Waverunner Capital (XCNQ:WRUN) Debt-to-Equity : -0.82 (As of Dec. 2024)

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What is Waverunner Capital Debt-to-Equity?

Waverunner Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Waverunner Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.44 Mil. Waverunner Capital's Total Stockholders Equity for the quarter that ended in Dec. 2024 was C$-0.54 Mil. Waverunner Capital's debt to equity for the quarter that ended in Dec. 2024 was -0.82.

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

XCNQ:WRUN' s Debt-to-Equity Range Over the Past 10 Years
Min: -17.59 Med: -1.09 Max: 59.98
Current: -0.82

During the past 13 years, the highest Debt-to-Equity Ratio of Waverunner Capital was 59.98. The lowest was -17.59. And the median was -1.09.

XCNQ:WRUN's Debt-to-Equity is not ranked
in the Asset Management industry.
Industry Median: 0.19 vs XCNQ:WRUN: -0.82

Waverunner Capital Debt-to-Equity Historical Data

The historical data trend for Waverunner Capital'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.

Waverunner Capital Debt-to-Equity Chart

Waverunner Capital Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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-6.96

-1.66

-1.27

-1.11

-1.63

Waverunner Capital Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															-1.09	-1.05	-1.63	-1.08	-0.82

Competitive Comparison of Waverunner Capital's Debt-to-Equity

For the Asset Management subindustry, Waverunner Capital'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.

Waverunner Capital's Debt-to-Equity Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Waverunner Capital's Debt-to-Equity distribution charts can be found below:

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

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Waverunner Capital Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Waverunner Capital's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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	+	0.444)	/	-0.273
	=	-1.63

Waverunner Capital's Debt to Equity Ratio for the quarter that ended in Dec. 2024 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	+	0.444)	/	-0.542
	=	-0.82

Waverunner Capital (XCNQ:WRUN) 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.

Waverunner Capital Debt-to-Equity Related Terms

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

Waverunner Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Waverunner Capital Inc (XCNQ:WRUN) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

CHMJF:USA CM1:Germany

Address

828 Harbourside Drive, Suite 208, North Vancouver, Vancouver, BC, CAN, V7P 3R9

Website

https://www.waverunnercapital.com

Waverunner Capital Inc is a Canadian investment company whose focus is on opportunistic investments across a broad range of industries and is seeking to invest in early-stage companies. Its Existing holdings are in a consumer-targeted biotechnology venture, a renewable energy developer in the wind and solar sector ("REVV"), a plant-based wellness company ("FUEL"), and an Ontario limited partnership ("ONLP") to take advantage of opportunistic long/short equity opportunities in both potential upside and downside expected price moves.

Executives

Douglas Edward Ford	Director, Senior Officer
Karl Eric Kottmeier	Director
Sheldon J Aberman	Director

Waverunner Capital Headlines

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