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WM Technology (WM Technology) Debt-to-EBITDA : 1.39 (As of Sep. 2023)


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What is WM Technology Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

WM Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $6.9 Mil. WM Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $27.8 Mil. WM Technology's annualized EBITDA for the quarter that ended in Sep. 2023 was $24.9 Mil. WM Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.39.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for WM Technology's Debt-to-EBITDA or its related term are showing as below:

MAPS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.95   Med: -0.68   Max: 0.01
Current: -4.22

During the past 4 years, the highest Debt-to-EBITDA Ratio of WM Technology was 0.01. The lowest was -11.95. And the median was -0.68.

MAPS's Debt-to-EBITDA is ranked worse than
100% of 1598 companies
in the Software industry
Industry Median: 1.06 vs MAPS: -4.22

WM Technology Debt-to-EBITDA Historical Data

The historical data trend for WM Technology's Debt-to-EBITDA 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.

WM Technology Debt-to-EBITDA Chart

WM Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
- 0.01 -11.95 -0.68

WM Technology Quarterly Data
Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.60 -0.49 -9.66 1.37 1.39

Competitive Comparison of WM Technology's Debt-to-EBITDA

For the Software - Application subindustry, WM Technology's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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.


WM Technology's Debt-to-EBITDA Distribution in the Software Industry

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

* The bar in red indicates where WM Technology's Debt-to-EBITDA falls into.



WM Technology Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

WM Technology's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.334 + 33.043) / -58.124
=-0.68

WM Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.867 + 27.842) / 24.916
=1.39

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2023) EBITDA data.


WM Technology  (NAS:MAPS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


WM Technology Debt-to-EBITDA Related Terms

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


WM Technology (WM Technology) Business Description

Traded in Other Exchanges
Address
41 Discovery, Irvine, CA, USA, 92618
WM Technology Inc is a technology and software infrastructure provider to the cannabis industry. It comprises B2C platform Weedmaps, and B2B software WM Business.
Executives
Duncan Grazier officer: Chief Technology Officer C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Brian Camire officer: General Counsel 41 DISCOVERY, IRVINE CA 92618
Olga Gonzalez director 41 DISCOVERY, IRVINE CA 92618
Anthony Bay director
Brenda Freeman director C/O HERMAN MILLER INC, 855 EAST MAIN AVE, ZEELAND MI 49426
Fiona Tan director 41 DISCOVERY, IRVINE CA 92618
Scott Gordon director, officer: CEO and Chairman 1114 6TH AVE, 41ST FLOOR, NEW YORK NY 10036
Randa Mcminn officer: Chief Marketing Officer C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Mary Hoitt officer: Interim CFO C/O WM TECHNOLOGY, INC., 41 DISCOVERY, IRVINE CA 92618
Arden Lee officer: Chief Financial Officer 41 DISCOVERY, IRVINE CA 92618
Juan Jose Feijoo-osorio officer: Chief Marketing Officer 41 DISCOVERY, IRVINE CA 92618
Justin Dean officer: CTO and CIO 41 DISCOVERY, IRVINE CA 92618
Christopher Beals director, officer: Chief Executive Officer 41 DISCOVERY, IRVINE CA 92618
Justin Hartfield director, 10 percent owner 2175 PALMER PLACE, TUSTIN CA 92782
Douglas Francis director, 10 percent owner 49 DISCOVERY, STE 200, IRVINE CA 92618