WM Technology (FRA:833) Debt-to-Equity : 1.05 (As of Sep. 2024)

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What is WM Technology Debt-to-Equity?

WM Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €3.7 Mil. WM Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €24.2 Mil. WM Technology's Total Stockholders Equity for the quarter that ended in Sep. 2024 was €26.6 Mil. WM Technology's debt to equity for the quarter that ended in Sep. 2024 was 1.05.

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 WM Technology's Debt-to-Equity or its related term are showing as below:

FRA:833' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.16 Med: 1.19 Max: 2.94
Current: 1.05

During the past 5 years, the highest Debt-to-Equity Ratio of WM Technology was 2.94. The lowest was -3.16. And the median was 1.19.

FRA:833's Debt-to-Equity is ranked worse than
85.93% of 2210 companies
in the Software industry
Industry Median: 0.22 vs FRA:833: 1.05

WM Technology Debt-to-Equity Historical Data

The historical data trend for WM Technology'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.

WM Technology Debt-to-Equity Chart

WM Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

N/A

0.01

0.71

2.94

2.02

WM Technology Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Equity	Get a 7-Day Free Trial														1.74	2.02	1.51	1.19	1.05

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

For the Software - Application subindustry, WM Technology'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.

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

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

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

WM Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WM Technology'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
	=	(5.954	+	24.346)	/	15.02
	=	2.02

WM Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2024 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
	=	(3.683	+	24.248)	/	26.622
	=	1.05

WM Technology (FRA:833) 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.

WM Technology Debt-to-Equity Related Terms

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

WM Technology Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WM Technology Inc (FRA:833) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

MAPS:USA

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.

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