WeCommerce Holdings Ltd.

TSXV:WE Stock Report

Market Cap: CA$184.8m

WeCommerce Holdings Balance Sheet Health

Financial Health criteria checks 3/6

WeCommerce Holdings has a total shareholder equity of CA$112.3M and total debt of CA$46.9M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are CA$171.7M and CA$59.4M respectively.

Key information

41.8%

Debt to equity ratio

CA$46.94m

Debt

Interest coverage ration/a
CashCA$10.95m
EquityCA$112.33m
Total liabilitiesCA$59.39m
Total assetsCA$171.72m

Recent financial health updates

No updates

Recent updates

WeCommerce Holdings' (CVE:WE) Promising Earnings May Rest On Soft Foundations

Jun 03
WeCommerce Holdings' (CVE:WE) Promising Earnings May Rest On Soft Foundations

Estimating The Fair Value Of WeCommerce Holdings Ltd. (CVE:WE)

Apr 23
Estimating The Fair Value Of WeCommerce Holdings Ltd. (CVE:WE)

Results: WeCommerce Holdings Ltd. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Apr 25
Results: WeCommerce Holdings Ltd. Delivered A Surprise Loss And Now Analysts Have New Forecasts

Financial Position Analysis

Short Term Liabilities: WE's short term assets (CA$14.3M) do not cover its short term liabilities (CA$15.8M).

Long Term Liabilities: WE's short term assets (CA$14.3M) do not cover its long term liabilities (CA$43.5M).


Debt to Equity History and Analysis

Debt Level: WE's net debt to equity ratio (32%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if WE's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable WE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: WE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 39.8% per year.


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