Winc (WBEVQ) Debt-to-Equity : 0.63 (As of Sep. 2022)

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What is Winc Debt-to-Equity?

Winc's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $5.63 Mil. Winc's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2.97 Mil. Winc's Total Stockholders Equity for the quarter that ended in Sep. 2022 was $13.57 Mil. Winc's debt to equity for the quarter that ended in Sep. 2022 was 0.63.

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

WBEVQ's Debt-to-Equity is not ranked ^*
in the Beverages - Alcoholic industry.
Industry Median: 0.39
* Ranked among companies with meaningful Debt-to-Equity only.

Winc Debt-to-Equity Historical Data

The historical data trend for Winc'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.

Winc Debt-to-Equity Chart

Winc Annual Data

Trend

Dec19

Dec20

Dec21

Debt-to-Equity

-0.20

-0.07

Winc Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-Equity	Get a 7-Day Free Trial						-0.11	-	0.39	0.64	0.63

Competitive Comparison of Winc's Debt-to-Equity

For the Beverages - Wineries & Distilleries subindustry, Winc'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.

Winc's Debt-to-Equity Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Winc's Debt-to-Equity distribution charts can be found below:

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

Winc Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Winc's Debt to Equity Ratio for the fiscal year that ended in Dec. 2021 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
	=	(0	+	0)	/	23.482
	=	0.00

Winc's Debt to Equity Ratio for the quarter that ended in Sep. 2022 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
	=	(5.628	+	2.965)	/	13.567
	=	0.63

Winc (OTCPK:WBEVQ) 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.

Winc Debt-to-Equity Related Terms

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

Winc (WBEVQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Winc Inc (OTCPK:WBEVQ) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1751 Berkeley Street, Studio 3, Santa Monica, CA, USA, 90404

Website

https://www.winc.com

Winc Inc is a wine company in the United States. It has a direct-to-consumer model, which involves the company bottling, labeling, and distributing wine under its own winery license. It also features wines at select retailers and restaurants nationwide. It sources from vineyards and works with winemakers and ships all wine, domestic and international, in bulk containers to a centralized winemaking and bottling facility on California's Central Coast.

Executives

Deer Vii & Co. L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVE, LARCHMONT NY 10538
Wahoowa Ventures Llc	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Alesia Lee Pinney	director	AVALARA, INC., 255 SOUTH KING ST., SUITE 1800, SEATTLE WA 98104
Goblue Ventures Llc	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Brian Patrick Smith	director, 10 percent owner, officer: President	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Carol Brault	officer: Chief Financial Officer	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Erin K Green	officer: Chief Operating Officer	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Xiangwei Weng	director	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Laura Joukovski	director	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Thelen Matthew Jonathan Alan	officer: See Remarks	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
Geoffrey Mcfarlane	director, 10 percent owner, officer: Chief Executive Officer	C/O WINC, INC., 1751 BERKELEY ST, STUDIO 3, SANTA MONICA CA 90404
15 Angels Ii Llc	10 percent owner	1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Patrick M Delong	director	1222 ARROYO SARCO, NAPA CA 94558
Deer Viii & Co. Ltd.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538
Deer Viii & Co. L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, LARCHMONT NY 10538