WXT (Wuxin Technology Holdings) Debt-to-Equity: 0.18 (As of Dec. 2021)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Wuxin Technology Holdings Debt-to-Equity?

Wuxin Technology Holdings WXT Debt-to-Equity is 0.18 as of Dec. 2021.

Wuxin Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $3.74 Mil. Wuxin Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was $0.77 Mil. Wuxin Technology Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2021 was $24.83 Mil. Wuxin Technology Holdings's debt to equity for the quarter that ended in Dec. 2021 was 0.18.

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

WXT's Debt-to-Equity is not ranked *
in the Hardware industry.
Industry Median: 0.27
* Ranked among companies with meaningful Debt-to-Equity only.

Wuxin Technology Holdings  (NAS:WXT) 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.

Wuxin Technology Holdings Debt-to-Equity Related Terms

Wuxin Technology Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Wuxin Technology Holdings'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.

Wuxin Technology Holdings Debt-to-Equity Chart

Wuxin Technology Holdings Annual Data
Trend Jun20 Jun21
Debt-to-Equity
0.20 0.17

Wuxin Technology Holdings Quarterly Data
Jun20 Dec20 Jun21 Dec21
Debt-to-Equity 0.20 N/A 0.17 0.18

WXT vs : Debt-to-Equity Comparison

For the Communication Equipment subindustry, Wuxin Technology Holdings'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.

Wuxin Technology Holdings Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Wuxin Technology Holdings's Debt-to-Equity distribution charts can be found below:

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


Wuxin Technology Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wuxin Technology Holdings's Debt to Equity Ratio for the fiscal year that ended in Jun. 2021 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
=(2.802 + 0.525) / 19.52
=0.17

Wuxin Technology Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2021 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
=(3.741 + 0.765) / 24.832
=0.18

* 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 0.18 mean?
Wuxin Technology Holdings (WXT) has a Debt-to-Equity of 0.18 as of Dec. 2021. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wuxin Technology Holdings and its competitors.
Is Wuxin Technology Holdings' Debt-to-Equity too high?
Wuxin Technology Holdings' current Debt-to-Equity is 0.18. The Hardware industry median Debt-to-Equity is 0.27. Wuxin Technology Holdings' value of 0.18 is 33.3% below this industry median.
How does Wuxin Technology Holdings' Debt-to-Equity compare to ?
Wuxin Technology Holdings' Debt-to-Equity of 0.18 can be compared against companies in the Hardware industry. The industry median Debt-to-Equity is 0.27. Wuxin Technology Holdings' value of 0.18 is 33.3% below 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 a Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 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. Wuxin Technology Holdings's current Debt-to-Equity of 0.18 is 33.3% 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 Wuxin Technology Holdings and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wuxin Technology Holdings's current Debt-to-Equity is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wuxin Technology Holdings stock overvalued right now?
Wuxin Technology Holdings (WXT) has a current Debt-to-Equity of 0.18. The current Debt-to-Equity is 0.18 and 33.3% below the Hardware industry median of 0.27. 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 Wuxin Technology Holdings (WXT), the current Debt-to-Equity is 0.18 as of Dec. 2021. 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.

Wuxin Technology Holdings Business Description

Comparable Companies
Address No. 2 Qiongyu Road, Nanshan District, Tefa Information and Technology Plaza, Floor 15, Shenzhen, CHN, 518052
Wuxin Technology Holdings Inc is engaged in providing Internet of Things connectivity solutions. The company has developed an ant delete center (ADC) protocol, which is a wireless, decentralized, and ad hoc protocol derived from the foraging principle of ant colonies, and allows an IoT network of numerous nodes to efficiently detect the shortest path of data transmission and decentralize the control.