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Wilmington Capital Management (TSX:WCM.B) Liabilities-to-Assets : 0.03 (As of Jun. 2023)


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What is Wilmington Capital Management Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Wilmington Capital Management's Total Liabilities for the quarter that ended in Jun. 2023 was C$2.34 Mil. Wilmington Capital Management's Total Assets for the quarter that ended in Jun. 2023 was C$70.51 Mil. Therefore, Wilmington Capital Management's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 was 0.03.


Wilmington Capital Management Liabilities-to-Assets Historical Data

The historical data trend for Wilmington Capital Management's Liabilities-to-Assets 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.

Wilmington Capital Management Liabilities-to-Assets Chart

Wilmington Capital Management Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.02 0.02 0.03 0.04

Wilmington Capital Management Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.03 0.04 0.03 0.04

Competitive Comparison of Wilmington Capital Management's Liabilities-to-Assets

For the Asset Management subindustry, Wilmington Capital Management's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Wilmington Capital Management's Liabilities-to-Assets Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Wilmington Capital Management's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Wilmington Capital Management's Liabilities-to-Assets falls into.



Wilmington Capital Management Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Wilmington Capital Management's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Liabilities-to-Assets (A: Dec. 2023 )=Total Liabilities/Total Assets
=2.867/74.17
=0.04

Wilmington Capital Management's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2023 is calculated as

Liabilities-to-Assets (Q: Jun. 2023 )=Total Liabilities/Total Assets
=2.342/70.505
=0.03

* 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.


Wilmington Capital Management  (TSX:WCM.B) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Wilmington Capital Management Liabilities-to-Assets Related Terms

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Wilmington Capital Management (TSX:WCM.B) Business Description

Traded in Other Exchanges
Address
3282 Ogdens Beach Road, Midland, ON, CAN, L4R 4K3
Wilmington Capital Management Inc is a Canada based investment and asset management company. Its principal objective is to seek out investment opportunities in the alternative asset classes and in the energy sector through private equity funds, which provide shareholders with capital appreciation over the longer term as opposed to current income returns. The corporation invests its own capital alongside partners and co-investors, in hard assets and private equity funds and manages these assets through operating entities.

Wilmington Capital Management (TSX:WCM.B) Headlines

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