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Wejo Group (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:

WEJOF's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 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

Wejo Group's Debt to Equity Ratio for the quarter that ended in Mar. 2023 is calculated as

* 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  (OTCPK:WEJOF) 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

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


Wejo Group (Wejo Group) Business Description

Traded in Other Exchanges
N/A
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.
Executives
David Jack officer: Interim CTO ABC BUILDING, 21-23 QUAY ST., MANCHESTER X0 M3 4AE
Benoit Joly officer: Chief Commercial Officer C/O WEJO BERMUDA LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Timothy E Lee director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Alan Masarek director C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
John T. Maxwell director, officer: Chief Financial Officer 30 TECHNOLOGY DRIVE, WARREN NJ 07059
Ann M. Schwister director 1 CORPORATE DR., SUITE C, CRANBURY NJ 08512
General Motors Co 10 percent owner 300 RENAISSANCE CENTER, DETROIT MI 48265-3000
General Motors Holdings Llc 10 percent owner 300 RENAISSANCE CENTER, MC 482-C24-A68, DETROIT MI 48265
Samuel Hendel director 180 POST ROAD EAST, WESTPORT CT 06880
Lawrence D Burns director 31675 LELA LANE, FRANKLIN MI 48025
Mina Bhama officer: Gen. Counsel and Company Sec. C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Sarah Jane Larner officer: Ex. VP - Strategy & Innovation C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Den Beverley Power officer: Chief People Officer C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Richard Michael Barlow director, officer: Chief Executive Officer C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12
Diarmid Ogilvy director C/O WEJO GROUP LIMITED, CANON'S COURT, 22 VICTORIA STREET, HAMILTON D0 HM12

Wejo Group (Wejo Group) Headlines

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