Wix.com Balance Sheet Health
Financial Health criteria checks 2/6
Wix.com has a total shareholder equity of $-54.5M and total debt of $569.7M, which brings its debt-to-equity ratio to -1045.6%. Its total assets and total liabilities are $1.8B and $1.9B respectively. Wix.com's EBIT is $6.0M making its interest coverage ratio -0.1. It has cash and short-term investments of $962.9M.
Key information
-1,045.6%
Debt to equity ratio
US$569.71m
Debt
| Interest coverage ratio | -0.1x |
| Cash | US$962.89m |
| Equity | -US$54.48m |
| Total liabilities | US$1.86b |
| Total assets | US$1.80b |
Recent financial health updates
Recent updates
Returns Are Gaining Momentum At Wix.com (NASDAQ:WIX)
Apr 09
Wix: Increasing Price Target As Partners Business And AI Should Continue To Drive Growth
Mar 29Wix.com Ltd.'s (NASDAQ:WIX) Shareholders Might Be Looking For Exit
Mar 22Wix: Seize The Opportunity As Growth Prospects Are Solid
Feb 16Is There An Opportunity With Wix.com Ltd.'s (NASDAQ:WIX) 38% Undervaluation?
Feb 14Why Wix.com Ltd. (NASDAQ:WIX) Could Be Worth Watching
Jan 09Wix.com Ltd.'s (NASDAQ:WIX) 26% Price Boost Is Out Of Tune With Revenues
Dec 22Wix.com Ltd.'s (NASDAQ:WIX) Intrinsic Value Is Potentially 94% Above Its Share Price
Nov 09Is Wix.com Ltd. (NASDAQ:WIX) Trading At A 22% Discount?
Jul 28Wix.com Ltd.'s (NASDAQ:WIX) Share Price Not Quite Adding Up
Jul 07Is It Too Late To Consider Buying Wix.com Ltd. (NASDAQ:WIX)?
Apr 17A Look At The Intrinsic Value Of Wix.com Ltd. (NASDAQ:WIX)
Feb 17At US$80.89, Is It Time To Put Wix.com Ltd. (NASDAQ:WIX) On Your Watch List?
Dec 17Wix gains after activist Starboard discusses upside potential at conference
Oct 18Wix.com: Fundamentally Undervalued, Technically Stronger (Technical Analysis)
Oct 11Wix.com jumps after report activist Starboard took stake
Sep 16Wix.com: It's A Tough Road Moving Forward
Sep 06What To Expect From Wix Stock After Mixed Earnings: A Big 3 Years Ahead
Aug 25Wix.com Q2 2022 Earnings Preview
Aug 09Wix.com: Growth At A Reasonable Price
Jul 21Arch Capital - Wix: Short-Term Blip In Profitability Not A Deterrent
Jun 02Adjustments and Future Projections are the Q1 Hallmarks for Wix.com Ltd.'s (NASDAQ:WIX) Earnings
May 16Is Wix.com (NASDAQ:WIX) Using Debt In A Risky Way?
Apr 21Wix.com Has More Potential Than The Market Believes
Apr 13Financial Position Analysis
Short Term Liabilities: WIX has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: WIX has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: WIX has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: WIX's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: WIX's debt is well covered by operating cash flow (43.6%).
Interest Coverage: WIX earns more interest than it pays, so coverage of interest payments is not a concern.