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WM Technology (WM Technology) Cash-to-Debt : 0.80 (As of Sep. 2023)


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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. 2023 was 0.80.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, WM Technology couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

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: 1.13   Max: 97.17
Current: 0.8

During the past 4 years, WM Technology's highest Cash to Debt Ratio was 97.17. The lowest was 0.68. And the median was 1.13.

MAPS's Cash-to-Debt is ranked worse than
68.21% of 2787 companies
in the Software industry
Industry Median: 2.45 vs MAPS: 0.80

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
Cash-to-Debt
N/A 97.17 1.51 0.73

WM Technology Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cash-to-Debt Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.73 0.68 0.68 0.80

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. 2022 is calculated as:

WM Technology's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

* 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.


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

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


WM Technology (WM Technology) Business Description

Traded in Other Exchanges
Address
41 Discovery, Irvine, CA, USA, 92618
WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business.
Executives
Duncan Grazier officer: Chief Technology Officer C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Brian Camire officer: General Counsel 41 DISCOVERY, IRVINE CA 92618
Olga Gonzalez director 41 DISCOVERY, IRVINE CA 92618
Anthony Bay director
Brenda Freeman director C/O HERMAN MILLER INC, 855 EAST MAIN AVE, ZEELAND MI 49426
Fiona Tan director 41 DISCOVERY, IRVINE CA 92618
Scott Gordon director, officer: CEO and Chairman 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
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