WSP Global (WSP Global) LT-Debt-to-Total-Asset : 0.25 (As of Mar. 2024)

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What is WSP Global 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. WSP Global's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.25.

WSP Global's long-term debt to total assets ratio declined from Mar. 2023 (0.25) to Mar. 2024 (0.25). It may suggest that WSP Global is progressively becoming less dependent on debt to grow their business.

WSP Global LT-Debt-to-Total-Asset Historical Data

The historical data trend for WSP Global'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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WSP Global LT-Debt-to-Total-Asset Chart

WSP Global Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

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0.22

0.12

0.20

0.25

0.24

WSP Global Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.25	0.25	0.24	0.24	0.25

WSP Global LT-Debt-to-Total-Asset Calculation

WSP Global's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	2834.6	/	11615.31
	=	0.24

WSP Global's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	2938.017	/	11737.367
	=	0.25

WSP Global (OTCPK:WSPOF) 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.

WSP Global LT-Debt-to-Total-Asset Related Terms

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WSP Global (WSP Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WSP Global Inc (OTCPK:WSPOF) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

1W3:Germany WSP:Canada

Address

1600, Rene-Levesque Bouleverd West, 11th Floor, Montreal, QC, CAN, H3H 1P9

Website

https://www.wsp.com

WSP Global Inc provides engineering and design services to clients in the Transportation and Infrastructure, Property and Buildings, Environment, Power and Energy, Resources, and Industry sectors. It also offers strategic advisory services. The firm operates through four reportable segments namely, Canada, Americas ( US and Latin America), EMEIA (Europe, Middle East, India and Africa), and APAC (Asia Pacific, comprising Australia, New Zealand and Asia).