Westbond Enterprises Corp Stock Debt To Equity

WBE Stock  CAD 0.22  0.02  8.33%   
Westbond Enterprises Corp fundamentals help investors to digest information that contributes to Westbond Enterprises' financial success or failures. It also enables traders to predict the movement of Westbond Stock. The fundamental analysis module provides a way to measure Westbond Enterprises' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Westbond Enterprises stock.
Last ReportedProjected for Next Year
Debt To Equity 0.09  0.08 
Debt To Equity is likely to drop to 0.08 in 2024.
  
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Westbond Enterprises Corp Company Debt To Equity Analysis

Westbond Enterprises' Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Westbond Enterprises Debt To Equity

    
  59.60 %  
Most of Westbond Enterprises' fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Westbond Enterprises Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Westbond Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Westbond Enterprises is extremely important. It helps to project a fair market value of Westbond Stock properly, considering its historical fundamentals such as Debt To Equity. Since Westbond Enterprises' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Westbond Enterprises' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Westbond Enterprises' interrelated accounts and indicators.
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

Westbond Total Stockholder Equity

Total Stockholder Equity

3.87 Million

At this time, Westbond Enterprises' Total Stockholder Equity is fairly stable compared to the past year.
According to the company disclosure, Westbond Enterprises Corp has a Debt To Equity of 59%. This is 7.47% lower than that of the Paper & Forest Products sector and 33.67% lower than that of the Materials industry. The debt to equity for all Canada stocks is 22.38% lower than that of the firm.

Westbond Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Westbond Enterprises' direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Westbond Enterprises could also be used in its relative valuation, which is a method of valuing Westbond Enterprises by comparing valuation metrics of similar companies.
Westbond Enterprises is currently under evaluation in debt to equity category among its peers.

Westbond Fundamentals

About Westbond Enterprises Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Westbond Enterprises Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Westbond Enterprises using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Westbond Enterprises Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Westbond Stock Analysis

When running Westbond Enterprises' price analysis, check to measure Westbond Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westbond Enterprises is operating at the current time. Most of Westbond Enterprises' value examination focuses on studying past and present price action to predict the probability of Westbond Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westbond Enterprises' price. Additionally, you may evaluate how the addition of Westbond Enterprises to your portfolios can decrease your overall portfolio volatility.