WFTSF (Wavefront Technology Solutions) Debt-to-Equity: 0.57 (As of May. 2022)

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WFTSF Wavefront Technology Solutions Inc WFTSF
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What is Wavefront Technology Solutions Debt-to-Equity?

Wavefront Technology Solutions WFTSF -99.00% 12 Debt-to-Equity is 0.57 as of May. 2022. GuruFocus rates WFTSF with a GF Score™ of 12/100.

Wavefront Technology Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $0.08 Mil. Wavefront Technology Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2022 was $0.25 Mil. Wavefront Technology Solutions's Total Stockholders Equity for the quarter that ended in May. 2022 was $0.58 Mil. Wavefront Technology Solutions's debt to equity for the quarter that ended in May. 2022 was 0.57.

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 Wavefront Technology Solutions's Debt-to-Equity or its related term are showing as below:

WFTSF's Debt-to-Equity is not ranked *
in the Oil & Gas industry.
Industry Median: 0.46
* Ranked among companies with meaningful Debt-to-Equity only.

Wavefront Technology Solutions  (OTCPK:WFTSF) 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.


Wavefront Technology Solutions Debt-to-Equity Related Terms


Wavefront Technology Solutions Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Debt-to-Equity Chart

Wavefront Technology Solutions Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.02 0.37

Wavefront Technology Solutions Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 0.33 0.37 0.31 0.38 0.57

WFTSF vs VYEY, ENSV, GWTI: Debt-to-Equity Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.


Wavefront Technology Solutions Debt-to-Equity vs Oil & Gas Industry

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

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


WFTSF
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Wavefront Technology Solutions Inc WFTSF
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Wavefront Technology Solutions Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wavefront Technology Solutions's Debt to Equity Ratio for the fiscal year that ended in Aug. 2021 is calculated as

Wavefront Technology Solutions's Debt to Equity Ratio for the quarter that ended in May. 2022 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.57 mean?
Wavefront Technology Solutions (WFTSF) has a Debt-to-Equity of 0.57 as of May. 2022. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wavefront Technology Solutions and its competitors.
Is Wavefront Technology Solutions' Debt-to-Equity too high?
Wavefront Technology Solutions' current Debt-to-Equity is 0.57. The Oil & Gas industry median Debt-to-Equity is 0.46. Wavefront Technology Solutions' value of 0.57 is 23.9% above this industry median. Overall, Wavefront Technology Solutions has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Wavefront Technology Solutions' Debt-to-Equity compare to VYEY and ENSV?
Wavefront Technology Solutions' Debt-to-Equity of 0.57 can be compared against companies in the Oil & Gas industry. The industry median Debt-to-Equity is 0.46. Wavefront Technology Solutions' value of 0.57 is 23.9% above this benchmark. 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 an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 797 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. Wavefront Technology Solutions's current Debt-to-Equity of 0.57 is 23.9% above 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 Wavefront Technology Solutions and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wavefront Technology Solutions's current Debt-to-Equity is 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wavefront Technology Solutions stock overvalued right now?
Wavefront Technology Solutions (WFTSF) has a current Debt-to-Equity of 0.57. The current Debt-to-Equity is 0.57 and 23.9% above the Oil & Gas industry median of 0.46. Wavefront Technology Solutions' overall GF Score™ is 12/100. 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 Wavefront Technology Solutions (WFTSF), the current Debt-to-Equity is 0.57 as of May. 2022. 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.

Wavefront Technology Solutions Business Description

Industry EnergyOil & Gas
Address 5621 70 Street NW, Edmonton, AB, CAN, T6B 3P6
Wavefront Technology Solutions Inc is a technology-based oil field service provider that offers the oil and gas industry proprietary, technology for oil and gas well stimulation and applications related to IOR/EOR recovery.
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