Wiziboat (XPAR:MLWIZ) Debt-to-Equity : -0.03 (As of Mar. 2023)

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What is Wiziboat Debt-to-Equity?

Wiziboat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €0.02 Mil. Wiziboat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was €0.00 Mil. Wiziboat's Total Stockholders Equity for the quarter that ended in Mar. 2023 was €-0.58 Mil. Wiziboat's debt to equity for the quarter that ended in Mar. 2023 was -0.03.

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

XPAR:MLWIZ' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.22 Med: -0.22 Max: -0.22
Current: -0.03

During the past 4 years, the highest Debt-to-Equity Ratio of Wiziboat was -0.22. The lowest was -0.22. And the median was -0.22.

XPAR:MLWIZ's Debt-to-Equity is not ranked
in the Business Services industry.
Industry Median: 0.385 vs XPAR:MLWIZ: -0.03

Wiziboat Debt-to-Equity Historical Data

The historical data trend for Wiziboat'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.

Wiziboat Debt-to-Equity Chart

Wiziboat Annual Data

Trend

Dec19

Dec20

Mar21

Mar22

Debt-to-Equity

-0.22

Wiziboat Semi-Annual Data
	Dec19	Dec20	Dec21	Mar23
Debt-to-Equity	-0.22	-	-	-0.03

Competitive Comparison of Wiziboat's Debt-to-Equity

For the Rental & Leasing Services subindustry, Wiziboat'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.

Wiziboat's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Wiziboat's Debt-to-Equity distribution charts can be found below:

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

Wiziboat Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wiziboat's Debt to Equity Ratio for the fiscal year that ended in Mar. 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
	=	(0.074	+	0)	/	-0.337
	=	-0.22

Wiziboat's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(0.018	+	0)	/	-0.582
	=	-0.03

Wiziboat (XPAR:MLWIZ) 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.

Wiziboat Debt-to-Equity Related Terms

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

Wiziboat (XPAR:MLWIZ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Wiziboat SA (XPAR:MLWIZ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

97 Avenue Jean De Lattre de Tassigny, Cannes, FRA, 06400

Website

https://www.wiziboat.com

Wiziboat SA specializes in short-term rentals of shared self-service boats. The company offers an application that enables users to reserve boats in approximately thirty ports in France, to check in and check out remotely, to start the selected boat and even to track it using GPS all throughout the trip.

Wiziboat (XPAR:MLWIZ) Headlines

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