Wag Group Co Stock Debt To Equity

PET Stock  USD 0.17  0.01  5.56%   
Wag Group Co fundamentals help investors to digest information that contributes to Wag Group's financial success or failures. It also enables traders to predict the movement of Wag Stock. The fundamental analysis module provides a way to measure Wag Group's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Wag Group stock.
Last ReportedProjected for Next Year
Debt To Equity 16.89  17.73 
Debt To Equity is likely to gain to 17.73 in 2024.
  
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Wag Group Co Company Debt To Equity Analysis

Wag Group's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.

D/E

 = 

Total Debt

Total Equity

More About Debt To Equity | All Equity Analysis

Current Wag Group Debt To Equity

    
  0.15 %  
Most of Wag Group's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Wag Group Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Wag Debt To Equity Driver Correlations

Understanding the fundamental principles of building solid financial models for Wag Group is extremely important. It helps to project a fair market value of Wag Stock properly, considering its historical fundamentals such as Debt To Equity. Since Wag Group's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Wag Group's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Wag Group's interrelated accounts and indicators.
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High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
Competition

Wag Total Stockholder Equity

Total Stockholder Equity

1.73 Million

At this time, Wag Group's Total Stockholder Equity is comparatively stable compared to the past year.
According to the company disclosure, Wag Group Co has a Debt To Equity of 0.154%. This is 99.74% lower than that of the Software sector and significantly higher than that of the Information Technology industry. The debt to equity for all United States stocks is 99.68% higher than that of the company.

Wag Debt To Equity Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Wag Group's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Wag Group could also be used in its relative valuation, which is a method of valuing Wag Group by comparing valuation metrics of similar companies.
Wag Group is currently under evaluation in debt to equity category among its peers.

Wag Fundamentals

About Wag Group Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Wag Group Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Wag Group using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Wag Group Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Additional Tools for Wag Stock Analysis

When running Wag Group's price analysis, check to measure Wag Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Wag Group is operating at the current time. Most of Wag Group's value examination focuses on studying past and present price action to predict the probability of Wag Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wag Group's price. Additionally, you may evaluate how the addition of Wag Group to your portfolios can decrease your overall portfolio volatility.