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WestAmerica (WestAmerica) Debt-to-Equity : 0.32 (As of Dec. 2097)


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What is WestAmerica Debt-to-Equity?

WestAmerica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2097 was $0.10 Mil. WestAmerica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2097 was $0.70 Mil. WestAmerica's Total Stockholders Equity for the quarter that ended in Dec. 2097 was $2.50 Mil. WestAmerica's debt to equity for the quarter that ended in Dec. 2097 was 0.32.

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

WACC's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

WestAmerica Debt-to-Equity Historical Data

The historical data trend for WestAmerica'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.

WestAmerica Debt-to-Equity Chart

WestAmerica Annual Data
Trend Mar90 Mar91 Mar92 Mar93 Mar94 Mar95 Mar96 Mar97
Debt-to-Equity
Get a 7-Day Free Trial 0.46 0.19 0.29 0.22 0.25

WestAmerica Quarterly Data
Mar93 Jun93 Sep93 Dec93 Mar94 Jun94 Sep94 Dec94 Mar95 Jun95 Sep95 Dec95 Mar96 Jun96 Sep96 Dec96 Mar97 Jun97 Sep97 Dec97
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 0.29 0.25 0.23 0.21 0.32

Competitive Comparison of WestAmerica's Debt-to-Equity

For the Oil & Gas E&P subindustry, WestAmerica'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.


WestAmerica's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, WestAmerica's Debt-to-Equity distribution charts can be found below:

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



WestAmerica Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WestAmerica's Debt to Equity Ratio for the fiscal year that ended in Mar. 2097 is calculated as

WestAmerica's Debt to Equity Ratio for the quarter that ended in Dec. 2097 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.


WestAmerica  (OTCPK:WACC) 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.


WestAmerica Debt-to-Equity Related Terms

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


WestAmerica (WestAmerica) Business Description

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