WEJOF (Wejo Group) LT-Debt-to-Total-Asset: 1.63 (As of Mar. 2023)


What is Wejo Group LT-Debt-to-Total-Asset?

Wejo Group WEJOF LT-Debt-to-Total-Asset is 1.63 as of Mar. 2023.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Wejo Group's long-term debt to total assests ratio for the quarter that ended in Mar. 2023 was 1.63.

Wejo Group's long-term debt to total assets ratio increased from Mar. 2022 (0.38) to Mar. 2023 (1.63). It may suggest that Wejo Group is progressively becoming more dependent on debt to grow their business.

Wejo Group  (OTCPK:WEJOF) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Wejo Group LT-Debt-to-Total-Asset Related Terms

Wejo Group LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Wejo Group's LT-Debt-to-Total-Asset 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.

Wejo Group LT-Debt-to-Total-Asset Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
LT-Debt-to-Total-Asset
0.00 0.19 0.24 1.17

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.67 0.86 1.17 1.63

Wejo Group LT-Debt-to-Total-Asset Calculation

Wejo Group's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2022 is calculated as

LT Debt to Total Assets (A: Dec. 2022 )=Long-Term Debt & Capital Lease Obligation (A: Dec. 2022 )/Total Assets (A: Dec. 2022 )
=36.447/31.133
=1.17

Wejo Group's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2023 is calculated as

LT Debt to Total Assets (Q: Mar. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Mar. 2023 )/Total Assets (Q: Mar. 2023 )
=36.874/22.58
=1.63

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 1.63 mean?
Wejo Group (WEJOF) has a LT-Debt-to-Total-Asset of 1.63 as of Mar. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Wejo Group and its competitors.
Is Wejo Group's LT-Debt-to-Total-Asset too high?
Wejo Group's current LT-Debt-to-Total-Asset is 1.63.
How does Wejo Group's LT-Debt-to-Total-Asset compare to SOLS and BTOW?
Wejo Group's LT-Debt-to-Total-Asset of 1.63 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Software company?
A good LT-Debt-to-Total-Asset depends on the Software industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Wejo Group and its competitors. Wejo Group's current LT-Debt-to-Total-Asset is 1.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current LT-Debt-to-Total-Asset of 1.63. The current LT-Debt-to-Total-Asset is 1.63. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Wejo Group (WEJOF), the current LT-Debt-to-Total-Asset is 1.63 as of Mar. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Wejo Group Business Description

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