To the full analysis
WD-40 stock: balance sheet and debt
WDFCWD-40 has a debt to equity ratio of 0.36 and an interest coverage of 39.4x.
Daily figure as of 13 Nov 2026
Debt / Equity
0.36
Interest coverage
39.4x
Current ratio
2.57
Cash & equivalents
$70.61M
Total assets
$494.38M
Equity ratio
55.2%
Goodwill
$98.29M
Plus intangible assets of $3.53M
Net debt
$26.54M
Total assets and equity ratio
How large the balance sheet of WD-40 Company is, how much of it is equity and how much is goodwill from acquisitions.
Equity ratio
Figures as a table
| Year | Total assets | Goodwill and intangible assets | of which goodwill | Equity ratio | Net debt |
|---|---|---|---|---|---|
| 2007 | $283.19M | $138.95M | $96.41M | 59.4% | −$7.51M |
| 2008 | $270.67M | $135.9M | $95.91M | 60.6% | $874K |
| 2009 | $262.62M | $127.63M | $95.42M | 65.9% | −$13.81M |
| 2010 | $289.11M | $126.51M | $95.24M | 68.0% | −$54.5M |
| 2011 | $279.78M | $125.39M | $95.45M | 71.9% | −$46.21M |
| 2012 | $300.87M | $123M | $95.32M | 61.6% | −$25.75M |
| 2013 | $323.06M | $119.53M | $95.24M | 55.6% | −$27.95M |
| 2014 | $347.68M | $119.17M | $95.5M | 48.7% | −$4.85M |
| 2015 | $339.26M | $119.37M | $96.41M | 46.5% | $5.5M |
| 2016 | $339.67M | $114.84M | $95.65M | 41.3% | $13.48M |
| 2017 | $369.72M | $111.84M | $95.6M | 37.7% | $36.75M |
| 2018 | $317.06M | $109.13M | $95.62M | 49.0% | $37.32M |
| 2019 | $302.66M | $106M | $95.35M | 48.1% | $54.19M |
| 2020 | $362.64M | $104.36M | $95.73M | 44.2% | $65.8M |
| 2021 | $430.2M | $103.11M | $95.87M | 46.6% | $45.81M |
| 2022 | $434.3M | $100.77M | $95.18M | 43.4% | $116.17M |
| 2023 | $437.97M | $100.18M | $95.51M | 48.0% | $80.38M |
| 2024 | $449.04M | $103.21M | $96.99M | 51.3% | $56.14M |
| 2025 | $475.81M | $99.57M | $97.15M | 56.4% | $39.57M |
| 2026 | $494.38M | $101.82M | $98.29M | 55.2% | $26.54M |
The equity ratio divides total equity, including non-controlling interests, by total assets. Net debt is debt minus cash and short-term investments; a negative figure means cash exceeds debt.
Equity and debt
What the company owns and owes
- Cash & equivalents
- Equity
- Debt
Figures as a table
| Year | Cash & equivalents | Equity | Debt | Debt / Equity |
|---|---|---|---|---|
| 2007 | $61.08M | $168.27M | $53.57M | 0.32 |
| 2008 | $41.98M | $163.99M | $42.86M | 0.26 |
| 2009 | $45.96M | $172.95M | $32.14M | 0.19 |
| 2010 | $75.93M | $196.52M | $21.43M | 0.11 |
| 2011 | $56.93M | $201.23M | $10.72M | 0.05 |
| 2012 | $70.75M | $185.46M | $45M | 0.24 |
| 2013 | $90.95M | $179.51M | $63M | 0.35 |
| 2014 | $102.85M | $169.42M | $98M | 0.58 |
| 2015 | $102.5M | $157.86M | $108M | 0.68 |
| 2016 | $108.52M | $140.4M | $122M | 0.87 |
| 2017 | $117.25M | $139.39M | $154M | 1.1 |
| 2018 | $49.09M | $155.49M | $86.4M | 0.56 |
| 2019 | $27.23M | $145.48M | $81.43M | 0.56 |
| 2020 | $56.46M | $160.31M | $122.26M | 0.76 |
| 2021 | $85.96M | $200.38M | $131.77M | 0.66 |
| 2022 | $37.84M | $188.62M | $154.01M | 0.82 |
| 2023 | $48.14M | $210.18M | $128.52M | 0.61 |
| 2024 | $46.7M | $230.53M | $102.83M | 0.45 |
| 2025 | $58.13M | $268.15M | $97.7M | 0.36 |
| 2026 | $70.61M | $272.97M | $97.15M | 0.36 |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2026, period end 31 Aug 2026
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 23 Oct 2026)
- Valuation signal Overvalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.