Daily Journal (Daily Journal) Debt-to-Equity : 0.33 (As of Dec. 2023)

View and export this data going back to 1992. Start your Free Trial

What is Daily Journal Debt-to-Equity?

Daily Journal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.16 Mil. Daily Journal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $71.08 Mil. Daily Journal's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $213.08 Mil. Daily Journal's debt to equity for the quarter that ended in Dec. 2023 was 0.33.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Daily Journal's Debt-to-Equity or its related term are showing as below:

DJCO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.22 Max: 0.43
Current: 0.33

During the past 13 years, the highest Debt-to-Equity Ratio of Daily Journal was 0.43. The lowest was 0.08. And the median was 0.22.

DJCO's Debt-to-Equity is ranked worse than
60.02% of 2221 companies
in the Software industry
Industry Median: 0.21 vs DJCO: 0.33

Daily Journal Debt-to-Equity Historical Data

The historical data trend for Daily Journal's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Daily Journal Debt-to-Equity Chart

Daily Journal Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

Get a 7-Day Free Trial

0.23

0.22

0.13

0.43

0.38

Daily Journal Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.42	0.40	0.40	0.38	0.33

Competitive Comparison of Daily Journal's Debt-to-Equity

For the Software - Application subindustry, Daily Journal's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Daily Journal's Debt-to-Equity Distribution in the Software Industry

For the Software industry and Technology sector, Daily Journal's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Daily Journal's Debt-to-Equity falls into.

Daily Journal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Daily Journal's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.158	+	76.12)	/	200.469
	=	0.38

Daily Journal's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.16	+	71.079)	/	213.084
	=	0.33

Daily Journal (NAS:DJCO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Daily Journal Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Daily Journal's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Daily Journal (Daily Journal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Daily Journal Corp (NAS:DJCO) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

DJ1:Germany

Address

915 East First Street, Los Angeles, CA, USA, 90012

Website

https://www.dailyjournal.com

Daily Journal Corp publishes newspapers and websites covering California and Arizona and produces several specialized information services. The company operates in two segments: Traditional business and Journal Technologies. It also serves as a newspaper representative specializing in public notice advertising. The majority of revenue is generated from the Journal Technologies segment.

Executives

Gerald L Salzman	director, officer: Chief Executive Officer	C/O DAILY JOURNAL, 915 E. FIRST STREET, LOS ANGELES CA 90012
Guerin John Patrick Et Al	director, 10 percent owner	355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071-1560
Mary Conlin	director	P.O. BOX 1516, PACIFIC PALISADES CA 90272
Charles T Munger	director, 10 percent owner, officer: Chairman	355 S GRAND AV, 34TH FL, LOS ANGELES CA 90071
Munger, Marshall & Co., A California Limited Partnership	10 percent owner	355 SOUTH GRAND AVENUE, 34TH FLOOR, LOS ANGELES CA 90071