single metric.
How does Western Carriers (India)'s Debt-to-Equity compare to UPS and FDX?
According to the Transportation industry distribution chart, Western Carriers (India) ranks #265 out of 909 companies for Debt-to-Equity. This puts Western Carriers (India) in the upper half of its industry. The industry median Debt-to-Equity is 0.53. Western Carriers (India)'s value of 0.26 is 50.9% below this benchmark. Historically, Western Carriers (India)'s own Debt-to-Equity has ranged from 0.21 to 0.68 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.53, Western Carriers (India) has consistently been below the industry average. 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 a Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 909 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. Western Carriers (India)'s current Debt-to-Equity of 0.26 is 50.9% below the industry median. 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 Western Carriers (India) and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Carriers (India)'s current Debt-to-Equity is 0.26, which is 57% below median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Carriers (India) stock overvalued right now?
Western Carriers (India) (NSE:WCIL) has a current Debt-to-Equity of 0.26. The current Debt-to-Equity is 0.26, which is 57% below median its 10-year median of 0.60 and 50.9% below the Transportation industry median of 0.53. Western Carriers (India)'s overall GF Score™ is 36/100 with 6 warning signs to review. 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 Western Carriers (India) (NSE:WCIL), the current Debt-to-Equity is 0.26 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.
Western Carriers (India) Ltd is a private, asset-light 4PL logistics company focused on rail-based multi-modal transportation. With expertise in road, rail, and sea/river movement, it handles domestic and EXIM cargo across India. The company offers a comprehensive range of logistics services, including single window logistics, multimodal transport, rail and road transport, cargo handling, customs house agency, ocean and air freight, and warehousing. As a key player in the Indian logistics industry, the company provides integrated transportation, warehousing, and ancillary services to meet diverse customer needs.
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