Debt / Equity is defined as:
Total Debt
(/) Total Common Equity
(=) Debt / Equity
Debt / Equity for Wayfair is calculated as follows:
Total Debt [ 4.075 B]
(/) Total Common Equity [ -2.659 B ]
(=) Debt / Equity [ −153.2% ]
The tables below summarizes the trend in Wayfair’s Debt / Equity over the last five years:
| Fiscal Year |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2020-12-31 |
2.968 B |
-975.8 M |
−304.2% |
| 2021-12-31 |
3.562 B |
-1.422 B |
−250.4% |
| 2022-12-31 |
3.88 B |
-2.381 B |
−162.9% |
| 2023-12-31 |
3.808 B |
-2.452 B |
−155.3% |
| 2024-12-31 |
4.075 B |
-2.659 B |
−153.2% |
The tables below summarizes the trend in Wayfair’s Debt / Equity over the last four quarters:
| Fiscal Quarter |
Total Debt |
Total Common Equity |
Debt / Equity |
| 2024-03-31 |
3.815 B |
-2.618 B |
−145.7% |
| 2024-06-30 |
3.834 B |
-2.576 B |
−148.8% |
| 2024-09-30 |
3.682 B |
-2.455 B |
−150.0% |
| 2024-12-31 |
4.075 B |
-2.659 B |
−153.2% |
The higher the ratio, the more debt the company has in its capital structure.
Read More on HBR: Debt / Equity Ratio
Click the link below to download a spreadsheet with an example Debt / Equity calculation for Wayfair Inc below: