Wag! Group Balance Sheet Health
Financial Health criteria checks 2/6
Wag! Group has a total shareholder equity of $2.4M and total debt of $19.0M, which brings its debt-to-equity ratio to 800.6%. Its total assets and total liabilities are $32.6M and $30.2M respectively.
Key information
800.6%
Debt to equity ratio
US$19.02m
Debt
| Interest coverage ratio | n/a |
| Cash | US$8.45m |
| Equity | US$2.38m |
| Total liabilities | US$30.22m |
| Total assets | US$32.59m |
Recent financial health updates
Recent updates
Wag! Group Co. (NASDAQ:PET) Stock Catapults 27% Though Its Price And Business Still Lag The Industry
Jan 03
Wag! Group Co.'s (NASDAQ:PET) 78% Dip In Price Shows Sentiment Is Matching Revenues
Nov 15Earnings Update: Wag! Group Co. (NASDAQ:PET) Just Reported Its First-Quarter Results And Analysts Are Updating Their Forecasts
May 12Wag! Group (NASDAQ:PET) Is Carrying A Fair Bit Of Debt
Apr 29Investors Continue Waiting On Sidelines For Wag! Group Co. (NASDAQ:PET)
Jan 19Wag! Group Co. (NASDAQ:PET) Just Reported Yearly Earnings And Analysts Are Lifting Their Estimates
Feb 24Wag! Group Goes Public: Pawsome Second Quarter Performance
Aug 28Wag! Group GAAP EPS of -$0.17, revenue of $12.78M, raises FY guidance
Aug 16Financial Position Analysis
Short Term Liabilities: PET's short term assets ($18.3M) do not cover its short term liabilities ($29.6M).
Long Term Liabilities: PET's short term assets ($18.3M) exceed its long term liabilities ($587.0K).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (445.1%) is considered high.
Reducing Debt: Insufficient data to determine if PET'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: PET has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PET has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 51.9% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/05 02:10 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Wag! Group Co. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeremy Hamblin | Craig-Hallum Capital Group LLC |
| Jason Helfstein | Oppenheimer & Co. Inc. |
| Matthew Koranda | Roth MKM |