Wix.com Balance Sheet Health
Financial Health criteria checks 2/6
Wix.com has a total shareholder equity of $-322.7M and total debt of $571.3M, which brings its debt-to-equity ratio to -177%. Its total assets and total liabilities are $1.6B and $1.9B respectively. Wix.com's EBIT is $38.8M making its interest coverage ratio -1.3. It has cash and short-term investments of $787.1M.
Key information
-177.0%
Debt to equity ratio
US$571.30m
Debt
| Interest coverage ratio | -1.3x |
| Cash | US$787.13m |
| Equity | -US$322.71m |
| Total liabilities | US$1.91b |
| Total assets | US$1.59b |
Recent financial health updates
No updates
Recent updates
Is Wix.com Ltd. (NASDAQ:WIX) Potentially Undervalued?
Oct 06
There's Been No Shortage Of Growth Recently For Wix.com's (NASDAQ:WIX) Returns On Capital
Sep 18Wix's Profitability Focus Is Increasingly Showing
Aug 07Is Wix.com Ltd. (NASDAQ:WIX) Trading At A 37% Discount?
Jul 29Wix.com Ltd. (NASDAQ:WIX) Stocks Shoot Up 44% But Its P/S Still Looks Reasonable
Jun 06Is Wix.com Ltd. (NASDAQ:WIX) Potentially Undervalued?
May 22Wix Earnings: Financial Strength Shines Brightly
May 20Returns Are Gaining Momentum At Wix.com (NASDAQ:WIX)
Apr 09Wix: 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 11Financial 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 (68%).
Interest Coverage: WIX earns more interest than it pays, so coverage of interest payments is not a concern.