Wisynco Group (XJAM:WISYNCO) Debt-to-Equity : 0.13 (As of Jun. 2024)

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What is Wisynco Group Debt-to-Equity?

Wisynco Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JMD1,034 Mil. Wisynco Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JMD2,267 Mil. Wisynco Group's Total Stockholders Equity for the quarter that ended in Jun. 2024 was JMD24,768 Mil. Wisynco Group's debt to equity for the quarter that ended in Jun. 2024 was 0.13.

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

XJAM:WISYNCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.18 Max: 0.29
Current: 0.13

During the past 8 years, the highest Debt-to-Equity Ratio of Wisynco Group was 0.29. The lowest was 0.09. And the median was 0.18.

XJAM:WISYNCO's Debt-to-Equity is ranked better than
67.74% of 93 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 0.27 vs XJAM:WISYNCO: 0.13

Wisynco Group Debt-to-Equity Historical Data

The historical data trend for Wisynco Group'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.

Wisynco Group Debt-to-Equity Chart

Wisynco Group Annual Data

Trend

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Debt-to-Equity

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0.18

0.14

0.09

0.19

0.13

Wisynco Group Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Debt-to-Equity	Get a 7-Day Free Trial															0.19	0.18	0.16	0.14	0.13

Competitive Comparison of Wisynco Group's Debt-to-Equity

For the Beverages - Non-Alcoholic subindustry, Wisynco Group'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.

Wisynco Group's Debt-to-Equity Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Wisynco Group's Debt-to-Equity distribution charts can be found below:

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

Wisynco Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wisynco Group'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
	=	(1033.577	+	2266.676)	/	24767.785
	=	0.13

Wisynco Group's Debt to Equity Ratio for the quarter 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
	=	(1033.577	+	2266.676)	/	24767.785
	=	0.13

Wisynco Group (XJAM:WISYNCO) 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.

Wisynco Group Debt-to-Equity Related Terms

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

Wisynco Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Wisynco Group Ltd (XJAM:WISYNCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lakespen, St. Catherine, JAM

Website

https://www.wisynco.com

Wisynco Group Ltd is a manufacturer and distributor. The major activities of the company involve the bottling and distribution of purified water and beverages, the distribution and retailing of food items and the provision of insurance services. The company also manufactures plastic, foam packing, and disposable products mainly used in the retail, food service, and tourism industries. The Brands associated with the firm are WATA, Bigga, Boom, Sweet, Squeezz, and others. It imports grocery items from Nestle, Kellogg's, and General Mills.

Wisynco Group Headlines

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