Weave Communications (Weave Communications) Debt-to-Equity : 0.80 (As of Mar. 2024)

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What is Weave Communications Debt-to-Equity?

Weave Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $10.4 Mil. Weave Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $48.4 Mil. Weave Communications's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $73.4 Mil. Weave Communications's debt to equity for the quarter that ended in Mar. 2024 was 0.80.

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

WEAV' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.83 Max: 1.78
Current: 0.8

During the past 5 years, the highest Debt-to-Equity Ratio of Weave Communications was 1.78. The lowest was 0.22. And the median was 0.83.

WEAV's Debt-to-Equity is ranked worse than
65.4% of 552 companies
in the Healthcare Providers & Services industry
Industry Median: 0.49 vs WEAV: 0.80

Weave Communications Debt-to-Equity Historical Data

The historical data trend for Weave Communications'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.

Weave Communications Debt-to-Equity Chart

Weave Communications Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

0.24

0.49

0.22

0.88

0.75

Weave Communications Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial												0.91	0.95	0.87	0.75	0.80

Competitive Comparison of Weave Communications's Debt-to-Equity

For the Health Information Services subindustry, Weave Communications'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.

Weave Communications's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Weave Communications's Debt-to-Equity distribution charts can be found below:

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

Weave Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Weave Communications'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
	=	(10.341	+	49.202)	/	78.957
	=	0.75

Weave Communications's Debt to Equity Ratio for the quarter that ended in Mar. 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
	=	(10.421	+	48.378)	/	73.436
	=	0.80

Weave Communications (NYSE:WEAV) 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.

Weave Communications Debt-to-Equity Related Terms

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

Weave Communications (Weave Communications) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Weave Communications Inc (NYSE:WEAV) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1331 West Powell Way, Lehi, UT, USA, 84043

Website

https://www.getweave.com

Weave Communications Inc sells subscriptions for its integrated communications platform, which combines software, communication and analysis tools with voice over internet protocol (VoIP) phone services. The Company derives substantially all revenue from subscription services by providing customers access to its platform.

Executives

Matthew C. Hyde	officer: Chief Revenue Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Erin Goodsell	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Bessemer Venture Partners Ix L.p.	10 percent owner	C/O BESSEMER VENTURE PARTNERS, 1865 PALMER AVENUE, SUITE 104, LARCHMONT NY 10538
Crosslink Capital Inc	10 percent owner	2180 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Branden Neish	officer: Chief Product &Technology Ofcr	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Alan Taylor	officer: Chief Financial Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Tiger Global Management Llc	10 percent owner	9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019
George P Scanlon	director	13410 SUTTON PARK DRIVE SOUTH, JACSKONVILLE FL 32224
Blake G Modersitzki	director	2755 EAST COTTONWOOD PARKWAY, SUITE 520, SALT LAKE CITY UT 84121
Marty Smuin	officer: Chief Operating Officer	C/O WEAVE COMMUNICATIONS, INC., 1331 W. POWELL WAY, LEHI UT 84043
Wendy Harper	officer: Chief Legal Officer & Corp.Sec	C/O WEAVE COMMUNICATIONS, INC., 1331 W POWELL WAY, LEHI UT 84043
Harvey Stuart C. Jr	director	C/O TRUSTWAVE HOLDINGS, INC., 70 W. MADISON, SUITE 1050, CHICAGO IL 60602
Debora B Tomlin	director	6550 OAK LEAF COURT, YOUNTVILLE CA 94599
Roy Banks	director, officer: Chief Executive Officer	6129 WEST 9600 NORTH, HIGHLAND UT 84003
Coleman Charles P Iii	10 percent owner	C/O TIGER GLOBAL MANAGEMENT, LLC, 9 WEST 57TH STREET, 35TH FLOOR, NEW YORK NY 10019