WEJWF (Wejo Group) Debt-to-Equity : -0.54 (As of Mar. 2023)

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What is Wejo Group Debt-to-Equity?

Wejo Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $17.89 Mil. Wejo Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $36.87 Mil. Wejo Group's Total Stockholders Equity for the quarter that ended in Mar. 2023 was $-100.81 Mil. Wejo Group's debt to equity for the quarter that ended in Mar. 2023 was -0.54.

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

WEJWF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.47 Med: -0.35 Max: 2.67
Current: -0.54

During the past 4 years, the highest Debt-to-Equity Ratio of Wejo Group was 2.67. The lowest was -1.47. And the median was -0.35.

WEJWF's Debt-to-Equity is not ranked
in the Software industry.
Industry Median: 0.21 vs WEJWF: -0.54

Wejo Group Debt-to-Equity Historical Data

The historical data trend for Wejo Group'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.

Wejo Group Debt-to-Equity Chart

Wejo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

0.03

-0.35

0.71

-0.70

Wejo Group Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Debt-to-Equity	Get a 7-Day Free Trial							2.67	-1.47	-1.15	-0.70	-0.54

Competitive Comparison of Wejo Group's Debt-to-Equity

For the Software - Infrastructure subindustry, Wejo Group'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.

Wejo Group's Debt-to-Equity Distribution in the Software Industry

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

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

Wejo Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wejo Group's Debt to Equity Ratio for the fiscal year that ended in Dec. 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
	=	(11.821	+	36.447)	/	-68.763
	=	-0.70

Wejo Group's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(17.886	+	36.874)	/	-100.813
	=	-0.54

Wejo Group (OTCPK:WEJWF) 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.

Wejo Group Debt-to-Equity Related Terms

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Wejo Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wejo Group Ltd (OTCPK:WEJWF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12

Website

https://www.wejo.com

Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.