MAPS (WM Technology) Cash-to-Debt : 1.45 (As of Sep. 2024)

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What is WM Technology Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. WM Technology's cash to debt ratio for the quarter that ended in Sep. 2024 was 1.45.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, WM Technology could pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for WM Technology's Cash-to-Debt or its related term are showing as below:

MAPS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.68 Med: 1.14 Max: 97.17
Current: 1.45

During the past 5 years, WM Technology's highest Cash to Debt Ratio was 97.17. The lowest was 0.68. And the median was 1.14.

MAPS's Cash-to-Debt is ranked worse than
57.38% of 2797 companies
in the Software industry
Industry Median: 2.33 vs MAPS: 1.45

WM Technology Cash-to-Debt Historical Data

The historical data trend for WM Technology's Cash-to-Debt 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.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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WM Technology Cash-to-Debt Chart

WM Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

N/A

97.17

1.51

0.73

1.04

WM Technology Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial														0.80	1.04	1.14	1.42	1.45

Competitive Comparison of WM Technology's Cash-to-Debt

For the Software - Application subindustry, WM Technology's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt 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.

WM Technology's Cash-to-Debt Distribution in the Software Industry

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

* The bar in red indicates where WM Technology's Cash-to-Debt falls into.

WM Technology Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

WM Technology's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	34.35	/	(6.493	+	26.55)
	=	1.04

WM Technology's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	45.043	/	(4.088	+	26.912)
	=	1.45

WM Technology (NAS:MAPS) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

WM Technology Cash-to-Debt Related Terms

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WM Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WM Technology Inc (NAS:MAPS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

833:Germany

Address

41 Discovery, Irvine, CA, USA, 92618

Website

https://www.weedmaps.com

WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business. Its revenues are derived primarily from monthly subscriptions to Weedmaps for Business, featured and deal listings and other WM Ad solutions. The Weedmaps for Business subscriptions generally have one-month terms that automatically renew unless notice of cancellation is provided in advance. Featured and deal listings and other WM Ad solutions are offered as add-on products to the Weedmaps for Business subscriptions. Featured and deal listings provide customers with premium placement ad solutions and discount and promotion pricing tools. Other WM Ad solutions include banner ads and promotion tiles on our marketplace ads.

Executives

Brian Camire	officer: General Counsel	41 DISCOVERY, IRVINE CA 92618
Brenda Freeman	director	C/O HERMAN MILLER INC, 855 EAST MAIN AVE, ZEELAND MI 49426
Olga Gonzalez	director	41 DISCOVERY, IRVINE CA 92618
Fiona Tan	director	41 DISCOVERY, IRVINE CA 92618
Scott Gordon	director, officer: CEO and Chairman	1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Anthony Bay	director
Duncan Grazier	officer: Chief Technology Officer	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Randa Mcminn	officer: Chief Marketing Officer	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Mary Hoitt	officer: Interim CFO	C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Arden Lee	officer: Chief Financial Officer	41 DISCOVERY, IRVINE CA 92618
Juan Jose Feijoo-osorio	officer: Chief Marketing Officer	41 DISCOVERY, IRVINE CA 92618
Justin Dean	officer: CTO and CIO	41 DISCOVERY, IRVINE CA 92618
Christopher Beals	director, officer: Chief Executive Officer	41 DISCOVERY, IRVINE CA 92618
Justin Hartfield	director, 10 percent owner	2175 PALMER PLACE, TUSTIN CA 92782
Douglas Francis	director, 10 percent owner	49 DISCOVERY, STE 200, IRVINE CA 92618