The Debt/Equity of Windlab Limited is 0.39
Debt to equity ratio is a financial ratio indicating the relative proportion of shareholders’ equity and debt used to finance a company’s assets.
lfy (last fiscal year)
The debt to equity ratio is generally calculated by dividing debt by equity. The D/E ratio is also known as risk, gearing or leverage. The two components are often taken from the firm's balance sheet or statement of financial position (so-called book value), but the ratio may also be calculated using market values for both, if the company's debt and equity are publicly traded, or using a combination of book value for debt and market value for equity financially. Preferred stock can be considered part of debt or equity. Attributing preferred shares to one or the other is partially a subjective decision but will also take into account the specific features of the preferred shares. When used to calculate a company's financial leverage, the debt usually includes only the long-term debt.
Windlab Limited, renewable wind energy development company, develops, finances, constructs, and operates wind farms in Australia and South Africa. It also provides asset management services to various operating wind farms. The company has development portfolio of 45 projects with a capacity of approximately 7,700 megawatts. Windlab Limited was founded in 2003 and is headquartered in Canberra, Australia.