WPNDF (Wishpond Technologies) Debt-to-Equity : 0.14 (As of Sep. 2024)

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What is Wishpond Technologies Debt-to-Equity?

Wishpond Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.96 Mil. Wishpond Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.00 Mil. Wishpond Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was $6.73 Mil. Wishpond Technologies's debt to equity for the quarter that ended in Sep. 2024 was 0.14.

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

WPNDF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.1 Med: 0.05 Max: 0.22
Current: 0.14

During the past 5 years, the highest Debt-to-Equity Ratio of Wishpond Technologies was 0.22. The lowest was -1.10. And the median was 0.05.

WPNDF's Debt-to-Equity is ranked better than
58.17% of 2209 companies
in the Software industry
Industry Median: 0.2 vs WPNDF: 0.14

Wishpond Technologies Debt-to-Equity Historical Data

The historical data trend for Wishpond Technologies'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.

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Wishpond Technologies Debt-to-Equity Chart

Wishpond Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

-1.07

0.09

0.11

Wishpond Technologies Quarterly Data
	Dec19	Mar20	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															-	0.11	0.22	0.14	0.14

Competitive Comparison of Wishpond Technologies's Debt-to-Equity

For the Software - Application subindustry, Wishpond Technologies'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.

Wishpond Technologies's Debt-to-Equity Distribution in the Software Industry

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

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

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Wishpond Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Wishpond Technologies'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
	=	(0.742	+	0)	/	6.945
	=	0.11

Wishpond Technologies'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
	=	(0.96	+	0)	/	6.725
	=	0.14

Wishpond Technologies (OTCPK:WPNDF) 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.

Wishpond Technologies Debt-to-Equity Related Terms

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Wishpond Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wishpond Technologies Ltd (OTCPK:WPNDF) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

WISH:Canada

Address

422 Richards Street, No.170, Vancouver, BC, CAN, V6B 2Z4

Website

https://www.wishpond.com

Wishpond Technologies Ltd is a provider of marketing-focused online business solutions providing digital marketing solutions that empower entrepreneurs to achieve success online. The company offers an all-in-one marketing suite that provides companies with marketing, promotion, lead generation, sales automation, ad management, referral marketing, and sales conversion capabilities from one integrated platform. It replaces entire marketing functions in an easy-to-use product, for a fraction of the cost. It serves over 3,700 customers who are mainly small-to-medium size businesses in a wide variety of industries. The company employs a Software-as-a-Service (SaaS) business model where substantially all its revenue is subscription-based recurring revenue.