Wag! Group Balance Sheet Health
Financial Health criteria checks 3/6
Wag! Group has a total shareholder equity of $1.6M and total debt of $27.4M, which brings its debt-to-equity ratio to 1665.6%. Its total assets and total liabilities are $46.7M and $45.1M respectively.
Key information
1,665.6%
Debt to equity ratio
US$27.42m
Debt
| Interest coverage ratio | n/a |
| Cash | US$18.32m |
| Equity | US$1.65m |
| Total liabilities | US$45.05m |
| Total assets | US$46.70m |
Recent financial health updates
No updates
Recent updates
Investors Continue Waiting On Sidelines For Wag! Group Co. (NASDAQ:PET)
Jan 19
Wag! 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 ($31.8M) exceed its short term liabilities ($18.4M).
Long Term Liabilities: PET's short term assets ($31.8M) exceed its long term liabilities ($26.7M).
Debt to Equity History and Analysis
Debt Level: PET's net debt to equity ratio (552.4%) 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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PET has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.