WeTrade Group, Inc.

NasdaqCM:WETG Stock Report

Market Cap: US$10.8m

WeTrade Group Balance Sheet Health

Financial Health criteria checks 4/6

WeTrade Group has a total shareholder equity of $39.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $41.9M and $2.1M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.42m
EquityUS$39.76m
Total liabilitiesUS$2.12m
Total assetsUS$41.88m

Recent financial health updates

Recent updates

Why Investors Shouldn't Be Surprised By WeTrade Group, Inc.'s (NASDAQ:WETG) 49% Share Price Plunge

Apr 17
Why Investors Shouldn't Be Surprised By WeTrade Group, Inc.'s (NASDAQ:WETG) 49% Share Price Plunge

WeTrade Group to increase presence in the health market

Oct 19

WeTrade partners with Guyguide to provide monkeypox testing kits for travel packages

Aug 23

WeTrade stock rises 11% on $50M sales contract for monkeypox test kits

Aug 12

WeTrade Group shares surge after iniking monkeypox test kit partnership

Aug 05

Financial Position Analysis

Short Term Liabilities: WETG's short term assets ($41.9M) exceed its short term liabilities ($2.1M).

Long Term Liabilities: WETG has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: WETG is debt free.

Reducing Debt: WETG had no debt 5 years ago.


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: WETG has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: WETG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 81.6% each year


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