The Western Investment Co of Canada (TSXV:WI) LT-Debt-to-Total-Asset : 0.01 (As of Mar. 2025)

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What is The Western Investment Co of Canada LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. The Western Investment Co of Canada's long-term debt to total assests ratio for the quarter that ended in Mar. 2025 was 0.01.

The Western Investment Co of Canada's long-term debt to total assets ratio declined from Mar. 2024 (0.35) to Mar. 2025 (0.01). It may suggest that The Western Investment Co of Canada is progressively becoming less dependent on debt to grow their business.

The Western Investment Co of Canada LT-Debt-to-Total-Asset Historical Data

The historical data trend for The Western Investment Co of Canada's LT-Debt-to-Total-Asset 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.

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The Western Investment Co of Canada LT-Debt-to-Total-Asset Chart

The Western Investment Co of Canada Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

LT-Debt-to-Total-Asset

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0.23

0.25

0.33

0.34

0.06

The Western Investment Co of Canada Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.35	0.37	0.36	0.06	0.01

The Western Investment Co of Canada LT-Debt-to-Total-Asset Calculation

The Western Investment Co of Canada's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

LT Debt to Total Assets (A: Dec. 2024 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2024 )	/	Total Assets (A: Dec. 2024 )
	=	5.907	/	103.745
	=	0.06

The Western Investment Co of Canada's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2025 is calculated as

LT Debt to Total Assets (Q: Mar. 2025 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2025 )	/	Total Assets (Q: Mar. 2025 )
	=	1.014	/	105.756
	=	0.01

The Western Investment Co of Canada (TSXV:WI) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

The Western Investment Co of Canada LT-Debt-to-Total-Asset Related Terms

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The Western Investment Co of Canada Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » The Western Investment Co of Canada Ltd (TSXV:WI) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

WIVCF:USA

Address

95 St Clair Avenue West, Suite 1700, Toronto, ON, CAN, M3V 1N6

Website

https://www.winv.ca

The Western Investment Co of Canada Ltd is a Canada-based insurance and investments holding company focused on decentralized ownership of insurance businesses and centralized investment management. Through its wholly owned subsidiary, the company is involved in property and other insurance business offering niche products, including accident & sickness, automobile, boiler & machinery, fidelity, legal expense, liability, marine, and surety. In addition, the company has a non-controlling interest investment in a number of companies.

Executives

Scott Tannas	Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Stacey Cross	Senior Officer
Shafeen Ashraf Mawani	Senior Officer
Jennie Polyxeni Moushos	Director
James Francis Dinning	Director

The Western Investment Co of Canada Headlines

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