WeCommerce Holdings (TSXV:WE) Cash-to-Debt : 0.23 (As of Dec. 2022)

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

What is WeCommerce Holdings 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. WeCommerce Holdings's cash to debt ratio for the quarter that ended in Dec. 2022 was 0.23.

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, WeCommerce Holdings couldn't pay off its debt using the cash in hand for the quarter that ended in Dec. 2022.

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

TSXV:WE's Cash-to-Debt is not ranked ^*
in the Software industry.
Industry Median: 2.44
* Ranked among companies with meaningful Cash-to-Debt only.

WeCommerce Holdings Cash-to-Debt Historical Data

The historical data trend for WeCommerce Holdings'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.

* Premium members only.

WeCommerce Holdings Cash-to-Debt Chart

WeCommerce Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.35

5.73

0.43

0.23

WeCommerce Holdings Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Cash-to-Debt	Get a 7-Day Free Trial									0.43	0.44	0.21	0.21	0.23

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

For the Software - Application subindustry, WeCommerce Holdings'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.

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

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

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

WeCommerce Holdings 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.

WeCommerce Holdings's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 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)
	=	10.947	/	(4.781	+	42.154)
	=	0.23

WeCommerce Holdings's Cash to Debt Ratio for the quarter that ended in Dec. 2022 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)
	=	10.947	/	(4.781	+	42.154)
	=	0.23

WeCommerce Holdings (TSXV:WE) 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.

WeCommerce Holdings Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of WeCommerce Holdings's Cash-to-Debt 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 » Cash-to-Debt

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