Wix.com (Wix.com) Debt-to-Equity : -18.29 (As of Dec. 2023)

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What is Wix.com Debt-to-Equity?

Wix.com's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25 Mil. Wix.com's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $971 Mil. Wix.com's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-54 Mil. Wix.com's debt to equity for the quarter that ended in Dec. 2023 was -18.29.

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 Wix.com's Debt-to-Equity or its related term are showing as below:

WIX' s Debt-to-Equity Range Over the Past 10 Years
Min: -18.29 Med: 2.13 Max: 7.1
Current: -18.29

During the past 13 years, the highest Debt-to-Equity Ratio of Wix.com was 7.10. The lowest was -18.29. And the median was 2.13.

WIX's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs WIX: -18.29

Wix.com Debt-to-Equity Historical Data

The historical data trend for Wix.com'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.

Wix.com Debt-to-Equity Chart

Wix.com Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

2.13

3.24

7.10

-4.29

-18.29

Wix.com Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-4.29	-5.16	-5.49	-10.18	-18.29

Competitive Comparison of Wix.com's Debt-to-Equity

For the Software - Infrastructure subindustry, Wix.com'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.

Wix.com's Debt-to-Equity Distribution in the Software Industry

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

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

Wix.com Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wix.com's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 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
	=	(24.981	+	971.34)	/	-54.485
	=	-18.29

Wix.com's Debt to Equity Ratio for the quarter that ended in Dec. 2023 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
	=	(24.981	+	971.34)	/	-54.485
	=	-18.29

Wix.com (NAS:WIX) 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.

Wix.com Debt-to-Equity Related Terms

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

Wix.com (Wix.com) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wix.com Ltd (NAS:WIX) » Definitions » Debt-to-Equity

Comparable Companies

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Traded in Other Exchanges

WIX:Mexico W1X:Germany W1IX34:Brazil

Address

5 Yunitsman St., Tel Aviv, ISR, 6936025

Website

https://www.wix.com

Wix.com Ltd is a cloud-based development platform provider for millions of registered users worldwide. The company is engaged in web development and management that provides an easy-to-use powerful cloud-based platform of products through a freemium model. Its core products consist of three web editors: the Wix Editor, intended for users with basic technological skills, Wix ADI, intended for novice users and Corvid, intended for more tech-savvy users. The company's web development technology is built based on HTML5 and offers HTML5 compatible capabilities, web design and layout tools, domain hosting, and other marketing and workflow management applications and services. The geographic segments include North America, Europe, Latin America, Asia and others.