WODI (Water on Demand) Debt-to-Equity: -1.29 (As of Sep. 2023)

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What is Water on Demand Debt-to-Equity?

Water on Demand WODI Debt-to-Equity is -1.29 as of Sep. 2023.

Water on Demand's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $15.91 Mil. Water on Demand's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.00 Mil. Water on Demand's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $-12.31 Mil. Water on Demand's debt to equity for the quarter that ended in Sep. 2023 was -1.29.

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 Water on Demand's Debt-to-Equity or its related term are showing as below:

WODI's Debt-to-Equity is not ranked *
in the Waste Management industry.
Industry Median: 0.58
* Ranked among companies with meaningful Debt-to-Equity only.

Water on Demand  (NAS:WODI) 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.

Water on Demand Debt-to-Equity Related Terms

Water on Demand Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Water on Demand'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.

Water on Demand Debt-to-Equity Chart

Water on Demand Annual Data
Trend Dec21 Dec22
Debt-to-Equity
-0.75 0.47

Water on Demand Quarterly Data
Dec21 Dec22 Sep23
Debt-to-Equity -0.75 0.47 -1.29

WODI vs : Debt-to-Equity Comparison

For the Waste Management subindustry, Water on Demand'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.

Water on Demand Debt-to-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Water on Demand's Debt-to-Equity distribution charts can be found below:

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


Water on Demand Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Water on Demand's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
=(0.2 + 0) / 0.426
=0.47

Water on Demand's Debt to Equity Ratio for the quarter that ended in Sep. 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
=(15.912 + 0) / -12.313
=-1.29

* 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 -1.29 mean?
Water on Demand (WODI) has a Debt-to-Equity of -1.29 as of Sep. 2023. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Water on Demand and its competitors.
Is Water on Demand's Debt-to-Equity too high?
Water on Demand's current Debt-to-Equity is -1.29.
How does Water on Demand's Debt-to-Equity compare to ?
Water on Demand's Debt-to-Equity of -1.29 can be compared against companies in the Waste Management industry. The industry median Debt-to-Equity is 0.58. 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.58, based on 216 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. 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 Water on Demand and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Water on Demand's current Debt-to-Equity is -1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Water on Demand stock overvalued right now?
Water on Demand (WODI) has a current Debt-to-Equity of -1.29. The current Debt-to-Equity is -1.29. 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 Water on Demand (WODI), the current Debt-to-Equity is -1.29 as of Sep. 2023. 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.

Water on Demand Business Description

Comparable Companies
Address 13575 58th Street North, Suite 200, Clearwater, FL, USA, 33760
Water on Demand Inc is engaged in water treatment as a service that is treating and reusing sewage water.