WeCommerce Holdings (TSXV:WE) Debt-to-Equity : 0.42 (As of Dec. 2022)

View and export this data going back to 2020. Start your Free Trial

What is WeCommerce Holdings Debt-to-Equity?

WeCommerce Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was C$4.78 Mil. WeCommerce Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was C$42.15 Mil. WeCommerce Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2022 was C$112.33 Mil. WeCommerce Holdings's debt to equity for the quarter that ended in Dec. 2022 was 0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for WeCommerce Holdings's Debt-to-Equity or its related term are showing as below:

TSXV:WE's Debt-to-Equity is not ranked ^*
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

WeCommerce Holdings Debt-to-Equity Historical Data

The historical data trend for WeCommerce Holdings's Debt-to-Equity 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.

* Premium members only.

WeCommerce Holdings Debt-to-Equity Chart

WeCommerce Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

12.84

0.16

0.55

0.42

WeCommerce Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Debt-to-Equity	Get a 7-Day Free Trial									0.55	0.48	0.39	0.40	0.42

Competitive Comparison of WeCommerce Holdings's Debt-to-Equity

For the Software - Application subindustry, WeCommerce Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

WeCommerce Holdings's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, WeCommerce Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WeCommerce Holdings's Debt-to-Equity falls into.

WeCommerce Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WeCommerce Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.781	+	42.154)	/	112.33
	=	0.42

WeCommerce Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2022 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(4.781	+	42.154)	/	112.33
	=	0.42

WeCommerce Holdings (TSXV:WE) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

WeCommerce Holdings Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of WeCommerce Holdings's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

WeCommerce Holdings (TSXV:WE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WeCommerce Holdings Ltd (TSXV:WE) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

329 Howe Street, PMB 2066, Victoria, BC, CAN, V6C 3N2

Website

https://www.wecommerce.co

WeCommerce Holdings Ltd is a holding company that owns a family of companies and brands in the Shopify partner ecosystem, including Pixel Union, Out of the Sandbox, Yopify, SuppleApps, Rehash, Stamped and Foursixty. The company's primary focus is to build, grow and acquire businesses that serve the Shopify Partner ecosystem. These businesses consist largely of Software as a Service, Digital Goods and Services businesses. Generally, these businesses build Apps and Themes and run Agencies that support Shopify merchants. The company targets businesses within the Shopify ecosystem due to its confidence in the Shopify platform, the fragmented nature of the ecosystem and the attractive economics that the businesses generally exhibit. Its segments include Themes, Apps and Agency.

WeCommerce Holdings (TSXV:WE) Headlines

No Headlines